VOV.VN - Whilst the prolonged COVID-19 outbreak posed numerous challenges, it also presented plenty of opportunities for local automobile manufacturers to make a spectacular breakthrough in 2021.

All types of new cars in Vietnam must meet Euro 5 emission standards from January 1, 2022 under a decision issued by the Prime Minister, Vietnam Register said.

Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry, according to the latest report from the Ministry of Industry and Trade (MoIT).

VOV.VN - The Vietnam Automobile Manufacturers Association (VAMA) announced on April 13 that car sales of its members in March reached 30,935 vehicles of all kinds, representing a sharp rise of 127% compared to the previous month.

Car imports in November dropped 10.4% month on month to 12,237 units, according to initial statistics of the General Department of Vietnam Customs.

Vietnam spent about US$1.2 billion to import 53,000 completely built unit (CBU) cars in the first eight months of this year.

VOV.VN - Vietnam imported a total of 4,000 completely built unit (CBU) automobiles with a value of US$104 million during July, with the majority coming from Thailand, representing an increase of 6.3% from June.