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Toyota Vietnam sold 4,415 passenger cars, including the luxury brand of Lexus, in April, topping the passenger car market, the joint venture reported.

The Ministry of Industry and Trade (MoIT) said that it is necessary to devise a 50% cut on auto registration fees and extend the payment of the excise tax on locally-assembled and manufactured cars to stimulate consumer demand and ease the burden on businesses.

Vietnamese firms spent over 903 million USD in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office (GSO).

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 23,040 automobiles of all kinds in February, a month-on-month rise of 33%.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 404,635 vehicles of all kinds last year, an annual rise of 33%.

After two years of absence due to the COVID-19 pandemic, the Vietnam Motor Show will return in October this year with a larger scale than previous years, affirmed the Vietnam Automobile Manufacturers’ Association (VAMA) and the Vehicles Importers Vietnam Association (VIVA).

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42% from May ending three consecutive months of gains. ​

The Vietnam Automobile Manufacturers’ Association (VAMA) said on July 13 that its members sold 25,159 vehicles in June, down 42% from the previous month.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 43,816 vehicles of all kinds in May, up 3.4 percent from the previous month.

Automaker VinFast announced its plan to open more than 50 stores in Europe at the 35th International Electric Vehicle Symposium and Exhibition (EVS35) in Norway on June 14.

Deputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to study policies to promote the development of the domestic automobile industry, in line with the growing global trend towards electric cars.

The Vietnam Motor Show (VMS), the largest of its kind in Vietnam, will return this October following two years of postponement due to the COVID-19 impact.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) will roll out various new models meeting the Euro 5 emissions standard, according to the association.

The Vietnam Automobile Manufacturers’ Association (VAMA) reported that its members suffered a decline in sales for the second consecutive month, with 22,802 cars sold units, or a 26-percent decrease, in February.

The Vietnamese automotive market is expected to rebound this year, returning to its growth track after sluggish sales in 2021, according to industry insiders.

Vietnam’s automobile market recorded slight growth in 2021, data from manufacturers showed.

Automobile sales in Vietnam posted a month-on-month increase of 30 percent and a year-on-year increase of 6 percent in November, announced the Vietnam Automobile Manufacturers’ Association (VAMA).

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that the total market sales of its member units reached 38,656 vehicles last month, a month-on-month increase of 30 percent, and a year-on-year increase of 6 percent.

All types of new cars in Vietnam must meet Euro 5 emission standards from January 1, 2022 under a decision issued by the Prime Minister, Vietnam Register said.

The domestic auto market is expected to grow further in the remaining months of this year after expanding up to 120 percent in October, experts have said.