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Vietnam Motor Show opens in HCM City The latest models and advanced technologies from 15 Vietnamese and foreign auto brands are on display at the 2019 Vietnam Motor Show which opened on Wednesday in HCM City.

Automobile industry needs special policies to raise competition

Việt Nam needs to issue special policies for the automobile industry to catch up with other countries in the ASEAN region, said experts at a conference held in Hà Nội on Tuesday.

Automobile sales can set new record in 2019 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.

Online car sales not clicking with customers With booming online sales, e-commerce exchanges have set their sights on the automotive industry.

Automobile sales decrease in August

Sales of automobiles saw a month-on-month decline of 19 per cent to about 21,480 vehicles in August, according to the Vietnam Automobile Manufacturer Association (VAMA).

Sales of auto down despite of strong discounts Many businesses strongly reduced price of cars by between tens of millions đồng to more than hundred million đồng for their clients to stimulate sales, however, the market still witnessed a sluggish consumption, not as expected.

Auto prices fall due to low demand Vietnamese auto firms have launched promotions to spur demand after sales dropped following the Tết (Lunar New Year) holiday and as the number of imported cars has increased strongly.

Sales of locally-assembled cars down, imported cars sharply up The sale of domestically-assembled cars in the first quarter of this year decreased by 8 per cent year-on-year to more than 46,250 units, while sales of imported cars sharply increased by 234 per cent to nearly 32,000 units, according to the latest report issued by the Vietnam Automobile Manufacturers’ Association (VAMA).

VAMA reports sharpest month-on-month fall in automobile sales

Automobile sales by firms in the Vietnam Automobile Manufacturer Association (VAMA) in February declined 61 per cent from the previous month, the sharpest month-on-month fall ever recorded.