Vama

According to VAMA, the domestic automobile market experienced impressive performance in December with the number of cars sold surging by 32 per cent month-on-month and 45 per cent year-on-year to 47,865 units as customers rushed to buy cars before the end of 2020 to enjoy the 50 per cent reduction in registration fees. … [Read more...] about Car sales in Viet Nam plunge 8% in 2020

According to VAMA, the domestic automobile market experienced impressive performance in December with the number of cars sold surging by 32 per cent month-on-month and 45 per cent year-on-year to 47,865 units as customers rushed to buy cars before the end of 2020 to enjoy the 50 per cent reduction in registration fees. … [Read more...] about Car sales in Vietnam plunge 8% in 2020

The increase in car sales in the final month of 2020 contributed to saving the total number of automobiles sold by VAMA members in 2020 from a deep fall amid the global coronavirus pandemic. Over 296,630 cars were delivered to customers last year, inching down 8% year-on-year. … [Read more...] about Local auto market heats up

Passenger cars accounted for 68 percent of the sales and the rest was made up of commercial and multi-purpose vehicles. Forty-two percent of the cars sold in May were imported. … [Read more...] about Vietnam auto sales stage May recovery

However, the Covid-19 outbreak in the central coastal city of Da Nang in July has led to a decline in sales. Since the beginning of August, car manufacturers and dealers have launched discounts for many car models, especially for imported cars that are not entitled to the 50 percent registration fee discount provided for domestically made cars. … [Read more...] about Vietnam auto market rolls out huge discounts