Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 24,002 automobiles in June, up 26 percent compared to the previous month but down 13 percent year on year.
Hanoi (VNA) – Members of the VietnamAutomobile Manufacturers’ Association (VAMA) sold 24,002 automobiles inJune, up 26 percent compared to the previous month but down 13 percent year on year.
According to the association, the highest rise was seen insales of passenger cars at 35 percent to 17,584 units, followed by special-usecars with 18 percent to 309 units, and commercial cars at 5 percent to 6,109units.
VAMA commented that the increase manifested signs ofrecovery of the automobile market after COVID-19 pandemic.
In the month, 15,874 domestically–assembled automobiles weresold, up 43 percent, along with 8,155 imported units, a rise of 21 percent overthe previous month.
In the first six months of 2020, VAMA member companies sold107,183 automobiles of all kinds, down 31 percent year on year, with sharpestfall recorded in sales of special-use cars at 40 percent, while sales ofpassenger cars dropped by 32 percent and commercial cars 25 percent.
However, experts held that the figures do not show the wholemarket situation as they did not include sales of many brands that are notmembers of VAMA such as Audi, Jaguar Land Rover, Mercedes-Benz, Subaru,Volkswagen, Volvo and TC Motor.
In June, TC Motor sold 5,613 automobiles, while VinFast alsosold 2,170 units.
Experts also predicted that the reduction of 50 percent of registrationtax for domestically-assembled automobiles and promotion programmes in the comingmonths, the automobile market will further expand./.
The Ministry of Finance has officially asked the Government to cut 50 percent of the registration fee for customers who buy locally-produced and assembled automobiles.
All vehicles providing cargo and passenger transportation services must change from white licence plates to yellow ones with black letters and numbers from August 1, according to the Traffic Police Department under the Ministry of Public Security.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Source: VNA) 
