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.
To deeply participate in the global supply chain, Vietnamese businesses are forced to improve their competitiveness, promote large-scale production and focus more on products with high technology content.
Members of the Viet Nam Automobile Manufacturers’ Association (VAMA) sold 22,409 automobiles of all kinds in May, a decrease of 8 per cent compared with the previous month.
Automobile sales saw growth in the first quarter of this year as manufactures launched promotions together with increases in supply and lower interest rates.
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.
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.
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.
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.
The Viet Nam Automobile Manufacturers’ Association (VAMA) has announced that total market sales of its member units reached 38,656 vehicles last month.
The domestic auto market is expected to continue growing in the remaining months of this year, according to experts, after expanding by up to 120 per cent in October.
Car sales in Viet Nam increased by 52 per cent last month after five consecutive months of decline, showing positive signs for the car market at the end of the year.
Automobile companies on the stock market had prosperous earning results in the first half of this year compared to the same period last year despite the impacts of COVID-19 pandemic.