VinFast posts rise in auto sales in May

Despite the impact of the COVID-19 pandemic, Vietnamese auto-maker VinFast Trading and Production LLC still enjoyed a month-on-month increase of 5 percent in sales in May, to 2,855 vehicles.
VinFast posts rise in auto sales in May ảnh 1A Vinfast model (Photo: Vinfast)
Hanoi (VNA) - Despite the impact of the COVID-19pandemic, Vietnamese auto-maker VinFast Trading and Production LLC stillenjoyed a month-on-month increase of 5 percent in sales in May, to 2,855 vehicles.

As a subsidiary of Vietnamese conglomerate Vingroup, it sold1,868 Fadil, 457 Lux A2.0, and 530 Lux SA2.0 models.

It has sold some 12,421 of the three models since thebeginning of the year.

In response to COVID-19, it has introduced homeservices throughout its entire network by publishing specific information for customerson its website and social media and sending staff out to customers’ houses to provideconsultation or offer test drives.

VinFast has also provided incentives to customersbuying motor cars, offering instalment payment programmes through its website, https://shop.vinfastauto.com/vi/tcb.html.Customers can now have their request approved online instead of applying at banks.

It has also launched special customer service policies,including a five-year or 165,000-km guarantee on Lux models and free call-out mechanicservices throughout the guarantee period, or free car parking for six hours at Vincomand Vinhomes properties around the country.

The Vietnam Automobile Manufacturers’ Association(VAMA), meanwhile, reported that its members recorded a 15 percentmonth-on-month decline in automobile sales in May, to 15,585 units./.


VNA

See more

As of the end of March, nearly two million households and individual business owners nationwide were still paying taxes under the lump-sum method. (Photo: VNA)

Abolishing presumptive tax ensures greater fairness and transparency: experts

Under the Politburo's Resolution 68-NQ/TW, the presumptive tax model is to be completely phased out by 2026. The goal is to narrow the financial and accounting gap between household businesses and micro or small enterprises, and to gradually transition household businesses into entities with proper governance structures.

The 2025 Vietnam International Electronics and Smart Appliances Expo (IEAE) will be held in HCM City from May 29 to 31. (Illustrative photo: ieae.com.vn)

HCM City to host int'l electronics, smart appliances expo

Spanning over 10,000 s.q.m, the exhibition will gather more than 350 enterprises from Vietnam and China. It will showcase a wide range of products across the consumer electronics and smart home appliance sectors, offering direct access to manufacturers and promoting trade links.

A wide range of Chinese products are on display at the China Homelife Vietnam 2025 being held at the Saigon Exhibition and Convention Centre from May 14 to 16. (Photo: VNA)

China Homelife exhibition opens in HCM City

A highlight of the event is the VIP Buyer Programme, tailored exclusively for strategic buyers and senior executives, which offers priority access to exhibitors, personalised matchmaking services, private meeting spaces, and premium networking areas.

Visitors at the exhibition (Photo: VNA)

Nearly 900 enterprises join Vietbuild Da Nang 2025

Running from May 14 to 18, Vietbuild Da Nang 2025 serves as a platform to showcase new products, cutting-edge technologies, and international brands in the construction, building materials, real estate, and décor industries.

Delegates at the opening ceremony of the Top Thai Brands 2025 on May 14 in HCM City. (Photo: VNA)

Thailand showcases top brands at HCM City trade fair

The event is expects to welcome some 60,000 visitors during the course of four days. It features sectors such as food and beverages, beauty and wellness, home appliances, fashion, car and motorbike parts, and tourism.

Illustrative image (Photo: Internet)

VinSpeed proposes 61.35 billion USD investment for North–South high-speed railway

VinSpeed commits to mobilising 20% of the total capital, equivalent to 12.27 billion USD. For the remaining 80%, excluding costs related to compensation, relocation support, and resettlement for land clearance, the company proposed borrowing from the state budget, through zero-interest loans, repayable over a 35-year period from the disbursement date.

Vietnamese Ambassador to the UK Do Minh Hung (L) address the roundtable discussion. (Photo: VNA)

Vietnam, UK boost agricultural trade ties

The UK, with an annual agri-food import value of 67 billion USD, is seen as a high-potential market. In 2024, Vietnam’s agri-export turnover to the UK reached nearly 883 million USD, a 15.4% year-on-year increase.