Ministry supports 50% cut on auto registration fees Business

Ministry supports 50% cut on auto registration fees

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.
Vietnam Motor Show returns with larger scale Business

Vietnam Motor Show returns with larger scale

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).
Automobile sales down 42% on chip shortage Business

Automobile sales down 42% on chip shortage

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. ​
New policies being considered for electric cars Business

New policies being considered for electric cars

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.
Automobile sales enjoy growth at year’s end Business

Automobile sales enjoy growth at year’s end

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).
Vietnam's auto market posts solid growth Business

Vietnam's auto market posts solid growth

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.