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(VAMA)

VAMA suggests changes in special consumption tax rates for EVs

VAMA suggests changes in special consumption tax rates for EVs

The proposed decrease in tax rates for self-charging hybrid electric vehicles (HEVs) with nine seats or fewer, as outlined in a draft law by the Ministry of Finance, appears to be a significant shift in tax policy, according to experts. 
May auto sales inch up 6 per cent

May auto sales inch up 6 per cent

During the five-month span, VAMA members sold a total of 108,309 autos, with the sales of domestically produced units falling 14 per cent and imported vehicles rising 8 per cent year-on-year.
Domestic auto sales inch up 6% in May

Domestic auto sales inch up 6% in May

Local auto sales in May increased 6 per cent from the previous month to 25,794 units, as dealers rolled out stimulus measures to spur consumption,
Automobile sales fall 9 per cent in August: VAMA

Automobile sales fall 9 per cent in August: VAMA

The automobile sales in Việt Nam faced difficulties in August, despite a slight grow in July following the reduction of registration fee by half, according a report of Vietnam Automobile Manufacturers Association (VAMA).
Việt Nams automobile sales grow slightly in July from previous month

Việt Nam’s automobile sales grow slightly in July from previous month

.Based on the sales reports from VAMA, TC Group and VinFast, Hyundai continued to lead the market in July.
After struggling in H1, auto firms expect recovery

After struggling in H1, auto firms expect recovery

Automobile enterprises listed on the stock exchanges reported a sharp decline in profits, weighed by weak demand.
Auto stocks expected good prospects on supportive policies

Auto stocks expected good prospects on supportive policies

Interest rate cuts and a 50 per cent reduction in automobile registration fees are seen as positive factors for the industry in the second half of 2023.
Automobile market sees growth in Q1 on dimming economic backdrop

Automobile market sees growth in Q1 on dimming economic backdrop

Automobile sales saw growth in the first quarter of this year as manufactures launched promotions together with increases in supply and lower interest rates.
Regulations on auto localisation ratio to be revoked

Regulations on auto localisation ratio to be revoked

The regulations on the automobile localisation ratio will be abolished on October 10, 2022 after they have been in force for almost 20 years.
Automobile sales down 42 per cent on chip shortage

Automobile sales down 42 per cent on chip shortage

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42 per cent from May ending three consecutive months of gains.
Domestic car market maintains sale growth in April

Domestic car market maintains sale growth in April

Members of the Viet Nam Automobile Manufacturers Association (VAMA) sold 42,359 autos in April, up 14 per cent on the month and 40 per cent on the year, according to a recent VAMA report.
Domestic car market sees consumption growth in March

Domestic car market sees consumption growth in March

Members of the Viet Nam Automobile Manufacturers Association (VAMA) sold over 36,962 autos in March, up 60 per cent on the month, according to a recent VAMA report.
New car models meeting Euro 5 standard to make debut: VAMA

New car models meeting Euro 5 standard to make debut: VAMA

Members of the Viet Nam Automobile Manufacturers’ Association (VAMA) will roll out various new car models that meet Euro 5 emissions standards, according to the association.
Car sales down 34 per cent in January

Car sales down 34 per cent in January

As many as 30,742 cars were sold in Viet Nam in January, a decline of 34 percent compared to the previous month, according to the Viet Nam Automobile Manufacturers Association.
VN automobile market inched up in 2021

VN automobile market inched up in 2021

The Vietnamese automobile market has continued to rebound, gaining slight growth in 2021, data from manufacturers showed.