Auto consumers expected to enjoy 50 per cent cut in registration fee The Ministry of Finance has officially asked the Government to cut 50 per cent of the registration fee for customers who buy locally-produced and assembled automobiles.

Savico appoints new management board amid foreign divestment The move won 99.53 per cent of shareholders’ votes in its annual shareholders’ meeting on Friday in HCM City.

VAMA sales of cars drop 33 per cent in Q1 The firms sold just more than 50,000 cars in the period, marking a year-on-year decrease of 33 per cent.

TC Motor halts operations TC Motor will suspend vehicle production in the northern province of Ninh Bình from April 1 to 15 due to concerns of COVID-19.

Automakers propose Gov’t cut VAT and registration fee for customers

Vietnam Automobile Manufacturers’ Association (VAMA) has proposed the Government reduce value-added tax (VAT) and registration fees for car customers by 50 per cent, reports vietnamnet.vn.

Automobile sale up despite COVID-19 spread

Vietnamese market saw February automobile sale of more than 17,600 units, marking a year-on-year increase of 41 per cent, according to statistics from the Vietnam Automobile Manufacturers’ Association (VAMA).

Discounts drive car sales in Viet Nam Nearly 400,000 cars were sold in the Vietnamese market in 2019 thanks to valuable gift and discount programmes, which were launched at the beginning of the year, said the Vietnam Automobile Manufacturers’ Association (VAMA).

Car sales weaken in year-end months despite promotions, lower prices Car sales in the final months of the year have not seemed to pick up despite companies’ efforts to lower prices and increase promotions to boost market demand.

Local automobile  manufacturers ask for more support Local automobile manufacturers discussed low market capacity and a lack of support policies at a seminar in Hà Nội on Thursday.

amnimo sense Partners with TK International to Launch Beta Version of its Service Necessary from Installation to Operation of IoT in Malaysia amnimo sense Partners with TK International to Launch Beta Version of its Service Necessary from Installation to Operation of IoT in Malaysia