Future looking bright for organic produce firms BUSINESS BEAT

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. 

Automobile sales down in first seven months Sales of automobiles plunged 28 per cent year-on-year to 131,248 units in the first seven months of this year, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

Automobile market on track for recovery: VAMA

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 24,002 automobiles in June, up 26 per cent compared to the previous month but down 13 per cent year on year.

EuroCham proposes Gov’t to cut 50 per cent of registration fee for imported cars

The European Chamber of Commerce in Việt Nam (EuroCham) proposed the Government to apply the 50 per cent registration fee reduction to all automotive assembly firms, importers and dealers of new vehicles.

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.

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.

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).