Overview of the automotive market in Vietnam

Overview of the automotive market in Vietnam

According to data from the Industry and Trade Information Center (Ministry of Industry and Trade), despite many difficulties caused by the Covid-19 epidemic, the Vietnamese auto market still performed positively in 2021 and in the first months of 2022 with total sales increasing by 36% compared to last year.

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Challenges of automotive new revolution

Challenges of automotive new revolution

The automotive sector is changing profoundly. Dramatic changes are taking place in emerging markets, technology and consumer preferences around ownership, sustainability policies and other factors that are leading to the creation of new business models and disrupting industries as a whole. These forces are giving rise to four disruptive technology-driven trends in the automotive sector: diverse mobility, autonomous driving, electrification, and connectivity.

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