VietNamNet Bridge – It is predictable that Vietnam would have 50 automobile manufacturers in the near future, both 100% Vietnamese owned and foreign invested enterprises.

A lot of automobile manufacturers have exposed their plans to place up production chains in Vietnam, ignoring the warning by experts that Vietnam's market was still extremely small, while there were too many manufacturers here already.

According to the Ministry of Industry (MoI), there are 34 domestic owned automobile enterprises capitalized at VND2tril ($0.12bil), and 11 foreign invested enterprises which have invested $1bil in manufacture lines in Vietnam.