Tag: imported vehicles
Automakers race toward fierce competition as sector shifts gears
Vietnam’s automobile market is entering an unprecedentedly vibrant phase as a surge in imported vehicles, electric cars and hybrids gathers momentum.
Auto market recovery driven by fully-assembled imported vehicles
Imported cars outpaced domestically assembled ones in September, pushing the recovery of Vietnam’s automobile market, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Vietnam’s auto sales near 30,000 units in May
The Vietnam Automobile Manufacturers Association (VAMA) on June 11 reported its members’ total sales of 29,210 vehicles in May, marking a modest 1% decline from April but a robust 13% increase compared to the same month last year.
May auto sales inch up 6%
Vietnam’s auto sales in May increased 6% from the previous month to 25,794 units, as dealers rolled out stimulus measures to spur consumption, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Vietnam’s auto imports plunge in Jan-June
Vietnam imported over 63,730 completely-built-up (CBU) cars worth some US$1.6 billion between January and June, dipping by 21.4% in volume and 14.4% in value year-on-year, according to data of the General Department of Vietnam Customs.
