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Thursday, April 25, 2024

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Vietnam sees auto sales down 27.4% in 2023

HCMC – Car sales last year plummeted by a staggering 27.4% year-on-year, with new vehicle purchases dropping from over 369,400 to 229,698 units. Member companies...

VAMA proposes lower tax on hybrid cars

 The Vietnam Automobile Manufacturers’ Association (VAMA) has written to the Government proposing lowering the excise tax and registration fee on hybrid electric and plug-in hybrid electric...

March auto sales soar by 60%

HCMC – Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold over 36,960 autos in March, up 60% month-on-month and 17% year-on-year. Sales of locally...

January auto sales dip by 34%

HCMC – Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold over 30,740 autos in January, down 34% month-on-month. Specifically, sales of passenger cars dipped...

Ministry proposes extending excise tax payments for local auto firms

HCMC - The Ministry of Finance has proposed the Government continue extending the payments of excise tax by local auto manufacturers and assemblers until...

Local auto sales see steepest drop in nearly seven years

HCMC - Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 8,884 vehicles in August, falling 45% against the figure in July, the biggest...

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