Automobile sales in Vietnam plunged in July due to the complications of COVID-19 and social distancing measures being applied in many localities nationwide.
Hanoi (VNA) – Automobile sales in Vietnam plunged inJuly due to the complications of COVID-19 and social distancing measures beingapplied in many localities nationwide.
In the month, 16,035 cars were sold, a month-on-month decline of32 percent, according to the Vietnam Automobile Manufacturers' Association (VAMA).
There included 10,411 passenger cars, down 34 percent; 5,163commercial and 461 special-purpose vehicles, slipping 27 percent and 30 percentagainst the previous month, respectively.
The sale of domestically-assembled vehicles was down 32percent with 9,024 units sold, while that of completely built up (CBU) ones fell 31 percent with 7,011.
VAMA members sold a total 166,516 vehicles in the first sevenmonths of the 2021, a year-on-year expansion of 27 percent.
The figure comprised of 115,318 passenger and 47,690 commercial vehicles,up 22 percent and 37 percent compared to the same period last year.
Thenumber does not reflect sales of non-VAMA members.
ౠ In seven months, TC Motor of Hyundai Thanh Cong sold 38,066vehicles, while VinFast of conglomerate Vingroup sold 19,720 units./.
The Vietnam Automobile Manufacturers’ Association (VAMA) announced on April 13 that its members sold a total of 70,952 vehicles in the first quarter of 2021, a year-on-year surge of 36 percent.
The Vietnam Automobile Manufacturers’ Association (VAMA) has reported that its members posted a 15 percent month-on-month decline in automobile sales in May to 25,585 units, due to the impact of COVID-19 and a shortage of semi-conductor chips for the industry.
Despite the impact of the COVID-19 pandemic, Vietnamese auto-maker VinFast Trading and Production LLC still enjoyed a month-on-month increase of 5 percent in sales in May, to 2,855 vehicles.
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A car plant of VinFast in Hai Phong (Photo: VNA) 
