Hyundai sales in Vietnam rebound strongly after early-year slump
According to figures released by the TC Group on April 15, Hyundai sold a total of 5,368 vehicles last month, a significant 77.6% increase compared to February.
The Accent continues to lead Hyundai’s vehicle sales in March. (Photo: hyundaidongdo-24h.com)
Hanoi (VNA) 💎– Hyundai automobile sales in Vietnam surged in March, marking a strong recovery after a sluggish start to the year.
According to figures released by the TC Group on April 15, Hyundai sold a total of 5,368 vehicles last month, a significant 77.6% increase compared to February.
This sharp rise signals a robust rebound in consumer demand in the Vietnamese auto market following two consecutive months of low sales.
Topping the sales chart was the Hyundai Accent, with 1,049 units sold, more than doubling the previous month's figure, cementing its position as the brand’s best-selling model in Vietnam. Close behind was the Hyundai Tucson, which posted an impressive 2.5-fold increase to reach 1,046 units.
Other models, including the Hyundai Creta, Santa Fe, and Grand i10, also recorded notable growth. The compact SUV Hyundai Venue saw sales jump to 313 units, more than twice the previous month’s performance.
Hyundai’s commercial vehicle segment also showed promising signs of recovery, with 1,158 units sold in March, up 58.5% month-on-month, reflecting a rebound in the transport and logistics sectors.
Cumulatively, Hyundai sold 11,474 vehicles in Vietnam during the first quarter of 2025. The brand’s strong showing is attributed to a combination of high-quality products, an extensive dealership network, and attractive promotional campaigns.
A representative from the TC Group affirmed the company’s commitment to enhancing sales and after-sales services, aiming to deliver the best possible customer experience while maintaining stable growth momentum throughout the remainder of 2025./.
In February, Hyundai Accent remained the best-selling model, with 455 units delivered to customers. It was followed by Hyundai Tucson with 403 units, Hyundai Stargazer with 304 cars, and Hyundai Creta with 303 vehicles.
One standout trend was the sharp rise in completely built-up (CBU) imports, which saw sales climb 60% to 16,863 units. Meanwhile, domestically assembled vehicles also posted a gain of 35%, with 14,887 units delivered to customers.
Prime Minister Pham Minh Chinh received R.N. Minnikhanov, Head of the Republic of Tatarstan of the Russian Federation in Hanoi on March 21, where he called on Tatarstan to consider building a Kamaz automobile manufacturing plant in Vietnam.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.