Tag: domestically-assembled vehicles
Vietnam’s auto sales in April increase 21% year-on-year
The Vietnam Automobile Manufacturers’ Association (VAMA) said on May 13 that its members reported sales of 29,585 units in April, down 7% month-on-month but up 21% year-on-year.
Car sales in Vietnam down 40% in January
A total of 18,893 cars were sold in Vietnam in January, a drop of 40% compared to the previous month, according to a monthly report issued by Vietnam Automobile Manufacturers Association (VAMA) on February 13.
Domestic car production grew in 2024
In 2024, Vietnam's domestic car production is estimated at 388,500 units, marking a 27% increase compared to 2023, according to the General Statistics Office.
November auto sales surge driven by Government incentives
The Vietnam Automobile Manufacturers Association (VAMA) announced on December 10 that its member companies sold 44,200 vehicles in November, marking a month-on-month increase of 14%.
Breakthrough forecast for auto market in H2
The Vietnamese automobile market witnessed a significant sales decline in the first month of 2024, yet businesses and experts forecast that the market may see a breakthrough in the second half of the year.
Vietnamese auto market goes sideways in second consecutive month
November was the second consecutive month that the auto market went sideways, reported the Vietnam Automobile Manufacturers’ Association (VAMA) on December 12.
Auto sales fall 14% in August
Automobile sales in August were down 14% against July, to 20,655 units, despite the introduction of a range of promotional programmes, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
