Fee reduction bolsters domestic automobile market Business

Fee reduction bolsters domestic automobile market

After much anticipation, the Government has issued Decree No 70 on reducing registration fees on domestically-manufactured and assembled motor cars. With the resultant 50% cut in fees, car-owners will save tens of millions or even hundreds of millions of Vietnam dong if they buy a car this year.
Auto sales in 2019 picks up 12 percent Business

Auto sales in 2019 picks up 12 percent

Members of the Vietnam Auto Manufacturers’ Association (VAMA) reported a year-on-year sales surge of 12 percent in 2019, riding on hefty festive discounts and promotional programmes.
Customers to be centre of auto industry  Business

Customers to be centre of auto industry

Management agencies and businesses should consider customers the centre of the domestic auto industry to spur the sector’s growth in the context of international integration, experts have suggested.
Sales of locally-assembled cars down, imported cars sharply up Business

Sales of locally-assembled cars down, imported cars sharply up

The sale of domestically-assembled cars during January-July fell 14 percent year on year to some 107,000 units, while that of completely-built units (CBU) shot up 207 percent to over 73,900, the Vietnam Automobile Manufacturers’ Association (VAMA) said on August 12.