Market

The Gumball 3000 2024 event, taking place in Vietnam on the 14th and 15th of September, is set to be a spectacular gathering of international supercars. Among the expected hundreds of exotic vehicles, there will be at least two Lamborghini Huracan Sterratos present—a rare sight and a missing piece in the collection of Vietnamese car enthusiasts.

The Bentley Continental GTC S V8, an exquisite automobile tailored for the Vietnamese market, boasts a sleek black exterior and an interior that is a testament to the country's cultural heritage. The design of the million-dollar convertible's interior draws inspiration from Vietnam's three largest cities and iconic landmarks, making it a true work of art.

The Lamborghini Aventador SVJ, a limited edition with only 900 models worldwide, has received a stunning red and white racing-inspired makeover by the DDE crew. This head-turning ride is set to make waves at the upcoming Gumball 3000 event in Vietnam this September.

A total of 463 units of the Toyota Veloz Cross and Avanza Premio are being recalled.

The Suzuki Ciaz will no longer be imported into Vietnam starting from May 2024 onwards. This abrupt halt in imports has left many car enthusiasts and potential buyers curious about the reasons behind this decision. With its sleek design and impressive features, the Suzuki Ciaz has captured the attention of many in the past. Now, its absence in the Vietnamese market sparks intrigue and raises questions about the future of this popular automobile model in the country.

This June presents a perfect opportunity for savvy shoppers to drive away a bargain with the Hyundai Venue. With an even more attractive price point than before, now is the time to pounce on this popular model.

According to experts, the government's policy to reduce registration fees will stimulate the domestic car market in the second half of 2024, but it is unlikely to return to pre-pandemic levels.

Electric vehicle sales are surging in Southeast Asia, with Chinese automaker BYD leading the charge and Vietnam's VinFast in second place, according to Counterpoint Research.

In June 2024, BMW is offering a generous 50% discount on the luxury SUV X5's registration fee.

To stimulate sales and clear inventory, select dealerships in the Southern region are offering an unprecedented deal: a 100% waiver on the registration fee for the Honda Civic.