Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 24,002 automobiles in June, up 26 percent compared to the previous month but down 13 percent year on year.
The Ministry of Finance has officially asked the Government to cut 50 percent of the registration fee for customers who buy locally-produced and assembled automobiles.
The sales of automobile surged 62 percent month-on-month in May following the end of social distancing measures, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Vietnam’s first domestic automaker, VinFast, announced on June 10 that it sold more than 2,160 vehicles during the month of May, with the hatchback Fadil its most popular model.
The Government’s decision to offer a zero-import tax rate on automobile components opens significant opportunities for the local industry to lower prices, enhance competitiveness and promote consumption.
Vingroup has announced it has completed the design and is preparing to introduce to the market two invasive ventilator models which adhere strictly to international standards while achieving a significantly high localisation rate in design and manufacture.
The five members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold 731,077 vehicles in the first quarter of 2020, down 3.03 percent year on year.
Vingroup announced on April 3 that it would produce ventilators and body thermometers to serve the domestic market amid the complicated developments of the COVID-19 pandemic.
The Formula One VinFast Vietnam Grand Prix 2020 will be put on hold due to the complicated developments of the COVID-19 outbreak, announced organisers on March 13.
The Hanoi Formula 1 (F1) race is expected to be a golden chance to help Vietnam affirms and promotes its image as a safe and attractive destination for both domestic and foreign tourists in the context of the COVID-19 epidemic.
The Viet Nam National Administration of Tourism and the Viet Nam Grand Prix have officially signed a cooperation agreement for the 2020-2025 period to promote Viet Nam tourism and Hanoi Formula 1 race to the world.
The Formula One VinFast Vietnam Grand Prix 2020 will still take place as scheduled on April 5 despite growing concerns over the novel coronavirus (COVID-19) outbreak, the Hanoi Department of Tourism announced on February 18.
The Formula 1 (F1) Vietnam Grand Prix 2020 will still take place on April 5 as scheduled despite growing concerns over the novel coronavirus (SARS-CoV-2) that causes the acute respiratory disease COVID-19, the Hanoi Tourism Department announced on February 18.
Nearly 400,000 cars were sold in the Vietnamese market in 2019 thanks to valuable gift and discount programmes, which were launched at the beginning of the year, said the Vietnam Automobile Manufacturers’ Association (VAMA).
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XIII National Congress of Communist Party of Vietnam
