In 2020, after the first half of the year the market was quiet because of Covid-19, the remaining half of the year was much better after the Government decided to reduce registration fees by 50% for assembled vehicles.

8 months have passed, the market still shows no signs of recovery, especially when both Hanoi and Ho Chi Minh City are on long-term quarantine.

The dark market picture causes sales and product introduction plans of many companies to be disturbed.

Sonet launched in the Indian market.

Names that have appeared in 2021 such as Nissan Almera, Santa Fe, i10, assembled Ranger, Mazda CX-3 and CX-30 pair all create certain fluctuations and attraction in the market.

According to some Hyundai dealership sales staff, after the i10 and Santa Fe, TC Motor – the company that sells Hyundai cars – has another product, Kona, that is also in the upgrade plan.

Launched on the market in 2018, Kona has not had any significant upgrades to date.

To diversify the product range of urban high-clearance multi-purpose vehicles, Truong Hai will distribute Kia Sonet, a smaller car model than Seltos.

While the Sonet is still expected to launch later this year, the new Cerato and Sedona may be delayed due to component supply.

The B-size crossover segment in Vietnam is getting hotter when in addition to Sonet, Toyota will also bring imported Raize to compete.

Toyota Raize launched in the Indonesian market.

After many reschedules due to the impact of the Covid-19 epidemic, Volkswagen plans to launch Teramont – its flagship SUV model in Vietnam – in September. The car targets competitors in the E-size SUV segment such as the Ford Explorer.

Mitsubishi also has two lightly upgraded products introduced: Xpander and Triton Athlete sports version.

By the end of 2021, many new products will launch on the market.

Later this year, VinFast will deliver the first VF e34s to Vietnamese customers.

Image of VF e34 running on the road.

For Ford, the Territory model will not be launched at the end of the year and there are no plans for this model in the near future.

Honda has not revealed its plans to launch the new Civic even though this model has appeared in Vietnam.