Auto sales drop in May

Around 6,870 automobile units were sold in Vietnam in May, just 2 percent less than the previous month, according to the Vietnam Auto Manufacturers Association (VAMA).

As many as 5,710 units were assembled in Vietnam, while more than 1,000 completely built units (CBUs) were imported from overseas.

Over the past five months, 29,812 automobiles were sold, a year-on-year decrease of 35 percent, of that figure, commercial vehicle sales recorded 14,692 units, down 30 percent.

The VAMA says that only two firms sold more than 1,000 units in May, with Truong Hai taking the lead with 1,898 units, followed by Toyota with 1,602 units.