Despite the impact of the COVID-19 pandemic, Vietnamese auto-maker VinFast Trading and Production LLC still enjoyed a month-on-month increase of 5 percent in sales in May, to 2,855 vehicles.
Hanoi (VNA) - Despite the impact of the COVID-19pandemic, Vietnamese auto-maker VinFast Trading and Production LLC stillenjoyed a month-on-month increase of 5 percent in sales in May, to 2,855 vehicles.
As a subsidiary of Vietnamese conglomerate Vingroup, it sold1,868 Fadil, 457 Lux A2.0, and 530 Lux SA2.0 models.
It has sold some 12,421 of the three models since thebeginning of the year.
In response to COVID-19, it has introduced homeservices throughout its entire network by publishing specific information for customerson its website and social media and sending staff out to customers’ houses to provideconsultation or offer test drives.
VinFast has also provided incentives to customersbuying motor cars, offering instalment payment programmes through its website, //shop.vinfastauto.com/vi/tcb.html.Customers can now have their request approved online instead of applying at banks.
It has also launched special customer service policies,including a five-year or 165,000-km guarantee on Lux models and free call-out mechanicservices throughout the guarantee period, or free car parking for six hours at Vincomand Vinhomes properties around the country.
The Vietnam Automobile Manufacturers’ Association(VAMA), meanwhile, reported that its members recorded a 15 percentmonth-on-month decline in automobile sales in May, to 15,585 units./.
VinFast Trading and Production LLC announced that it has selected NVIDIA DRIVE Orin for its new generation of autonomous electric vehicles designed to deliver a superior driving experience to customers.
The Vietnam Automobile Manufacturers’ Association (VAMA) announced on April 13 that its members sold a total of 70,952 vehicles in the first quarter of 2021, a year-on-year surge of 36 percent.
Vinbus Ecology Transport Services Limited Liability Company (VinBus), a member of Vietnam’s largest conglomerate Vingroup, on May 17 trialed its smart electric bus service on Hanoi streets after one-month testing inside VinGroup’s urban areas
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.
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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.
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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.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
A Vinfast model (Photo: Vinfast) 
