The Ministry of Finance has proposed halving the registration fee for locally assembled or manufactured cars from November 15 until mid-May next year.

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.

Automaker VinFast, a subsidiary of conglomerate Vingroup, sold 3,497 vehicles in September, posting a month-on-month surge of 51.4% despite the COVID-19 pandemic.

VOV.VN - Vietnam Motor Show 2021 (VMS 2021) is likely to be postponed until next year due to the complicated developments of the COVID-19 pandemic.

Ho Chi Minh City has allowed buses, taxis, passenger cars and tech-based vehicles with fewer than nine seats each to resume their operations from October 5.

VinFast Trading and Service Ltd Co and Autobest, Europe's oldest automobile rating organisation, announced a strategic partnership agreement on October 1.

VinFast Manufacturing and Trading Co., Ltd on September 28 announced the selection of US-based Cerence Company as a partner to provide voice-control artificial intelligence (AI) solution on smart electric cars with six most popular languages.

Cars have been selling very slowly in amid COVID-19 and social distancing. A gloomy future has been predicted for the automobile industry.

VOV.VN - Vietnam spent US$2.35 billion on importing a total of 105,702 completely-built-up (CBU) cars in the first eight months of the year, marking annual increases of 91.3% in value and 95.6% in volume.