The automobile market is expected to set a new record in sales this year with VAMA members and TC Motors selling an average nearly 32,000 cars each month in January-September.
Sales of automobiles saw a month-on-month decline of 19 percent to about 21,480 vehicles in August, according to the Vietnam Automobile Manufacturer Association (VAMA).
VOV.VN - The Vietnam Motor Show 2019 will see the participation of the top 15 brands from the automobile sector, in addition to hundreds of other auxiliary brands, according to organisers at a meeting in HCM City on September 10 which unveiled information about the exhibition.
Vietnam's annual car sales could more than triple in the next five years to reach a million in 2025.
Car sales reached 281,473 units during the January-June period, a year-on-year rise of 21 percent, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on July 9.
VOV.VN - Fourteen renowned brands are to be introduced during the Vietnam Motor Show (VMS 2019) which is scheduled to take place between October 23- 27 in HCM City.
Vietnamese automobile manufacturers and distributors had a banner month in May as the sales of car experienced a strong monthly growth of 30 percent following a line-up of promotions and discount programmes.
The total automobile sales in the first five months of 2019 surged by 22 percent year-on-year to 126,646 units, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on June 11.
Despite huge reductions in the price of motor vehicles, car dealerships said sales have been unexpectedly slow in recent weeks.
The Vietnam Automobile Manufacturer Association (VAMA) reported on May 13 that its members sold 21,021 vehicles in April, a decrease of 35 percent against the previous month.
Vietnam imported nearly 11,700 cars worth more than 273 million USD in the first month of 2019, marking the fifth consecutive month with a volume of at least 10,000 units, according to statistics from the General Department of Vietnam Customs.
Almost 28,900 cars were sold in Vietnam in October, up 21% from the previous month, according to the Vietnam Automobile Manufacturers Association (VAMA).
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 Motor Show 2018 will take place at the Saigon Exhibition and Convention Centre in Ho Chi Minh City from October 24-28, displaying about 120 models.
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.
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.
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.
VOV.VN - New vehicle sales in Vietnam declined 5% to approximately 22,000 units in June, according to the Vietnam Automotive Manufacturers Association (VAMA).
A total of 23,065 automobiles were sold in the domestic market in May, up 9% against the previous month, reported the Vietnam Automobile Manufacturers’ Association (VAMA).
Vietnam is among the countries with the highest selling price of cars in the world.