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vietnam vama

Imports of automobiles rise in July

Imports of automobiles rise in July

The import of automobiles increased significantly in July despite impacts caused by the second wave of COVID-19 in Viet Nam.
Policies encourage automakers to assemble cars in VN

Policies encourage automakers to assemble cars in VN

Several automakers are considering assembling their best-selling models in Việt Nam due to the Government’s policy of zero import tariffs on components and a 50 per cent reduction in registration fees.
Automobile sale up despite of COVID-19 spread

Automobile sale up despite of 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

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.
Automobile sales decrease in August

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).
VN auto sales set to miss target

VN auto sales set to miss target

With a continuous year-on-year decline in sales this year, the domestic auto industry is unlikely to achieve the 10 per cent growth predicted by the Vietnam Automobile Manufacturers’ Association (VAMA).
March sales of cars up 52 per cent

March sales of cars up 52 per cent

The Vietnamese auto market sold nearly 26,900 cars in March, an increase of 52 per cent compared with the previous month, according to a Vietnam Automobile Manufacturers’ Association report.
Car prices blamed for sluggish automobile industry growth

Car prices blamed for sluggish automobile industry growth

Automobiles which are priced higher in Viet Nam than in regional countries is the reason for the sluggish development of the automobile industry, experts say.
Tax cut expected to help boost domestic automobile industry

Tax cut expected to help boost domestic automobile industry

Cars with various engine displacement values are expected to enjoy a rebate in the special consumption tax in Viet Nam as of July 1 2016, according to a revised draft on Tax Law issued by the Ministry of Finance recently.