Ford Vietnam has announced record sales for the second consecutive month in November as it sold 4,506 vehicles, marking a month-on-month increase of 12% and a year-on-year rise of 42%.
Vietnam has been named among four key markets of Ford Motor Company together with Thailand, South Africa and Australia, serving as a driving force for the development of Ford Vietnam in the coming years.
The Ford Hai Duong expansion project’s first phase, which started in January last year, was completed on July 15, with 80 percent of the total investment in the project disbursed.
Ford Ranger pickup trucks are being locally assembled at its facility in the northern province of Hai Duong and will be available for delivery on July 15.
Car companies are offering new door-to-door services and digitised shopping experiences to boost consumption amid the latest outbreak of the COVID-19 pandemic in Vietnam.
Despite many challenges caused by COVID-19, the Ford Ranger model continues to be one among the best-selling pickups in the country with over 13,000 units sold in 2020.
Over 15,700 automobiles of various models were sold in Vietnam in January, down 52 percent monthly, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Ford Vietnam has announced an additional investment of 82 million USD (over 1.9 trillion VND) to expand its automobile factory in the northern province of Hai Duong.
Ford Vietnam will invest an additional 1.9 trillion VND (82 million USD) in expanding its automobile assembly and production factory in the northern province of Hai Duong.
Vietnamese automobile manufacturers and distributors had a banner month in May as the sales of car experienced a strong monthly growth of 30 percent following a line-up of promotions and discount programmes.
Despite difficulties in the first half of 2018, the domestic automobile market saw impressive growth compared to the previous year with nearly 290,000 vehicles sold during the year, an annual rise of 5.8 percent.
Professionals from Vietnam, France and Germany will share their experiences and insights about risky play through a seminar held in Hanoi on October 6.
Over 2,000 Honda cars from Thailand - the first batches of cars to enjoy zero percent import duty under the ASEAN Free Trade Agreement (AFTA) have been imported to Vietnam.
Ford Vietnam has reported that it has for the first time achieved double-digit market share in the country after increasing by one percentage point in 2017.
Ford Vietnam saw an increase in October retail sales from the previous month to nearly 2,300 vehicles amid a slowdown in industry sales as customers delay purchases ahead of the new tax policy slated for January.