Vietnam Motor Show 2021 cancelled Business

Vietnam Motor Show 2021 cancelled

Vietnam Motor Show 2021, the largest annual automobile and motorbike expo in the country, has been cancelled due to COVID-19 pandemic impacts, the organising board announced on October 13.
VinFast posts rise in auto sales in May Business

VinFast posts rise in auto sales in May

Despite the impact of the COVID-19 pandemic, Vietnamese auto-maker VinFast Trading and Production LLC still enjoyed a month-on-month increase of 5 percent in sales in May, to 2,855 vehicles.
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.
More than 1.1 billion USD spent on car imports in four months Business

More than 1.1 billion USD spent on car imports in four months

More than 1.1 billion USD was spent on importing 49,360 completely built-up (CBU) vehicles in the four months of 2021 in Vietnam, a surge of 55.2 percent in volume and 57.2 percent in value over the same period last year, the General Statistics Office (GSO) has reported.
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.
Car imports down in November Business

Car imports down in November

Car imports in November dropped 10.4 percent month on month to 12,237 units, according to initial statistics of the General Department of Vietnam Customs.
October auto sales top to pre-pandemic figures Business

October auto sales top to pre-pandemic figures

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, indicating consumption is recovering to pre-pandemic levels.
Auto market bounces back on registration fee cut Business

Auto market bounces back on registration fee cut

Customers have scrambled to buy automobiles before the end of 2020 to enjoy the 50 percent reduction in registration fees, making the auto market more robust as compared to the situation at the outset of the year.
September auto sales up 32 percent Business

September auto sales up 32 percent

Sales of automobiles in September increased 32 percent against the previous month to reach 27,252 units, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on October 10.
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).