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Vietnam Automobile Manufacturers

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. 
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,
Vietnamese auto market witnesses sales surge in March

Vietnamese auto market witnesses sales surge in March

According to the Vietnam Automobile Manufacturers’ Association (VAMA), its members sold a total of 27,289 units in March, up 135 per cent against February.
Car market encounters stagnation despite strong discounts

Car market encounters stagnation despite strong discounts

The Vietnam Automobile Manufacturers’ Association (VAMA) said its members sold 25,369 units in October, approximating the previous month’s sales (25,375 units) but falling 31 per cent from the same period last year.
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).
Domestic automobile market grows 15 per cent in Q1

Domestic automobile market grows 15 per cent in Q1

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 23,800 vehicles in June, up 15 per cent from the previous month, VAMA announced on July 12.
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.
Proposed registration fee cut for domestic cars sparks controversy

Proposed registration fee cut for domestic cars sparks controversy

A proposed registration fee cut for domestically-produced cars has angered importers who believe it is discriminatory
VAMA members see decreasing car sales in June

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.
Viet Nam to solve bottlenecks to develop its auto industry

Viet Nam to solve bottlenecks to develop its auto industry

Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry.
VinFast posts rise in car sales in May

VinFast posts rise in car sales in May

Despite the impact of the COVID-19 pandemic, Vietnamese auto-maker VinFast still enjoyed a month-on-month increase of 5 per cent in sales in May, to 2,855 vehicles.
Automobile sales drop 22 per cent in February

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 Viet Nam plunge 8% in 2020

Car sales in Viet Nam plunge 8% in 2020

Car sales in Viet Nam in 2020 ped 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.
Automobile sales down in first seven months

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

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.