Car prices in Vietnam far more expensive than elsewhere

In particular, car prices in Vietnam double those in Thailand and Indonesia. The total capacity of all car assembling factories in Vietnam reached some 755,000 units last year. The Ministry of Industry and Trade assessed that the domestic auto assembling and manufacturing sector has yet to meet the requirements. Meanwhile, other regional countries, such as Thailand and Indonesia, have had policies to attract large investment projects, putting pressure on Vietnam’s auto sector. Meanwhile, other regional countries, such as Thailand and Indonesia, have had policies to attract large investment projects, putting pressure on Vietnam’s auto sector.