The mid-cycle refresh of the Territory features subtle design changes, retains the 1.5 turbocharged engine, and has a top price of 896 million VND.

Ford's first all-electric SUV enters the Vietnamese market, offering an all-wheel-drive version with a 550 km range.

The American automaker will cease production of the Escape, as well as the Lincoln Corsair, by the end of this year.

Giants like Ford, General Motors, and Stellantis see greater profit potential in larger, fuel-consuming vehicles.

The mid-cycle refresh for the Territory will launch on 15/8, featuring subtle exterior design changes while retaining the 1.5-liter turbocharged engine.

VEAM, an enterprise 88% owned by the Vietnamese government, received 6,111 billion VND in dividends and profit sharing from Honda Vietnam and Ford Vietnam in the first six months of the year.

The high-performance Ford Mustang Mach-E GT coupe is slated for release in mid-August, imported from the US.