Vietnam's Automotive Assembly Industry: A Steady Rise
Vietnam's Automotive Assembly Industry: A Steady Rise

Vietnam’s Automotive Assembly Industry: A Steady Rise

08/02/2025
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Do you remember the iconic “con cóc” cars that filled Vietnam’s streets in the 90s? Today, the Vietnamese automotive industry has made remarkable strides, with the presence of numerous reputable car assembly companies. From the durable Dongfeng trucks rolling along Truong Chinh Street, Thaco buses filled with passengers on the Hanoi – Hai Phong route, to the modern VinFast cars carrying the ambition to reach the global stage, all contribute to the vibrant tapestry of Vietnam’s automotive market.

The Development Journey of Vietnam’s Automotive Assembly Industry

Initial Phase: “Con Cóc” Cars and Pioneering Efforts

Starting in the 80s, Vietnam’s automotive assembly industry emerged with the “con cóc” cars – a product of Vietnamese creativity and resourcefulness. This period marked the appearance of pioneering companies like Mekong Auto and Hoa Binh.

Vietnam's "Con Coc" CarsVietnam's "Con Coc" Cars

Development and Integration Phase: The Rise of Domestically Assembled Cars

Joining the WTO in 2007 marked a significant turning point for Vietnam’s automotive industry. Numerous major global automakers such as Toyota, Honda, and Ford chose Vietnam as an investment destination, building assembly plants and contributing to Vietnam becoming one of the most dynamic automotive industries in Southeast Asia.

Car Assembly Companies in Vietnam Today

Besides foreign giants, the domestic car assembly market has also witnessed the strong rise of local brands like VinFast, Thaco, and Truong Hai.

Here is a list of some prominent car assembly companies in Vietnam:

  • VinFast: Vietnam’s first car manufacturer, with ambitions to reach the global market with high-quality products and advanced technology.
  • Thaco: The market leader in commercial vehicles, with high-quality trucks and buses trusted by consumers.
  • Truong Hai: A company with a large market share in Vietnam, famous for Kia, Mazda, and Peugeot vehicles.
  • Toyota Vietnam: One of the first Japanese car manufacturers to invest in Vietnam, with popular models like Vios, Corolla Altis, and Innova.
  • Honda Vietnam: Known for car models such as City, Civic, and CR-V.
  • Ford Vietnam: Recognized for models like Ranger, Everest, and Explorer.

Price List of Assembled Cars in Vietnam (Reference)

Car Brand Car Model Price (Million VND)
VinFast Fadil From 424
Hyundai Grand i10 From 360
Kia Morning From 399
Toyota Vios From 478
Honda City From 529

Note: The price list is for reference only. Car prices may vary depending on the time, version, and distributor.

VinFast Fadil CarVinFast Fadil Car

Advantages of Domestically Assembled Cars

  • Competitive Price: Compared to completely built-up (CBU) imported cars, domestically assembled cars have more attractive prices, suitable for Vietnamese consumers’ budgets.
  • Favorable Support Policies: The Vietnamese government has many preferential policies to encourage people to buy domestically assembled cars, contributing to the development of the automotive industry.
  • readily available Spare Parts: Finding spare parts for domestically assembled cars is easier and more cost-effective than for imported cars.

Advice When Buying Assembled Cars in Vietnam

  • Choose a Reputable Car Brand: Choose reputable car brands with a long-standing history in the market.
  • Thoroughly Research Product Information: Consult detailed information about the car model you are interested in on the manufacturer’s official website and reputable automotive forums.
  • Test Drive the Car: Before deciding to buy a car, you should test drive it to experience the engine and performance firsthand.
  • Choose a Reputable Dealer: Buy cars from authorized dealers to enjoy the best warranty and after-sales service.

XE TẢI HÀ NỘI – A Reliable Address for Customers Seeking Quality Trucks

If you are looking for a quality truck at a reasonable price, come to XE TẢI HÀ NỘI. We are proud to be a reputable truck distributor, specializing in providing Dongfeng, Hyundai, and Hino trucks with various load capacities to suit your transportation needs.

Contact XE TẢI HÀ NỘI for advice and the best quotes:

Address: [Specific Address]

Hotline: [Phone Number]

Website: [Website Address]

Similar Products:

Besides trucks, XE TẢI HÀ NỘI also offers a variety of other commercial vehicles such as:

  • Dump trucks
  • Tractor trucks
  • Specialized vehicles

Dongfeng TruckDongfeng Truck

Conclusion

Vietnam’s automotive assembly industry is thriving, offering consumers a wide selection of quality cars at competitive prices. Hopefully, this article has provided you with useful information about car assembly companies in Vietnam.

Leave a comment or contact us if you have any questions!

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