Rolls-Royce Motor Cars has chosen Hanoi as the location for its first authorized dealer in Vietnam, with the dealership announced in the capital on Wednesday.
The luxury car manufacturer has chosen Regal Motor Cars as its first official dealer partner in Vietnam, and the 22nd in the Asia-Pacific region, excluding China.
Vietnam holds great potential for the brand, as the country's economy has grown in recent years and created many successful entrepreneurs, Herfried Hasenoehrl, Rolls-Royce Motor Cars General Manager for Emerging Markets — Asia, said at the announcement ceremony.
The company expects at least double digit growth in the next three years in Vietnam, said Doan Hieu Trung, Chief Operations Officer for Rolls-Royce Motor Cars Hanoi.
Earlier this month, Rolls-Royce Motor Cars opened a new showroom in St. Petersburg, marking “an important milestone in the sustained development of Rolls-Royce in Russia,” company CEO Torsten Muller-Otvos said in a statement.
Based at the Goodwood plant in West Sussex, England, Rolls-Royce Motor Cars is a wholly owned subsidiary of German automaker BMW.
Last year, Rolls-Royce celebrated a third consecutive record year as 3,575 cars were delivered to customers across the world, marking the highest annual sales in the brand’s 109-year history.
Russia continues to be the best selling market in continental Europe.
Nineteen of the 107 global dealerships are located in Europe, including the new St. Petersburg showroom.
More Rolls-Royce sedans have been imported to Vietnam in recent years.
Some 80 vehicles from the two luxury sedan megabrands Rolls-Roye and Maybach have arrived in the country, according to figures authorized importers released in 2012.