Though automobile prices have fallen to unprecedented low levels, auto showrooms remain deserted with just several visitors and no buyers, while car dealers spend their time surfing the internet.

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 24,687 vehicles in July, up 4% month-on-month, VAMA reported on August 14.

VOV.VN - The import of completely-built automobiles (CBUs) saw an upward trend in June, after dropping up to 40% in the previous month, according to the latest preliminary statistics of the General Department of Customs.

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.

The Industry Agency under the Ministry of Industry and Trade and Toyota Motor Vietnam signed on July 4 a memorandum of understanding on a cooperation project to help domestic businesses in the automobile supporting industry improve their capacity and enhance the connectivity between them and car assemblers.

The newest electric vehicle manufacturer in Vietnam, with technology transferred from Germany, will set up a factory in Thai Binh that will make small-size city vehicles.

The Ministry of Industry and Trade (MoIT) will create the best possible conditions for Japanese automobile manufacturer Honda to operate in the country, Deputy Minister Do Thang Hai affirmed on June 29.

Cars will enjoy a 50% cut in registration fees from July 1 following a Government decree on registration fee reduction for domestically manufactured and assembled automobiles.

VOV.VN - As many as 461 exhibitors from 20 countries and territories globally are attending Automechanika 2023, a regional trade fair held for the automotive service industry, which opened at Saigon Exhibition & Convention Centre (SECC) in Ho Chi Minh City on June 23.

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.