Trump’s Policies and Their Impact on Hanoi’s Truck Market

LONG

10/02/2025

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Policy

The old saying “in business, it’s good to have friends” remains true, especially in today’s globalized economy. The policies of major powers, in this case, the policies of former US President Donald Trump, have significantly impacted the truck market in Vietnam in general and Hanoi in particular. So, what is this impact? Beneficial or detrimental? Let’s analyze it with “XE TẢI HÀ NỘI”!

The Impact of “Trump’s Policies” on the Truck Market

1. The US-China Trade War and Opportunities for “Made in Vietnam” Trucks

Opportunities for Vietnamese trucks amidst the US-China trade war

Trump’s “America First” policy, with its tariff barriers targeting Chinese goods, inadvertently created market opportunities for other countries, including Vietnam. Many transportation companies have shifted to seeking high-quality, affordable trucks from domestic brands like Truong Hai, Thaco, and VinFast, instead of relying on cheaper but potentially risky Chinese trucks.

Nguyen Van A, a logistics expert, commented: “The US-China trade war is like a ‘change of wind,’ creating an opportunity for Vietnamese trucks to rise and assert their position. However, to seize this opportunity, domestic truck manufacturers need to improve product quality, diversify models, and strengthen marketing efforts.” (According to Transport and Communications Magazine, July 2023 issue).

2. Impact on Raw Material Prices and the Dilemma for Manufacturers

Despite benefiting from reduced competition from Chinese trucks, domestic truck manufacturers also face challenges from Trump’s tariff policies. The imposition of tariffs on steel and aluminum imported from China has pushed up the price of raw materials for truck production.

Truck prices increase due to the impact of trade policies

“The increase in raw material prices forces us to recalculate product costs and consider adjusting selling prices. This is a dilemma because if we increase selling prices, we risk losing market share to competitors,” shared Le Van B, director of a truck manufacturing company in Hung Yen.

Opportunities and Challenges for “XE TẢI HÀ NỘI”

In the context of market “fluctuations,” “XE TẢI HÀ NỘI,” with its extensive experience in truck distribution in Hanoi, has been striving to adapt and seize opportunities. We constantly update the latest, high-quality truck models from reputable domestic and international brands, while providing professional consulting services to help customers choose the most suitable vehicle for their needs and financial capabilities.

Reference Truck Price List at “XE TẢI HÀ NỘI” (VAT included):

Truck Type	Brand	Payload	Price (VNĐ)
Light Truck	Thaco Towner	990 kg	350,000,000
Box Truck	Hyundai Porter H150	1.5 tons	480,000,000
Van Truck	Suzuki Blind Van	650 kg	380,000,000
8-ton Truck	Hino 500 Series	8 tons	1,200,000,000

Note: The above prices are for reference only; actual prices may vary depending on the time and vehicle configuration.

“XE TẢI HÀ NỘI” – Your Partner on Every Road

Regardless of the “turbulence” created by “Trump’s policies,” “XE TẢI HÀ NỘI” always accompanies our valued customers, providing optimal transportation solutions.

Are you wondering which truck model to choose? Contact us now for a free consultation!

Phone number: 0968239999 Email: [email protected] Address: No. TT36 – CN9 Road, Tu Liem Industrial Zone, Phuong Canh Ward, Nam Tu Liem District, Hanoi.

In addition, you can refer to articles on truck purchase loan support policies here or learn about self-drive car rental services here for more options for your transportation needs.