Vietnamplus

Toyota Vietnam sold 4,415 passenger cars, including the luxury brand of Lexus, in April, topping the passenger car market, the joint venture reported.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 22,409 automobiles of all kinds in April, a month-on-month drop of 25%.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 43,816 vehicles of all kinds in May, up 3.4 percent from the previous month.

Vietnam’s automobile market recorded slight growth in 2021, data from manufacturers showed.

A 50 percent reduction in registration fees for domestically-assembled cars is forming part of a push to help the auto market grow in the next six months.

Vietnam’s imports of completely built-up (CBU) vehicles in the first seven months of 2021 posted a year-on-year surge of 111.2 percent in volume despite the complexities of COVID-19.

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.

Car sales reached 281,473 units during the January-June period, a year-on-year rise of 21 percent, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on July 9.

The automobile industry of Vietnam has witnessed progress in the last two years, but the localisation rate (local part supply) still remains low, not meeting the set target, according to a Ministry of Industry and Trade (MoIT) report sent to the National Assembly for discussion and direction.

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).

More than 23,000 automobiles were sold in the domestic market in May, up 9 percent against the previous month.

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).

The quantity and value of imported cars fell by 38 percent and 6 percent respectively in April from March.

Vietnam’s automobile sales in November revved up by 86 percent from the same period last year and 33 percent from October, amounting to 29,706 units, said Vietnam Automobile Manufacturers Association.