VOV.VN - The nation spent more than US$314 million on importing 14,500 completely built-up (CBU) cars of all kinds in January, marking a steep rise of 219% in volume and nearly 150% in value on-year, according to statistics from the General Department of Vietnam Customs.

While normally a positive time for car sales, this year the domestic automobile market is seeing gloomy days as Tet approaches, according to local car experts.

Automobile sales in Vietnam posted a month-on-month increase of 20% and a year-on-year surge of 88% in July, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on August 11.

The Vietnam Automobile Manufacturers’ Association (VAMA) said on July 13 that its members sold 25,159 vehicles in June, down 42% from the previous month.

VOV.VN - Korean cars sold in the Vietnamese market in 2021 were four times higher than the total consumption of the brand in five Southeast Asian countries, including Thailand, Indonesia, Malaysia, the Philippines, and Singapore, reported by Vnexpess.net.

The Vietnamese automobile market has continued to rebound, gaining slight growth in 2021, data from manufacturers showed.

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.

Automobile sales in Vietnam posted a month-on-month increase of 30% and a year-on-year increase of 6% in November, announced the Vietnam Automobile Manufacturers’ Association (VAMA).

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

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.