Going global: The competition challenge for "Made in Vietnam" cars

Industry observers said the 14% growth in sales during the first seven months indicates that Vietnam’s auto market is maintaining its recovery and gradually strengthening purchasing demand. The magazine said the VF e34 retails at 188 million VND (7,200 USD) with the battery included, making it one of the most affordable electric cars in the Vietnamese market. It marked the first time an automotive brand in Vietnam has exceeded 100,000 vehicle deliveries in the first half. Industry observers said the 14% growth in sales during the first seven months indicates that Vietnam’s auto market is maintaining its recovery and gradually strengthening purchasing demand. The magazine said the VF e34 retails at 188 million VND (7,200 USD) with the battery included, making it one of the most affordable electric cars in the Vietnamese market. It marked the first time an automotive brand in Vietnam has exceeded 100,000 vehicle deliveries in the first half. Within the broader ASEAN-China relationship, Vietnam-China trade and investment cooperation has provided strong momentum and played a key role in connecting markets and production chains, with substantive cooperation advancing across multiple areas. Ho Chi Minh City will implement a range of tasks and solutions to enhance business competitiveness, promote sustainable exports, expand markets, and enable local businesses to engage more deeply in global value and supply chains. The move is also expected to contribute to the development of Ho Chi Minh City as a regional hub for trade, logistics and international economic integration. Once a product goes digital, it can transcend geography entirely. Consumers no longer need to visit a store or craft village in person to learn where a product comes from, how it's made, or whether it's worth buying. They can do all of that, and decide to buy, from a screen. Vietnam may remain the growth leader in Southeast Asia in the 2026-2035 period, according to a report released by the US’s Bain & Company and Singapore’s DBS Bank and Vriens & Partners on September 16. Information source: VietnamPlus English