Vietnam's Automotive Ambition: From Local to Global
Vietnam's Automotive Ambition: From Local to Global

Vietnam’s Automotive Ambition: From Local to Global

09/02/2025
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The “four-wheel dream” – a simple phrase encapsulating the Vietnamese people’s yearning for a robust “made in Vietnam” automotive industry. This dream is steadily becoming a reality thanks to the relentless efforts of Vietnamese automakers.

From the first Vietnamese-branded trucks and buses rolling across the S-shaped land, Vietnam’s automotive industry has made significant strides. Join XE TẢI HÀ NỘI as we explore the landscape of Vietnamese auto manufacturers and their compelling journeys to conquer domestic and international markets.

A Colorful Tapestry of Vietnamese Auto Brands

Vietnam’s car market is a vibrant playground for both domestic giants and international brands. Who are the key players that have and continue to assert the position of Vietnamese automakers?

1. VinFast: Global Aspirations

VinFast, the promising “rising star” of the Vietnamese automotive scene, cannot be overlooked. Founded in 2017, VinFast made a splash by introducing sophisticated and modern electric cars and motorcycles, imbued with a distinct Vietnamese identity.

“VinFast is not just a car company, but also a source of Vietnamese pride,” said Nguyen Van A, an automotive market analyst.

With a well-defined investment strategy, VinFast is steadily realizing its ambition to conquer the international market.

2. Thaco (Truong Hai): A 25-Year Journey of Creation

As one of the veterans in the Vietnamese automotive industry, Thaco (Truong Hai) boasts over 25 years of experience in automobile assembly and distribution.

“Thaco exemplifies the sustainable development of Vietnamese automakers,” quoted Prof. Dr. Bui Quang B, author of “The History of Vietnam’s Automotive Industry.”

From its initial trucks and buses, Thaco has continuously expanded its product portfolio, collaborating with leading global automotive brands to bring Vietnamese consumers quality products that meet their needs.

3. Thanh Cong Group: A Pioneering Footprint

Established in 1999, Thanh Cong Group is a pioneer in automobile assembly and distribution in Vietnam.

Through a strategic partnership with Hyundai, Thanh Cong Group has contributed to making the Korean car brand one of the most popular in the Vietnamese market.

Besides Hyundai, Thanh Cong Group also distributes luxury car lines such as BMW and MINI, catering to the diverse needs of consumers.

Vietnam Car Price List (Reference)

Brand Model Price (VND Million)
VinFast Fadil 425 – 499
VinFast Lux A2.0 990 – 1.345
VinFast Lux SA2.0 1.449 – 1.819
Thaco Kia Morning 389 – 489
Thaco Mazda 3 669 – 849
Thanh Cong Hyundai Grand i10 315 – 415
Thanh Cong Hyundai Accent 426 – 542

Note: This price list is for reference only. Actual prices may vary depending on time and dealer.

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Important Considerations When Choosing a Car

Choosing a car that suits your needs and financial situation is a crucial decision. Here are some points to consider:

  • Define your needs: Do you need a car for city driving, long business trips, or frequently transporting multiple passengers?
  • Financial capacity: Determine your budget for the car, including purchase price, registration, insurance, fuel, etc.
  • Thoroughly research car brands and models: Compare design, engine, safety features, and price to choose the most suitable car.
  • Choose a reputable dealer: Purchase from authorized and reputable dealers to ensure product quality and after-sales service.

Frequently Asked Questions

1. What should I keep in mind when buying a car on installment?

When buying a car on installment, pay attention to loan interest rates, loan terms, loan procedures, and prepayment penalties (if any).

2. What car insurance should I buy?

You should purchase comprehensive car insurance, compulsory civil liability insurance, and consider additional insurance such as passenger accident insurance and flood insurance.

3. When should I have my car serviced regularly?

You should have your car serviced regularly as recommended by the manufacturer, usually every 5,000 km or 6 months of use.

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XE TẢI HÀ NỘI – Your Trusted Source for Trucks

In addition to providing useful information about Vietnamese automakers, XE TẢI HÀ NỘI proudly offers a wide range of high-quality trucks to meet diverse transportation needs.

We have a dealer network spanning all districts of Hanoi, from Hoan Kiem, Ba Dinh, Dong Da to Long Bien, Ha Dong, etc.

Contact XE TẢI HÀ NỘI today for consultation and to own your ideal truck!

Similar Truck Products

XE TẢI HÀ NỘI also offers a variety of other truck brands, including:

  • Howo Trucks
  • Hyundai Trucks
  • Isuzu Trucks
  • Hino Trucks
  • Dongfeng Trucks

Conclusion

The Vietnamese automotive industry is thriving, thanks in no small part to the contributions of Vietnamese auto manufacturers.

We hope this article has provided you with an overview of the Vietnamese car market and useful information for choosing a car.

Feel free to leave a comment or share this article if you find it helpful!

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