VAMA members see decreasing car sales in June

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 23,587 vehicles in June, down 8 per cent month-on-month.

Việt Nam to solve bottlenecks to develop its auto industry1 Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry, according to the latest report from the Ministry of Industry and Trade (MoIT).

Manufacturing industries face difficulties due to shortage of chips Few Vietnamese enterprises can make a chip from start to finish

VAMA’s proposal of reducing registration fee for domestically-produced cars rejected

The Ministry of Finance has rejected the Việt Nam Automobile Manufacturers’ Association (VAMA) proposal to continue reducing the registration fees for new domestically-produced cars by 50 per cent.

More than $1.1 billion spent on car imports in four months In April alone, 14,000 automobiles worth $292 million were imported.

Car imports accelerate in March The import of automobiles increased dramatically in March, according to figures released by the General Department of Customs (GDC).

Automobile sales drop 22 per cent in February A report by the Vietnam Automobile Manufacturers' Association (VAMA) said its members sold 13,585 vehicles in the month, down 22 per cent over the previous month.

Car sales in Việt Nam plunge 8% in 2020

Car sales in Việt Nam in 2020 dropped 8 per cent year-on-year to 283,983 units across all segments despite a strong increase seen in the fourth quarter, the latest data released by the Vietnam Automobile Manufacturers Association (VAMA) showed.

Gov't policy gives auto industry much-needed boost More than half a billion dollars in tax returns have been awarded to firms since 2017 in a bid by the Government to boost the country's auto industry and supporting industry, according to deputy director of the General Department of Vietnam Customs Lưu Mạnh Tưởng. 

Gov’t support aids automobile industry VDSC pointed out that the domestic automobile industry was benefiting from three policies.