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Auto sales rise by 19%

Auto sales rise by 19%

Members of the Vietnam Automobile Manufacturers Association and Hyundai Thanh Cong reported a 19% jump in sales year-on-year in July to 34,200 units.
Imports match domestic products in auto market sales

Imports match domestic products in auto market sales

Imported cars increased their share of the auto market by 7.9 percentage points from a year earlier to a full 50% in the first half of 2024.
August 3, 2024 | 04:01 pm PT
South Korea’s supercar sales increase ten-fold in 5 years

South Korea’s supercar sales increase ten-fold in 5 years

An unprecedented 3,138 imported cars priced over 300 million won (US$220,394) were sold in South Korea last year, marking a more than 10-fold increase from 2018.
May 15, 2024 | 01:15 am PT
Imported cars flood local market despite poor purchasing power

Imported cars flood local market despite poor purchasing power

Vietnamese firms spent over $903 million in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office (GSO).
April 3, 2023 | 08:14 pm PT
Vietnam at risk of becoming captive market for imported cars: industry ministry

Vietnam at risk of becoming captive market for imported cars: industry ministry

With car imports from Southeast Asia soaring in the last five years, the government is worried the country will be flooded with imported vehicles at the cost of the local auto industry.
March 23, 2023 | 08:24 pm PT
Cars made in Vietnam cost more than imports

Cars made in Vietnam cost more than imports

Cars assembled in Vietnam cost more than imported ones, belying consumers’ expectations and hampering the growth of the auto industry.
July 28, 2020 | 05:44 pm PT
Cut registration fees for imported cars, EuroCham pleads

Cut registration fees for imported cars, EuroCham pleads

EuroCham has proposed that imported cars are also given the same 50 percent reduction in registration fees as locally produced cars.
June 30, 2020 | 05:00 pm PT
Ford recalls 12,000 cars with transmission problem

Ford recalls 12,000 cars with transmission problem

Ford has recalled nearly 12,000 Ranger and Everest cars in Vietnam to fix a gear problem that causes transmission fluid to leak.
April 23, 2020 | 08:17 pm PT
Vietnam prohibits car maps violating its territorial integrity

Vietnam prohibits car maps violating its territorial integrity

Companies importing cars with navigation systems in which Vietnamese maps are not accurate will hereafter have their licenses suspended and then revoked.
February 12, 2020 | 09:03 pm PT
Half of Vietnamese buyers favor used cars assembled locally

Half of Vietnamese buyers favor used cars assembled locally

55 percent of buyers prefer used cars assembled in Vietnam to those imported from South Korea and Japan, a 2019 survey found.
January 7, 2020 | 11:50 pm PT
Consumers show preference for imported cars

Consumers show preference for imported cars

The sales of imported cars in Jan-Oct surged 2.2 times, while that of locally-assembled ones fell 12 percent.
November 11, 2019 | 10:27 pm PT
Hitting the road: H1 car sales in Vietnam

Hitting the road: H1 car sales in Vietnam

Sales of locally assembled cars increased 10 percent over the same period last year, while that of imported cars plunged 49 percent.
July 17, 2018 | 05:58 pm PT
New regulation puts the squeeze on Vietnamese car importers

New regulation puts the squeeze on Vietnamese car importers

While erecting technical barriers to hinder the flow of imported cars, Vietnam plans to cut taxes imposed on locally-made vehicles to boost its auto industry.
November 1, 2017 | 09:04 pm PT
Automobile sales accelerate through April

Automobile sales accelerate through April

April’s car sales in Vietnam saw an on-year increase of 42 percent to touch more than 25,000 units, said the Vietnam Automobile Manufacturers’ Association.
May 11, 2016 | 08:39 pm PT
 
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