Vietnam’s automotive market is expected to see car sales rise during the holiday season, as the industry continues to recover after sluggish sales during the global pandemic, according to experts.

The Vietnam Automobile Manufacturers’ Association (VAMA) reported that its members suffered a decline in sales for the second consecutive month in February, with 22,802 cars sold units, or a 26% decrease.

As many as 30,742 cars were sold in Vietnam in January, a decline of 34% compared to the previous month, according to a monthly report issued by the Vietnam Automobile Manufacturers Association (VAMA) on February 15.

VOV.VN - Statistics compiled by the General Department of Vietnam Customs reveal that Thailand continued to dominate Vietnamese car imports last year.

The automobile market has become bustling again after the Government cut by 50% the vehicle registration tax.

Car sales in Vietnam increased by 52% last month after five consecutive months of decline, showing positive signs for the car market at the end of the year.

VOV.VN - With car sales peaking at 3,497 units in September, VinFast surpassed a number of major competitors to become the best-selling passenger car brand in the domestic market.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 23,587 vehicles in June, down 8% month-on-month.

Car sales have dropped sharply because of the fourth COVID-19 outbreak, prompting dealers to offer big discounts.

Car companies are offering new door-to-door services and digitised shopping experiences to boost consumption amid the latest outbreak of the COVID-19 pandemic in Vietnam.