Vietnam's car sales drop to just over 300,000 units in 2023

Vietnam's car sales drop to just over 300,000 units in 2023

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) saw their sales drop by 25 per cent on-year in 2023.
Regulations on auto localisation ratio to be revoked

Regulations on auto localisation ratio to be revoked

Regulations on the automobile localisation ratio will be abolished on October 10, 2022 after having been in force for almost 20 years.
Auto sales fall 12 per cent in December

Auto sales fall 12 per cent in December

Vietnam ’s vehicle sales suffered a 1 per cent drop last year and a dramatic 12 per cent fall in December, the Vietnam Automobile Manufacturing Association (VAMA) said on Jan. 10, as the auto sector heads into a difficult year.