Vietnam's 2025 auto market approaches Thailand's VnExpress For the first time in decades, Vietnam's market sales exceeded 600,000 vehicles, nearly matching Thailand's 621,166 units.
Gradual increase in special consumption tax for pickup trucks from 2026 VnExpress Starting at 15-25% in 2026, the special consumption tax (SCT) for models like the Hilux, Ranger, and Triton will increase by 3% annually until 2029.
Europeans embrace high-riding vehicles despite past ridicule VnExpress Small cars have long dominated European roads, but high-riding vehicles saw a surge in popularity last year, capturing 59% of the market.