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Korean cars find few takers in Southeast Asia, sustained by Vietnam market

Korean cars find few takers in Southeast Asia, sustained by Vietnam market

Out of 185,595 South Korean cars sold in Southeast Asia last year, Vietnam accounted for 59 percent.
Cut in registration fee revives auto market

Cut in registration fee revives auto market

The government’s cutting of first-time car registration fees by half appears to have lifted the auto industry out of a slump caused by the Covid-19 pandemic.
November 25, 2020 | 01:00 pm GMT+7
Vietnamese spend $1.9 bln on imported cars

Vietnamese spend $1.9 bln on imported cars

Vietnam had imported over 86,000 completely built-up (CBU) automobiles worth almost $1.9 billion as of November 15, according to Vietnam Customs.
November 24, 2020 | 09:00 am GMT+7
October auto sales top pre-pandemic figures

October auto sales top pre-pandemic figures

Auto sales in October hit 33,254 units, up 14.9 percent year-on-year, indicating car consumption is recovering to pre-pandemic levels.
November 14, 2020 | 09:00 am GMT+7
Auto sales rise to year high

Auto sales rise to year high

Auto sales climbed to 27,252 units in September, the highest monthly number this year, as Vietnam contained its second Covid-19 outbreak.
October 13, 2020 | 07:36 am GMT+7
Auto sales fall 28 pct

Auto sales fall 28 pct

Vietnam’s auto sales in the first seven months fell 28 percent year-on-year to 131,200 units as the coronavirus pandemic slashed demand.
August 12, 2020 | 09:36 am GMT+7
Honda Vietnam recalls cars to replace fuel pumps

Honda Vietnam recalls cars to replace fuel pumps

Honda Vietnam is recalling 19,219 cars assembled in Vietnam to fix a fuel pump issue that could cause a vehicle to stall while running.
June 17, 2020 | 07:52 am GMT+7
Vietnam auto sales stage May recovery

Vietnam auto sales stage May recovery

Car sales surged 62 percent in May after slumping in the first four months this year as the Covid-19 pandemic crushed demand.
June 12, 2020 | 10:19 am GMT+7
Auto sales plummets in January

Auto sales plummets in January

January automobile sales fell by 52 percent over the previous month and 53 percent year-on-year, according to the Vietnam Automobile Manufacturers Association (VAMA).
February 16, 2020 | 11:34 am GMT+7
November auto sales up 3 percent

November auto sales up 3 percent

Vietnam's total vehicle sales increased 3 percent to 29,846 units in November from the previous month, according to the Vietnam Automobile Manufacturers' Association (VAMA).
December 13, 2019 | 07:40 am GMT+7
Imported car sales soar despite efforts to tighten imports

Imported car sales soar despite efforts to tighten imports

Consumption of imported cars has skyrocketed while that of locally-assembled ones is falling despite efforts last year to tighten imports.
September 23, 2019 | 02:18 pm GMT+7
2018 monthly car sales highest in October

2018 monthly car sales highest in October

October sales of 28,899 cars made it the best month of the year so far, according to Vietnam Automobile Manufacturers' Association (VAMA).
November 15, 2018 | 02:33 pm GMT+7
Vietnam’s car sales hit record in 2016 amid tax cuts

Vietnam’s car sales hit record in 2016 amid tax cuts

The import tariffs for cars from Southeast Asia have been slashed and will be scrapped soon.
January 12, 2017 | 10:53 am GMT+7
Higher tax slams the brakes on Vietnam's car imports

Higher tax slams the brakes on Vietnam's car imports

Duties of up to 150 percent are making people think twice about life in the fast lane.
September 19, 2016 | 11:16 am GMT+7
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