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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. 
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,
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.
Automobile, motorbike supporting industries ripe for move to next stage

Automobile, motorbike supporting industries ripe for move to next stage

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.
Several automobile manufacturers recall vehicles in 2023

Several automobile manufacturers recall vehicles in 2023

The recalls aim to address potential safety or performance issues and ensure the well-being of the customers.
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).
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.
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.
VAMAs May automobile sales drop by 8%

VAMA’s May automobile sales drop by 8%

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 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.
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.