Auto sales down 15 pct. in May: VAMA Business

Auto sales down 15 pct. in May: VAMA

The Vietnam Automobile Manufacturers’ Association (VAMA) has reported that its members posted a 15 percent month-on-month decline in automobile sales in May to 25,585 units, due to the impact of COVID-19 and a shortage of semi-conductor chips for the industry.
Automobile sales up 36 percent in Q1 Business

Automobile sales up 36 percent in Q1

The Vietnam Automobile Manufacturers’ Association (VAMA) announced on April 13 that its members sold a total of 70,952 vehicles in the first quarter of 2021, a year-on-year surge of 36 percent.
Automobile sales drop 22 percent in February Business

Automobile sales drop 22 percent in February

A long Lunar New Year holidays, the ending of registration fee cut and impacts from COVID-19 pandemic are major reasons behind a strong fall of automobile sales in February, according to insiders.
VinFast plans electric car plant in US Business

VinFast plans electric car plant in US

VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, plans to set up an automobile plant in the US after establishing a 50-member R&D office in San Francisco in preparation for California automobile sales in 2022, Bloomberg reported.
Automobile sales surge in October Business

Automobile sales surge in October

Sales of automobiles by members of the Vietnam Automobile Manufacturers’ Association (VAMA) in October surged 22 percent against the previous month to reach 33,254 units.
Auto sales fall 14 percent in August Business

Auto sales fall 14 percent in August

Automobile sales in August were down 14 percent against July, to 20,655 units, despite the introduction of a range of promotional programmes, according to the Vietnam Automobile Manufacturers’ Association (VAMA).