Insiders blame Ghost Month for car sales drop Business

Insiders blame Ghost Month for car sales drop

Car sales in Vietnam last August fell 17 percent from the previous month to 23,540 units, attributable to consumers’ unwillingness to do big business like car purchases in the “Ghost Month”.
Ghost month hampers real estate sales Business

Ghost month hampers real estate sales

The property market tends to stagnate in August, a normal thing for this time of the year as August coincides with the seventh lunar month, traditionally called the Ghost Month.
Cement consumption up year-on-year Business

Cement consumption up year-on-year

The total consumption of cement till September 2015 rose 3 percent against the same period of last year to 52.11 million tonnes, according to the Ministry of Construction.
August car sales drop 10 percent Business

August car sales drop 10 percent

Automobile sales in August dropped by 10 percent from the previous month to 18,236 units, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Business

Car sales in country continue to slide

Total car sales in Vietnam continued to crash last month, making it the 8th bad months in a row for the industry and seriously denting hopes of an imminent recovery.