The Vietnam Motor Show 2018 opened at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on October 24, featuring nearly 120 automobile models in all segments.
Vietnam Motor Show 2018 will take place at the Saigon Exhibition and Convention Centre in Ho Chi Minh City from October 24-28, displaying about 120 models.
Automobile sales in September surged by 24 percent from the previous month to reach 25,351 units, the Vietnam Automobile Manufacturers’ Association (VAVA) reported on October 9.
Fifteen renowned brands will present displays at the Vietnam Motor Show 2018, the largest national event of its kind, as heard at a press conference about the event held in Hanoi on August 20.
Automobile sales in the two first quarters of 2018 went down 6 percent compared to the same period last year to reach 125,659 units, the Vietnam Automobile Manufacturers’ Association (VAVA) reported on July 10.
A total of 23,065 automobiles were sold in the domestic market in May, up 9 percent against the previous month, reported the Vietnam Automobile Manufacturers’ Association (VAMA).
Car sales in January 2018 dropped 7 percent from December 2017 but rose by 28 percent from the same period last year to 26,037 units, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
The quality of E5 bio fuel in Vietnam is ensured and meets international standards. All features, capacity and fuel consumption remain the same, and in some criteria E5 is better than RON 92, officials said.
Toyota Vietnam is one of the first firms to ask the Ministry of Industry and Trade to issue business certificates in accordance with new government Decree No 116/2017/ND-CP.
There is anticipation that automobile prices in Vietnam will decrease by 10-15 percent in the case of older models and 5-10 percent in the case of new models as automobile import tariffs are cut.
Vietnamese businesses spent some 200 million USD importing 7,000 completely built-up units (CBUs) in November, according to an estimate of the General Statistics Office (GSO).
With a continuous year-on-year decline in sales this year, the domestic auto industry is unlikely to achieve the 10 percent growth predicted by the Vietnam Automobile Manufacturers’ Association.