The Secretariat’s meeting on the collection of public opinions on the amendment of the 2013 Constitution, the inauguration of Lach Huyen International Container Terminals No.3 & No.4, and PM Pham Minh Chinh's reception for the French Ambassador to Vietnam are among news highlights on May 13 evening.
One standout trend was the sharp rise in completely built-up (CBU) imports, which saw sales climb 60% to 16,863 units. Meanwhile, domestically assembled vehicles also posted a gain of 35%, with 14,887 units delivered to customers.
After a strong surge in sales in September when the Vietnamese automobile market saw a 45% increase, an increase was still recorded in October, though at a more modest rate.
Car sales in August by members of the Vietnam Automobile Manufacturers’ Association (VAMA) fell by 13% from the previous month to 25,196 units, VAMA announced on September 13.
Auto sales in Vietnam in July increased 9% from the previous month to 28,920 units, the Vietnam Automobile Manufacturers’ Association (VAMA) announced on August 13.
There are many opportunities as well as challenges for the automobile industry when Vietnam is implementing international commitments under free trade agreements (FTAs), heard a seminar organised by Hai Quan (Customs) magazine in Hanoi on May 24.
The Vietnam Motor Show (VMS), the largest playground for the automotive industry in Vietnam, will return in October this year after a year of interruption due to challenging economic conditions.
2023 was a challenging year for the Vietnamese automobile market as sales fell 25% year-on-year despite a 50% cut in the registration fee from July 1, according to the Vietnam Automobile Manufacturers Association (VAMA).
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.
The recent decline in Vietnam’s automobile consumption and its drop to the fifth place in Southeast Asia can be attributed to both external and internal factors, car experts said.
Vietnam imported 86,749 completely-built automobiles (CBUs) worth over 2 billion USD in the first eight months of this year, down 9.8% in both quantity and value compared to the same period last year, according to the General Department of Vietnam Customs.
Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 22,540 vehicles in August, down 9% compared to the previous month, VAMA has reported.
Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 23,800 vehicles in June, up 15% from the previous month, VAMA announced on July 12.
Cars will enjoy a 50% cut in registration fees from July 1 after Deputy Prime Minister Le Minh Khai on Ju ne 28 signed a decree on registration fee reduction for domestically manufactured and assembled automobiles.
Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 22,409 automobiles of all kinds in May, a decrease of 8% compared with the previous month.
