On June 28, Chinese automaker Great Wall Motor introduced its plans to formally enter the Vietnamese market in August. The first mannequin to be launched in Vietnam would be the Haval H6 HEV (Hybrid Electric Vehicle). GWM will initially export totally assembled automobiles to Vietnam from its manufacturing facility in Rayong, Thailand. However, the corporate plans to set up a brand new vitality automobile meeting plant in Vietnam by 2025. With roughly 500,000 models of automotive gross sales in 2022, Vietnam ranks because the fourth-largest automobile market in the ASEAN area, following Indonesia, Thailand, and Malaysia. GWM has already established its presence in six ASEAN nations: Thailand, Malaysia, Laos, Brunei, the Philippines, and Cambodia. In the second half of 2023, the corporate plans to step by step enter the Vietnamese, Singaporean, and Indonesian markets. [Caixin, in Chinese]
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