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Vietnam automobile

Haohuas 500 million tyre factory begins operations

Haohua’s $500 million tyre factory begins operations

Haohua''s tyre factory, with an investment of US$500 million, has officially commenced its first phase of operations in Hớn Quản District, Bình Phước Province.
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.
Vietnam Automobile Transport Association calls for favourable policies as difficulties mount

Vietnam Automobile Transport Association calls for favourable policies as difficulties mount

The failure to pay social insurance premiums to the Vietnam Social Security has led to the situation that many employees have had their health insurance cards rendered invalid.
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.
New policies being considered for electric cars

New policies being considered for electric cars

Deputy Prime Le Van Thanh has asked the Ministry of Industry and Trade to study policies to promote the development of the domestic automobile industry, in line with the growing global trend towards electric cars.
VAMA sets plans to develop local electric vechicles

VAMA sets plans to develop local electric vechicles

Electric cars are an irreversible trend in the auto industry and are expected to grow strongly. To take advantage of this, the Vietnam Automobile Manufacturing Association (VAMA) has outlined plans to develop the local electric car industry.
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.