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.
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 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.