Keyword: "Vietnam Automobile Manufacturers Association"

29 Result

Domestic automobile market experiences hard year

Domestic automobile market experiences hard year

The domestic automobile market has faced both opportunities and challenges in the year 2023. Car experts believe that 2023 is a crucial year for Vietnam to establish itself as an emerging market in the auto industry, with hopes of achieving this status in 2024.
Vietnam car market still sees sluggish sales as Tet nears

Vietnam car market still sees sluggish sales as Tet nears

The domestic auto market in Vietnam is experiencing a decline in car sales due to sluggish customer demand compared to previous years, despite price reductions and promotions offered by car manufacturers during the peak shopping season, according to local car experts.
Automobile imports down in May

Automobile imports down in May

Vietnam spent nearly 270 million USD on importing 10,000 completely-built automobiles (CBUs) in May, a decrease of 6.3% from a year earlier.
Ministry supports 50% cut on auto registration fees

Ministry supports 50% cut on auto registration fees

The Ministry of Industry and Trade (MoIT) said that it is necessary to devise a 50% cut on auto registration fees and extend the payment of the excise tax on locally-assembled and manufactured cars to stimulate consumer demand and ease the burden on businesses.
COVID-19 affects Vietnam’s automotive industry

COVID-19 affects Vietnam’s automotive industry

The spread of the COVID-19 pandemic in almost all countries and territories worldwide is likely to force automobile manufacturing and assembly firms in Vietnam to scale down operations and even close their factories.
Imported cars boost auto sales in October

Imported cars boost auto sales in October

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).