Toyota Vietnam posts 23% growth in 8 months, hybrid sales double
Toyota Vietnam (TMV) delivered more than 41,000 vehicles in the first eight months of 2025, up 23% year-on-year.
The Yaris Cross retains its lead in sales with 1,012 units in August, further confirming the robust appeal of the urban SUV segment. Photo courtesy of Vietnam News Agency.
In August alone, TMV reported sales of 5,406 units (including Lexus). Toyota-branded vehicles accounted for 5,171 units, comprising 1,593 domestically assembled (CKD) units and 3,578 completely built-up (CBU) imports.
The results showed that despite a temporary slowdown in the market, Toyota has maintained its growth momentum thanks to a diverse product portfolio and strong appeal across multiple segments.
Notably, Hybrid models continued to record outstanding growth, with 708 units sold in the month, doubling the figure of the same month last year. This reflects the rising consumer shift towards fuel-efficient, low-emission, and environmentally friendly vehicles.
In the luxury segment, Lexus sustained its position with 235 units delivered, raising the total number of Lexus cars on Vietnam’s roads to 15,024 since its official debut.
Among core products, the Yaris Cross retained its lead in sales with 1,012 units, further confirming the robust appeal of the urban SUV segment
- Read More
Vietnam, Japan beef up agricultural cooperation, sign 10 MoU
The sixth Vietnam-Japan high-level agricultural cooperation dialogue convened in Tokyo on Thursday, with Acting Vietnamese Minister of Agriculture and Environment Tran Duc Thang and Japanese Minister of Agriculture, Forestry and Fisheries Koizumi Shinjiro charting a course for enhanced collaboration in agriculture, forestry, and fisheries.
Companies - Fri, September 5, 2025 | 2:34 pm GMT+7
Vietnam tops ASEAN in consumer sentiment: UOB report
Major ASEAN economies have continued to show resilience despite the uncertain macroeconomic environment, with Vietnam standing out as the most optimistic market in the region, according to a survey recently released by Singapore-based United Overseas Bank (UOB).
Economy - Fri, September 5, 2025 | 2:27 pm GMT+7
Petrovietnam, Brazil's FS seek cooperation in biofuel production
Le Xuan Huyen, deputy CEO of Petrovietnam, together with representatives from the state-owned group's member units, last week met with representatives of Brazil’s leading ethanol producer FS in Hanoi to discuss cooperation in biofuel production.
Companies - Fri, September 5, 2025 | 1:19 pm GMT+7
Vietnam's association for FDI investors vows support for Saudi Arabian businesses
The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) is ready to work alongside the Ministry of Finance to support Saudi Arabian businesses in exploring opportunities, accessing information, and implementing projects in Vietnam, said its chairman Dr. Nguyen Anh Tuan.
Companies - Fri, September 5, 2025 | 12:42 pm GMT+7
Vietnam makes 'notable progress' in meeting FTSE's market status upgrade criteria: HSBC
Vietnam has made notable progress in meeting the requirements of FTSE to have its stock market status upgraded from "frontier" to "secondary emerging", say HSBC analysts.
Finance - Fri, September 5, 2025 | 11:58 am GMT+7
Dragon Capital eyes investment in Vietnam developer Taseco Land
A group of foreign investors under Dragon Capital has registered to acquire nearly 42% of the shares in the upcoming private placement of Taseco Land, a unit of Vietnam’s Taseco Group.
Companies - Fri, September 5, 2025 | 8:28 am GMT+7
Lotte Shopping records 7% rise in H1 Vietnam department store revenue
Lotte Shopping Co., the retail property and hypermarket arm of South Korean chaebol Lotte, reported Vietnam as its most resilient overseas market in H1/2025, posting a 7% growth in earnings from its Lotte Mart stores and retail real estate projects.
Companies - Fri, September 5, 2025 | 7:43 am GMT+7
Major restructuring reported in Thailand’s banking system
Thai commercial banks are facing a new period of significant change, driven by both economic challenges and technological disruption.
Southeast Asia - Thu, September 4, 2025 | 11:40 pm GMT+7
Malaysia accelerates electric vehicle development
Malaysian automaker Proton launched its first electric vehicle assembly plant on Thursday, as the Southeast Asian nation looks to boost the development of its EV industry.
Southeast Asia - Thu, September 4, 2025 | 11:38 pm GMT+7
Singapore orders Meta to act against Facebook scams impersonating officials
Singaporean police will issue a directive to tech company Meta, which operates Facebook, to combat scams such as those involving impersonation of government officials, Singaporean Minister of State for Home Affairs Goh Pei Ming announced on Wednesday at an anti-scam event, according to local media.
Southeast Asia - Thu, September 4, 2025 | 11:36 pm GMT+7
Indonesia targets 5-5.2% economic growth in 2025
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto has outlined the government’s strategies to achieve the national economic growth target of 5-5.2%, starting in Q2/2025.
Southeast Asia - Thu, September 4, 2025 | 11:33 pm GMT+7
Vietnam's benchmark VN-Index approaches 1,700-point territory
VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), rose by nearly 15 points to 1,696 on Thursday, with steel stocks being a focus of attention.
Finance - Thu, September 4, 2025 | 10:23 pm GMT+7
Nvidia raises Vietnam entity’s capital 11-fold as part of local expansion
Nvidia has sharply raised the charter capital of its Vietnam arm, underscoring the U.S. chipmaker’s growing push into the Southeast Asian country.
Companies - Thu, September 4, 2025 | 5:30 pm GMT+7
FVG Group starts work on $28 mln resort complex in central Vietnam hub Danang
Vietnamese developer FVG Group on Wednesday broke ground on its VND750 billion ($28.43 million) Nam Hoi An Fivitel Hotel and Fivires Resort project as part of its strategy to develop high-end tourism infrastructure on the Hoi An-My Son-Dong Giang Heaven Gate heritage route in central Vietnam.
Real Estate - Thu, September 4, 2025 | 5:12 pm GMT+7
Vietnam's Politburo requests early implementation of Ninh Thuan nuclear power project
The Politburo, Vietnam's highest decision-making body, has requested early implementation of the Ninh Thuan 1 and 2 nuclear power projects and putting them into operation in the 2030-2035 period.
Energy - Thu, September 4, 2025 | 3:23 pm GMT+7
Vietnam's production rises for four straight months, new export orders continue to fall: S&P Global
Production continued to increase in the Vietnamese manufacturing sector during August, the fourth consecutive month, but at a slower pace amid a subdued demand environment, according to S&P Global.
Economy - Thu, September 4, 2025 | 8:23 am GMT+7
