Tags: vama

TPP to remove car tariffs in 13 years

TPP to remove car tariffs in 13 years

Countries of the Trans-Pacific Partnership (TPP), including Vietnam, will remove tariff on new cars in the 13th year after the agreement comes into effect, a finance ministry official said.

Positive automobile market trends

Positive automobile market trends

Vietnam’s automobile sales in September amounted to 21,366, up 32% from the same period last year, according to the Vietnam Automobile Manufacturers Association (VAMA).

September’s automobile sales surge 17%

September’s automobile sales surge 17%

Vietnam’s automobile sales in September shot up 17% from previous month, amounting to 21,366 units, according to the Vietnam Automobile Manufacturers Association (VAMA).

Tax breaks to lift auto industry

Tax breaks to lift auto industry

Cars with various engine displacement values are expected to enjoy a rebate in the special consumption tax in Vietnam as of July 1, 2016, according to a revised draft on Tax Law issued by the Ministry of Finance recently.

Hanoi to host Vietnam AutoExpo 2015

Hanoi to host Vietnam AutoExpo 2015

(VOV) - The 12th International Exhibition on Automobile & Supporting Industries (Vietnam AutoExpo 2015) will take place in Hanoi on June 17-20.

Car buyers continue preferring imported vehicles

Car buyers continue preferring imported vehicles

Vietnamese people have shown that they favor imported cars over locally assembled vehicles, as the debate about whether the local automobile industry can withstand a possible collapse after 2018 has not ended.

April car sales up, but producers worry

April car sales up, but producers worry

April was a positive month for Vietnamese auto sales, though carmakers have claimed difficulties conducting business in the country's unstable and undevel-oped automobile industry.

January car sales accelerate year-on-year

Automobile sales touched 19,979 units in January, down 1 percent from December, but surged 80 percent from a year ago, a Vietnam Automobile Manufacturers Association (VAMA) report stated.

Nearly 158,000 automobiles sold in 2014

Nearly 158,000 automobiles sold in 2014

(VOV) - 157,810 automobiles were sold in 2014, making the total turnover up by 43% against the previous year, of which cars rose by 43% to 100,000 and trucks by 42% to 57,371 units, according to the Vietnam Automobile Manufacturers Association (VAMA).

Officials downplay concerns foreign goods will flood market

Officials downplay concerns foreign goods will flood market

(VOV) -The ASEAN Trade in Goods Agreement (ATIGA) is a free trade and investment agreement that has provided investors with a unique set of guarantees designed to stimulate foreign direct investment and the movement of factories within the Asian region.

Auto sales hit over 16,000 units in September

Auto sales hit over 16,000 units in September

(VOV) -Vietnam's automobile industry sold nearly 16,150 units in September, up 29% against August and 65% on the same month of last year, according to Vietnam Automobile Manufacturers’ Association (VAMA).

Automobile sales increase for 17 consecutive months

August marked the 17th month in a row of automobile sales growth, with 12,562 cars sold, a 59% year-on-year increase, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

Automobile market picks up steam

Automobile market picks up steam

(VOV) - The latest sales figures confirm that despite lingering market difficulties, sales of domestic automakers continue to grow with Toyota, Thaco and Ford outperforming foreign manufacturers in recent months.

Vietnam imports 25,000 cars in H1

Vietnam imports 25,000 cars in H1

Vietnam spent nearly US$500 million in the first half of 2014 to import 25,000 completely built units (CBU) cars, an increase of 44.4% in volume and 53.9% in value year-on-year, according to the General Statistics Office (GSO).

Sales of imported cars up by 75%

Sales of imported cars up by 75%

(VOV) - According to statistics from the automobile sector, in the first five months of the year, sales of imported cars increased by 75%.

Auto sales stay strong in May

Sales by members of the Vietnam Automobile Manufacturers’ Association (VAMA) continued rising high last month with nearly 10,000 automobiles sold, the Saigon Times Daily reported.