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17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
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Retail Asia26/05/2023

Vietnamese electric vehicle (EV) maker VinFast said it is recalling all of the first batch of vehicles it shipped to the United States last year following a safety warning issued by U.S. authorities. The move came after the U.S. National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s VF 8 vehicles suffered a software […]

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Retail Asia25/05/2023

Indian car rental platform ZoomCar has quit the Vietnamese market after operating for over a year, citing difficulties and further challenges ahead. Addressing car owners in an announcement Tuesday afternoon, it promised, however to fulfill all obligations to them and customers. Technicians will schedule with the owners to collect the equipment installed on their vehicles. […]

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Retail Asia23/05/2023

Gasoline and diesel prices on Monday gained for the first time since April 11. The popular gasoline RON95 went up 2.33% to VND21,490 per liter. Biofuel E5 RON92 rose 1.74% to VND20,480. Diesel increased by 1.70% to VND17,950. Fuel prices globally have been rising by 0.73-3% in the last 10 days due to a production […]

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Retail Asia15/05/2023

Tesla has recently announced that it is cancelling the production of right-hand drive Model S and Model X vehicles, citing low demand in certain regions. This move surprises many customers who have been waiting for their orders to be fulfilled. According to the company, customers who have already placed orders for the right-hand drive Model […]

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Retail Asia15/05/2023

Mercedes has been dominating Vietnam’s luxury car market in recent years, but that could start to change this year as BMW lowers prices. “We have always considered BMW a major competitor in most markets globally, but things are different in Vietnam,” said CEO Brad Kelly on the sidelines of the launch of the new Mercedes […]

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Retail Asia05/05/2023

A slump in auto sales last quarter pushed Vietnam from fourth to fifth place in Southeast Asia. Vietnam has for years been the fourth largest auto market in the region after Indonesia, Thailand and Malaysia, but suffered a 25% drop in sales in the first three months this year. Only 86,817 units were sold, according […]

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Retail Asia28/04/2023

Mercedes distributor Haxaco reported a 92% year-on-year fall in pre-tax profits in the first quarter to VND5.6 billion ($238,750). Amid an industry-wide decline in sales, Haxaco’s revenues plummeted by 40% to VND992 billion. High-interest rates and the difficult economic situation caused sales of the luxury brand to drop, the company said in a statement. Its […]

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Retail Asia25/04/2023

BMW introduced the smartphone as a digital vehicle key in 2018 and since then the company has been pressing ahead with the development and popularisation of its BMW Digital Key feature. The feature was made available to iPhone users in January 2021, and BMW has now added the same feature to Samsung & Google Android […]

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Retail Asia24/04/2023

Mercedes has dominated Vietnam’s luxury car market for the last four years as Lexus, Volvo and other trailing brands tussle behind. Auto registration data showed that between 2019 and 2022, Mercedes secured and average of around 60% of Vietnam’s total luxury car market share. The German brand sold 7,925 cars in the Southeast Asian nation last […]

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Retail Asia22/04/2023

Toyota’s Raize and Corolla Cross now account for 40% of the compact CUV segment, with the rest divided between Kia, Mazda, Honda, and Hyundai. In the last two years the competition in the urban compact CUV segment has been hot, persuading car companies to bring in new products. The race in this segment is mainly […]

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Retail Asia20/04/2023

The owner of a Macan SUV claims that Porsche employees broke his VND600 million ($25,500) gearbox during maintenance, but the automaker denies the accusation. In early December, Ho Chi Minh City resident Pham Anh Tan in Ho Chi Minh City brought his 2016 Macan to Porsche Sai Gon for a front bumper replacement after the […]

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Retail Asia17/04/2023

VinFast, a member of Vietnamese private conglomerate Vingroup on April 15 announced that it would export 1,800 VF 8 electric cars to the U.S. and Canada. The cars is expected to depart in the next few days, announced VinFast. As planned, the cars will be sold in the U.S. in May and in Canada in […]

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Retail Asia11/04/2023

Thanh Cong Group (TC Group) on April 11 announced its sales results for March with over 5,770 Hyundai automobiles sold in Vietnam last month, up 5.5% over February. Hyundai Accent continues to be the best-seller model in March with 1,355 units delivered to customers, followed by Hyundai Creta with 1,035 units – equal to the […]

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Retail Asia05/04/2023

Waze is launching two new features at the same time this month, which is a little bit unusual for the navigation app. I know everyone is used to getting a new driving experience almost every month, this time around Waze is bringing more than just a fun way to spend your time while driving. The […]

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Retail Asia04/04/2023

Vietnamese firms spent over $903 million in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office (GSO). The cumulative import turnover of CBU cars in Q1 2023 increased by 76% in volume and 60.8% in value compared to the same period last year. In March, 15,000 cars […]

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Retail Asia26/03/2023

Vietnamese carmaker VinFast said on Thursday it will begin delivering its new electric sport utility vehicles (SUVs) to local customers this week and targets overseas deliveries in the coming months. VinFast, which began operations in 2019, is gearing up to expand in the United States, where it hopes to compete with legacy automakers with its […]

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Retail Asia20/03/2023

All 12 members of the Vehicles Importers Vietnam Association (VIVA) have asked the Government to reduce the registration fee on imported cars by 50% to spur demand. VIVA proposed in the context of a sharp drop in sales and gloomy market forecasts. According to the association, car importers need help to cope with high inventories […]

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Retail Asia17/03/2023

Only 30-40% of Vietnamese car buyers resort to bank loans compared to some 80% in developed countries. The rates vary by geographical region, with automobile firms saying more customers in the south borrow than in the north. Vinh Nam, sales manager of Vietnam Star, a Mercedes dealer in Binh Duong Province, said generally southerners are […]

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Retail Asia10/03/2023

The Government has asked the finance and industry ministries to consider reducing car registration fee and extend the payment schedule for special consumption taxes on domestically assembled vehicles. The ministries will submit a report on the two newly proposed policies to the Prime Minister before March 20. The request was made as automakers are warning […]

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Retail Asia09/03/2023

Mercedes Vietnam announced it would recall 492 ML and GLE cars sold in Vietnam beginning March 15 to fix inconsistent design features and repair errors in the spare wheel compartment. The affected SUVs were manufactured and imported between February 2012 and October 2019. German luxury vehicle company Mercedes recalls ML and GLE SUVs in many […]

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