Sales of imported automobiles recorded a year-on-year leap of 234 percent to about 32,000 vehicles in the first quarter of this year, announced the Vietnam Automobile Manufacturer Association (VAMA) on April 10.
Automobile sales in February declined 61 percent from the previous month, the sharpest month-on-month fall ever.
The automobile exhibition Automechanika opened in Ho Chi Minh City’s Saigon Exhibition and Convention Centre on February 28.
Vietnam imported nearly 11,700 cars worth more than 273 million USD in the first month of 2019, marking the fifth consecutive month with a volume of at least 10,000 units, according to statistics from the General Department of Vietnam Customs.
The prices of imported automobiles in the Vietnamese market may not reduce as much as expected after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect on January 14, according to the Ministry of Industry and Trade.
Almost 28,900 cars were sold in Vietnam in October, up 21 percent from the previous month, according to the Vietnam Automobile Manufacturers Association (VAMA).
The sales of new vehicles in Thailand in 2018 are expected to hit one million units for the first time in five years, according to data from Toyota Motor Thailand.
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.
The Mekong Delta province of An Giang and the neighbouring Cambodian province of Kandal held a meeting on September 11 to review bilateral cooperation, noting positive outcomes in their relations in multiple spheres.
Russian auto manufacturer GAZ Group is planning to enter the Vietnamese market by setting up a joint venture for distribution and later by assembling autos in the country.
A total of 231 cars worth 10.2 million USD were imported to the Vietnamese market over the past week, reported the General Department of Customs.
The Vietnam Automobile Manufacturers Association (VAMA) reported on May 9 that up to 21,123 vehicles were sold in the domestic market in April.
The Greater Mekong Subregion (GMS) leaders have reaffirmed their commitment to the advancement of GMS Economic Cooperation Programme.
The Hanoi Department of Transport has asked the municipal People’s Committee to officially ban Uber and Grab cars on 11 inner-city streets after a trial month.
The Vietnam Automobile Manufacturers’ Association (VAMA) announced on January 10 that it sold 27,882 automobile units in December 2017, up 13 percent from the previous month.
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.
The Vietnam Automobile Manufacturers’ Association on October 10 reported that automobile sales in September drop 20 percent compared to the same period last year and 4 percent over the previous month.
Thanh Cong Group has officially signed a new joint venture with the Republic of Korea’s Hyundai Group to manufacture and distribute commercial vehicles in Vietnam.
