Imported cars to Vietnam drop sharply; CMC Technology Group fined.
Notable news: CMC Technology Group fined; Thaiholdings holds extraordinary meeting to discuss capital increase; Ho Chi Minh City hospitals ready to provide free health check-ups for residents; A series of clinics in Ho Chi Minh City found violating regulations…
Imported cars to Vietnam drop sharply
According to the latest preliminary data from the Customs Department, in April, the number of completely built-up (CBU) cars imported into Vietnam dropped sharply by 33.6% compared to the previous month, corresponding to a decrease of 8,396 vehicles.
Specifically, the country imported 16,580 CBU cars of all types, worth about 434 million USD. In the previous month, the number of imported cars reached nearly 25,000 units, valued at 579 million USD.
Cars imported from Indonesia dropped by 67%, down to 3,768 units; cars from Thailand decreased by 13%, down to 4,827 units. Cars from China reached 6,856 units, almost unchanged from the previous month.
The passenger car segment with under 9 seats saw the deepest decline, down to 9,974 vehicles, a drop of over 40% compared to the previous month. Among these, cars from Indonesia fell by 67.5%; conversely, cars from China nearly tripled.
In the truck segment, imports reached 3,262 units, down nearly 28%. Trucks from China continued to dominate with over 2,600 units.
Apart from CBU cars, the import value of automotive parts and components in April also decreased by 13%, down to 607 million USD. China remains the largest supplier of components to Vietnam.
In the first four months of the year, the number of imported CBU cars reached 72,290 units, an increase of 11.2% compared to the same period last year. The total import value of CBU cars and automotive parts reached about 4.22 billion USD, up 36% compared to the same period in 2025.
Illustrative chart
CMC Technology Group fined
The State Securities Commission has just issued a decision to impose administrative penalties in the securities sector on CMC Technology Group Joint Stock Company.
Accordingly, this technology group was fined a total of 222.5 million VND.
The company disclosed information not within the required timeframe on the State Securities Commission’s system and on the HoSE electronic information page regarding the holding of the 2024 annual general meeting of shareholders and the 2023 annual report.
CMC also failed to report to the annual general meeting of shareholders regarding the repurchase of 18,100 shares from employees on September 22, 2023, 41,800 shares from employees on September 6, 2024, and 38,800 shares from employees on March 6,
Ho Chi Minh City
Ho Chi Minh City, formerly known as Saigon, is Vietnam’s largest city and economic hub. Its history dates back to its founding as a Khmer settlement before becoming a major center under French colonial rule and later the capital of South Vietnam during the Vietnam War. After the war ended in 1975, the city was renamed Ho Chi Minh City, and today it blends historic landmarks like the Notre-Dame Cathedral with modern skyscrapers and vibrant markets.
Vietnam
Vietnam is a Southeast Asian country known for its rich history, diverse culture, and stunning landscapes, from the terraced rice fields of Sapa to the limestone karsts of Ha Long Bay. Its history includes over a thousand years of Chinese rule, followed by periods of independence, French colonization, and the Vietnam War, which ended in 1975 with the country’s reunification. Today, Vietnam is a rapidly developing nation that blends ancient traditions with modern influences.
Indonesia
Indonesia is a vast Southeast Asian archipelago nation comprising over 17,000 islands, with a rich history shaped by ancient Hindu-Buddhist kingdoms, Islamic sultanates, and European colonialism. Its cultural heritage is incredibly diverse, featuring landmarks like the Borobudur and Prambanan temples, which date back to the 9th century. Today, Indonesia is known for its vibrant traditions, including batik textiles, wayang puppetry, and the unique Balinese Hindu culture.
Thailand
Thailand, officially known as the Kingdom of Thailand, is a Southeast Asian country with a rich history that dates back to the ancient kingdoms of Sukhothai and Ayutthaya. It is the only nation in the region that was never colonized by European powers, a fact that deeply shapes its national identity and culture. Today, Thailand is renowned for its vibrant temples, tropical beaches, and unique blend of traditional and modern influences.
China
China is one of the world’s oldest civilizations, with a recorded history spanning over 3,500 years, beginning with dynastic rule and the unification under the Qin Dynasty in 221 BCE. It is home to iconic cultural sites such as the Great Wall, the Forbidden City, and the Terracotta Army, reflecting its rich imperial past. Today, China blends its ancient heritage with rapid modernization, making it a unique destination for exploring both historical traditions and contemporary innovation.
HoSE
HoSE is the common abbreviation for the Ho Chi Minh City Stock Exchange, the main stock exchange in Vietnam, located in Ho Chi Minh City. Established in 2000, it originally operated as the Ho Chi Minh City Securities Trading Centre before officially becoming the Ho Chi Minh Stock Exchange in 2007. It serves as a key financial hub for the country, facilitating the trading of stocks, bonds, and other securities.
CMC Technology Group
CMC Technology Group is a leading Vietnamese telecommunications and information technology corporation, founded in 1993. Originally established as a computer distribution company, it has since evolved into a major provider of IT services, digital solutions, and infrastructure, playing a key role in Vietnam’s technology sector. The company is known for its contributions to digital transformation and its headquarters in Hanoi.
State Securities Commission
The State Securities Commission (SSC) of Vietnam is the government agency responsible for regulating and supervising the country’s securities market. Established in 1996 under the Ministry of Finance, it oversees stock exchanges, securities companies, and public offerings to ensure market transparency and investor protection. The SSC plays a key role in developing Vietnam’s capital market, which has grown significantly since the launch of the Ho Chi Minh Stock Exchange in 2000.
