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In a recent development, Stanislav Semenov, the owner of Dubai-based quantitative trading firm Eqvilent, has made headlines with his purchase of a luxurious car from China: the Hongqi Guoli. The Hongqi Guoli is a vintage-style limousine often associated with dignitaries and high-ranking officials. It was first introduced in China back in June 2024. Semenov has been a frequent attendee at Hongqi events in both China and Dubai, which sparked his special interest in this domestic brand positioned in the ultra-luxury segment. The Hongqi Guoli that he ordered features a unique two-tone color scheme: an exterior combination of emerald green and moonlight white, while the interior is finished in a contrasting dark green and white, creating a distinct personalized touch. Hongqi Guoli impresses with its massive vertical waterfall grille at the front, complemented by round headlights. According to the brand, this design symbolizes the harmony between heaven and earth, while also convey...

As Vietnam’s major cities tighten restrictions on private vehicle use to alleviate congestion and pollution, the demand for flexible, cost-effective, and environmentally friendly public transportation is on the rise. Mini-bus lines like the Gazelle CITY and Gazelle CITILINE, accommodating 20-26 passengers, are becoming the go-to choice for many transport companies in modern urban and tourism contexts. Gazelle CITY and Gazelle CITILINE are attractive options for tourism and transport businesses due to their unique design catering to modern travel needs. Urban Transportation Trends Favor Small Buses According to Vietnam’s Ministry of Transport, the country aims to restrict private vehicles in urban centers such as Hanoi and Ho Chi Minh City by 2030 to reduce congestion and environmental pollution. Concurrently, there are high expectations for a significant increase in public transport usage—an inevitable trend towards smart and sustainable urban development. In 2024, public trans...

According to a report by the General Department of Vietnam Customs, in the first half of May, the country imported a total of 9,324 completely built-up (CBU) automobiles, with a total value of nearly 215 million USD . The group of automobiles with 9 seats or fewer still accounted for the majority, with a total of 7,226 units cleared through customs from May 1st to May 15th. The total import value of this group was 132.8 million USD , equivalent to an average import value of 18,378 USD per car, or approximately 459 million VND per car. From the beginning of the year, Vietnam has completed the import of a total of 74,324 CBU automobiles of all kinds, with a total value of approximately 1.615 billion USD . Automobiles with fewer than 9 seats accounted for the highest proportion, with 57,349 units and a value of over 1.01 billion USD since the beginning of the year. As of the end of April, Thailand had returned to being the top provider of imported automobiles for Vietnamese cu...

The automotive industry, worth billions of dollars, is one of the sectors hardest hit by the tariffs. Photo: Reuters . On March 4, the US officially imposed a 25% tariff on goods from Canada and Mexico, while increasing the tariff from 10% to 20% on goods from China. In response to the US tariffs, China and Canada have taken retaliatory measures. Beijing quickly announced import tariffs of 10-15% on many US agricultural and food products. Meanwhile, Ottawa imposed a 25% tariff on $30 billion worth of US goods. The reciprocal tariff measures between the US, Canada, Mexico, and China have affected hundreds of billions of dollars’ worth of goods across various sectors. Automotive President Trump’s 25% tariff on goods from Canada and Mexico will significantly impact the automotive industry, affecting both manufacturers and consumers, due to the large volume of vehicles and parts imported into the US daily to serve the market. Most recently, White House Press Secretary Karo...

The Porsche 911 has received its latest update, known as the 992.2, and several of these cars have already hit the roads in Vietnam. One particular eye-catching example sports a sleek gray exterior and the impressive license plate number 30M-279.79. This lucky number plate, with the number 2 at the beginning, is believed to bring good fortune to its owner. The license plate 30M-279.79 was auctioned off twice, with the most recent bid reaching an impressive 510 million VND in December last year. This means that the owner of this Porsche 911 has invested over half a billion VND in the license plate alone, indicating that they have also opted for a range of luxurious upgrades for their vehicle. The latest Porsche 911 sports a license plate worth over half a billion VND in Hanoi Compared to its predecessor, the 992.1, Porsche has refined the 911’s exterior design with carefully selected details, most of which aim to enhance the car’s aerodynamics and overall performance. The standard...

The all-new Nissan Patrol, known as the Armada in the US market, was introduced in September 2024, and has now been joined by a high-performance Nismo variant. This new version offers more power, refined handling, a sportier suspension, and an emotionally-charged exhaust note. The Nissan Patrol, rumored to be launched in Vietnam this year, will reportedly include the high-performance Nismo variant. Specifically, the new Nissan Patrol Nismo is equipped with a 3.5L twin-turbocharged V6 gasoline engine, producing a maximum output of 460 horsepower. This represents a 35 horsepower increase over the standard model. Although Nissan has not released torque figures, it is expected to remain at 700 Nm. Nissan attributes the power boost in the Patrol Nismo to engine control software tweaks and valve timing adjustments. The revised exhaust system ensures a more audible engine note. Additionally, the Active Sound Enhancement system in the cabin enhances the engine’s sound, making it more eng...