Keyword: "Vietnam Automobile Manufacturers’ Association"

Toyota Motor Vietnam reported total sales of 71,954 vehicles in 2025, up 8% year-on-year.

The Vietnam Automobile Manufacturers’ Association (VAMA) has reported that total auto sales of its members in the first 11 months of 2025 hit 328,669 vehicles, up 6.5% year-on-year.

According to the latest figures from the Department of Customs, Vietnam imported 16,343 cars in October. Although this represents a 5.5% drop from the previous month, total imports over the first ten months reached 171,364 units, up 20% year on year. Import turnover neared 4 billion USD, the highest level in the past three years.

Notably, the hybrid segment recorded the strongest growth, with 7,112 units sold, a 72% year-on-year increase. The figures reflect a shift in consumer preference towards more environmentally friendly vehicles.

Industry experts believe that with increased consumer demand and support policies from automakers, the domestic automobile market is forecast to further thrive in the second and third quarters of this year.

Auto sales by members of the Vietnam Automobile Manufacturers’ Association (VAMA) reached 36,585 units in September, a 45% increase over the previous month, following the implementation of a 50% reduction in registration fees for domestically manufactured and assembled vehicles.

The Vietnam Motor Show (VMS) is roaring back into Ho Chi Minh City this October, showcasing the latest advancements and offerings in the country's automotive and motorcycle industry.

The Vietnamese automobile market saw a remarkable breakthrough in its total sales in March, after several months of declines.

The Vietnamese automobile market witnessed a significant sales decline in the first month of 2024, yet businesses and experts forecast that the market may see a breakthrough in the second half of the year.

Vietnam spent 2.65 billion USD on importing 111,278 cars in the first 11 months of this year, down 26.6% in volume and 22% in value annually, reported the General Department of Vietnam Customs.

November was the second consecutive month that the auto market went sideways, reported the Vietnam Automobile Manufacturers’ Association (VAMA) on December 12.

After sales grew 13% in September, the car market in Vietnam was stagnant in October even when producers offered discounts and promotions to stimulate demand.

Despite poor results in the first quarter of 2023, auto stocks are still expected to perform well on supportive policies, including interest rate cuts and a 50% reduction in automobile registration fees.

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 23,040 automobiles of all kinds in February, a month-on-month rise of 33%.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 404,635 vehicles of all kinds last year, an annual rise of 33%.

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42% from May ending three consecutive months of gains. ​

The Vietnam Automobile Manufacturers’ Association (VAMA) said on July 13 that its members sold 25,159 vehicles in June, down 42% from the previous month.

Automaker VinFast announced its plan to open more than 50 stores in Europe at the 35th International Electric Vehicle Symposium and Exhibition (EVS35) in Norway on June 14.

Deputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to study policies to promote the development of the domestic automobile industry, in line with the growing global trend towards electric cars.