car sales

Latest News about car sales

Vietnam automobile industry on recovery path despite Covid-19icon
BUSINESS13/02/20210

Vietnam automobile industry on recovery path despite Covid-19

Vietnam’s rising income per capita would soon move cars from a luxury product with a passenger vehicle density of 34 per 1,000 to a more ordinary one with a density level comparable to countries in the region.

 
Car manufacturers resume assembling of some models in Vietnamicon

Car manufacturers resume assembling of some models in Vietnam

BUSINESS
15/07/2020

As Vietnam has set new policies to encourage domestic production, car manufacturers have resumed the assembling of some bestsellers in Vietnam to enjoy incentives.

Car sales rocket after registration fee cuticon

Car sales rocket after registration fee cut

BUSINESS
08/07/2020

After the Government’s move to lower car registration fees by half took effect more than a week ago, the domestic car market has picked up.

Car sales in Vietnam rocket after registration fee cuticon

Car sales in Vietnam rocket after registration fee cut

BUSINESS
08/07/2020

After the Government’s move to lower car registration fees by half took effect more than a week ago, the domestic car market has picked up.

Vietnam struggles to fulfill dream of building an auto industryicon

Vietnam struggles to fulfill dream of building an auto industry

BUSINESS
25/06/2020

Instead of reducing taxes and fees, the State needs to set reasonable policies to develop automobile supporting industries, experts say.

Auto manufacturers manage to retain workersicon

Auto manufacturers manage to retain workers

BUSINESS
11/06/2020

While automobile manufacturers in the world have laid off workers in large quantities to reduce operation costs during the Covid-19 crisis, automobile joint ventures in Vietnam have retained their workforce.

Car prices predicted to fall until Tet Holidayicon

Car prices predicted to fall until Tet Holiday

BUSINESS
06/06/2020

Car prices in Vietnam are predicted to continue falling with many discount programmes due to large inventory and slow sales.

VN automobile sales fall to 5-year lowicon

VN automobile sales fall to 5-year low

BUSINESS
26/04/2020

Car sales have dropped to a 5-year low and may continue to slide if the pandemic persists.

Prices plummet, factories halt operation, auto market hit hard by Covid-19icon

Prices plummet, factories halt operation, auto market hit hard by Covid-19

BUSINESS
08/04/2020

Despite sharp price cuts of hundreds of million of dong, cars still cannot find buyers. The automobile market is predicted to see a minus 15 percent growth rate this year.

Vietnam’s car market cools on Covid-19icon

Vietnam’s car market cools on Covid-19

BUSINESS
19/03/2020

The domestic car market is gloomy as people are not making purchases despite the sharp price falls.

Car sales in Vietnam forecasted to reach 400,000 this yearicon

Car sales in Vietnam forecasted to reach 400,000 this year

BUSINESS
16/12/2019

Car sales in Vietnam have been forecasted to hit the record high of 400,000 by the end of this year.

Promotional campaigns fail to lift automobile sales in Vietnamicon

Promotional campaigns fail to lift automobile sales in Vietnam

BUSINESS
13/12/2019

Car sales in November failed to meet expectations even though the year-end shopping season has started and despite various discounts of up to hundreds of millions of dong.

Vietnam's auto market filled with gloom despite falling pricesicon

Vietnam's auto market filled with gloom despite falling prices

BUSINESS
12/11/2019

Hopes of a big rise in car sales in October thanks to a steep drop in prices and the rollout of new models have been dashed, spreading more gloom about the sector’s health.

Vietnamese automobile manufacturers focus on importing cars, neglect productionicon

Vietnamese automobile manufacturers focus on importing cars, neglect production

BUSINESS
28/10/2019

In the first half of the year, the number of cars imported to Vietnam increased by 500 percent, while some models saw a sharp increase of 650 percent compared with the same period last year.

Limited car output hinders development of Vietnam's support industriesicon

Limited car output hinders development of Vietnam's support industries

BUSINESS
20/10/2019

CBU (complete built unit) imports have been flooding the Vietnamese market while domestic factories have cut output, raising concerns among car part manufacturers that they may lose jobs.

Automobile sales in Vietnam can set new record in 2019icon

Automobile sales in Vietnam can set new record in 2019

BUSINESS
13/10/2019

Vietnam's automobile market is expected to set a new sales record this year with sales of the Vietnam Automobile Manufacturer Association (VAMA) members and TC Motors averaging nearly 32,000 cars each month in January-September.