Viet Nam’s automobile market witnessed a year-on-year increase of 365.6 per cent to 88,000 cars in the first seven months of this year, worth US$1.94 billion, reports the General Department of Customs.
US auto maker, Ford Vietnam, has recently announced to gain a growth of 91 per cent in sale in the second quarter of this year, reaching 7,960 vehicles.
Viet Nam imported nearly 11,700 cars worth more than US$273 million in the first month of this year, marking the fifth consecutive month with a volume of at least 10,000 units, according to statistics from the General Department of Customs.
Ford Vietnam sales rose 1 per cent so far this year, reaching 21,532 vehicles and capturing 10.8 per cent market share, the company announced. In September it sold 2,271 vehicles.