automobile sales down 42 per cent on chip shortage

Automobile sales down 42 per cent on chip shortage

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42 per cent from May ending three consecutive months of gains.
vietnam sees car sales soar in may

Vietnam sees car sales soar in May

Vietnam witnessed its car sales climb by 70 per cent in May, indicating positive signals in the market.
car sales in vietnam down 34 percent in january

Car sales in Vietnam down 34 percent in January

As many as 30,742 cars were sold in Vietnam in January, a decline of 34 percent compared to the previous month, according to a monthly report issued by the Vietnam Automobile Manufacturers Association (VAMA) on February 15.
vietnams electric car market expected to blossom in 2022

Vietnam’s electric car market expected to blossom in 2022

The debut of new electric car models of various automakers heralds a prosperous year for Vietnam's electric vehicle market.
auto market to continue growing experts

Auto market to continue growing: experts

The domestic auto market is expected to grow further in the remaining months of this year after expanding up to 120 percent in October, experts have said.
vietnamese car market recovers after bottoming out

Vietnamese car market recovers after bottoming out

After a record decline in August, Vietnam's car sales in September have bounced back, a positive sign for the year-end shopping season.
vietnams car sales have fallen to its lowest level since 2015

Vietnam’s car sales have fallen to its lowest level since 2015

The Vietnam Automobile Manufacturers’ Association (VAMA) announced a significant slump in overall August sales, which is the deepest decline since 2015.
vinfast overcomes ford and honda in february automobile sales

VinFast overcomes Ford and Honda in February automobile sales

In February, Vinfast automobile sales overcame Ford and Honda to rank the fourth position for the first time since its recent establishment.
vietnam motor show 2020 cancelled due to covid 19

Vietnam Motor Show 2020 cancelled due to COVID-19

The Vietnam Motor Show 2020, scheduled for October 29 – November 1, will be cancelled due to the complicated developments of COVID-19, announced the Vietnam Automobile Manufacturers’ Association (VAMA) and the Vehicles Importers Vietnam Association (VIVA) on August 4.
car market slumps due to covid 19

Car market slumps due to COVID-19

The consumption of cars of less than nine seats decreased by 30 per cent while bus consumption fell by 47 per cent compared to the first two months of 2019.
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 percent 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.
hcm city to host vietnam motor show

HCM City to host Vietnam Motor Show

Fifteen members of the Vietnam Automobile Manufacturers’ Association (VAMA) and Vietnam Car Importers’ Association will participate in the 2018 Viet Nam Motor Show in HCM City in October.
domestically assembled cars overwhelm imported vehicles

Domestically-assembled cars overwhelm imported vehicles

A total of 23,065 automobiles were sold in the domestic market in May, up 9 percent against the previous month, reported the Vietnam Automobile Manufacturers’ Association (VAMA).
as car imports slow sales of domestically assembled cars go up

As car imports slow, sales of domestically assembled cars go up

Foreign-invested auto enterprises in Vietnam have canceled orders for imports from Thailand and Indonesia because they still cannot get certificates from agencies of export countries, as required by Decree 116, according to Pham Anh Tuan from the Vietnamese Auto Manufacturers Association (VAMA).