VAMA sales of cars drop 33 per cent in Q1
Members of Vietnam Automobile Manufacturers’ Association suffered a dramatic drop in sales of the first quarter of this year.
The association’s statistics also showed that automotive brands are facing very poor business conditions amid the COVID-19 pandemic.
To help automakers overcome their difficulties, the Ministry of Industry and Trade recently asked the Government to cut registration fees in half for domestically-assembled cars from this month until the end of this year./.
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