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Imported cars boost auto sales in October

Imported cars boost auto sales in October

Almost 28,900 cars were sold in Vietnam in October, up 21% from the previous month, according to the Vietnam Automobile Manufacturers Association (VAMA).

Strengthening local automobile production and localisation rate

Strengthening local automobile production and localisation rate

As the import duty for ASEAN CBU (completely built-up) becomes 0 per cent, and some administrative barriers like Decree 116 preventing CBU imports are no longer effective, VIR talked with Toru Kinoshita, chairman of the Vietnam Automobile Manufacturers' Association (VAMA) about ways to increase the localisation rate and enhance local automobile production.

Vietnam’s car imports up 50% in August

Vietnam’s car imports up 50% in August

Vietnamese businesses imported nearly 10,000 completely built cars in August, up 50% compared with the previous month, according to the General Department of Vietnam Customs.

VMS 2018 to display 120 auto models

VMS 2018 to display 120 auto models

Vietnam Motor Show 2018 (VMS 2018), which is slated to open in October, will display some 120 auto models, including new designs with the world’s latest technology, at the Saigon Exhibition and Convention Center in Ho Chi Minh City’s District 7.

Biggest-ever Vietnam Motor Show to feature 15 brands

Biggest-ever Vietnam Motor Show to feature 15 brands

Fifteen renowned brands will present displays at the Vietnam Motor Show 2018, the largest national event of its kind, as heard at a press conference about the event held in Hanoi on August 20.

Automobile sales rise sharply in April

Automobile sales rise sharply in April

The Vietnam Automobile Manufacturers Association (VAMA) reported on May 9 that up to 21,123 vehicles were sold in the domestic market in April.

Automobile sales surge 70% in March

Automobile sales surge 70% in March

A total of 21,127 automobiles were sold in March 2018, a surge of 70% over the previous month, reported the Vietnam Automobile Manufacturers’ Association (VAMA) on April 10.

New emission standard fuels rough changeover

New emission standard fuels rough changeover

As the country shifts to a Euro 4 emission standard for diesel-fuelled vehicles, industry observers warn that the three fuel types on offer could spell problems for these more advanced engines, and opportunities for tricksters.

Vietnam’s auto sales set to miss target

Vietnam’s auto sales set to miss target

With a continuous year-on-year decline in sales this year, the domestic auto industry is unlikely to achieve the 10% growth predicted by the Vietnam Automobile Manufacturers’ Association (VAMA).

Demand for cars to boom in 2020: MoIT forecast

Demand for cars to boom in 2020: MoIT forecast

The average income per capita in Vietnam will reach about US$3,000 in 2020 and the demand for cars will boom, according to the Ministry of Industry and Trade’s (MoIT) forecast presented on Thursday (October 12) at a seminar in Hanoi.

Vietnam’s automobile sales falls despite attractive discounts

Vietnam’s automobile sales falls despite attractive discounts

Although many carmakers in Vietnam have applied discounts and promotions, car sales in the first eight months of the year dipped 6% year-on-year to 177,000 units, according to the Vietnam Automobile Manufacturers’ Association (VAMA).