Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 24,002 automobiles in June, up 26% compared to the previous month but down 13% year on year.
President of the State Parliament of Lower Saxony (Niedersachsen) of Germany Gabriele Andretta recently expressed her hope of fostering cooperation with Vietnam in vocational training as the state has huge demand for skilled workers.
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.
German carmaker Volkswagen has officially introduced two new showrooms in Hanoi, taking its total number of showrooms in Vietnam to 11.
German car maker Volkswagen has debuted a showroom in the central city of Da Nang, marking the 12th in Vietnam and the second in the central and central highlands region after Buon Ma Thuot showroom in Dak Lak province.
Volkswagen, a German multinational automotive manufacturing company, plans to introduce nine automobile models from middle-class to high-end designs at the Vietnam International Motor Show 2017 to be held in Ho Chi Minh City from October 25-29.
Brand new cars are being sold at hundreds of millions of dong lower than initial prices, while used cars remain unsold.
Will Phu Thai Holdings give up a plan to assemble Volkswagen cars in Vietnam? The Ministry of Finance (MOF) has said it cannot satisfy the requirements to be able to enjoy low car part import tariffs.