Vietnam’s Q1 auto sales down 17% to 58,165 units
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 58,165 units in the first quarter of 2024, down 17% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s Jan-Feb auto sales down 23%
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 30,876 vehicles in the first two months of 2024, down 23% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Toyota set to launch $25 mln factory expansion in northern Vietnam
Toyota will launch next month a factory expansion in the northern province of Hung Yen with an investment of $25 million.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam auto sales up 11% to 19,243 units in Jan
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 19,243 vehicles in January, down 50% from December 2023 but up 11% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Agricultural machinery major VEAM banks on term deposits
Financial revenue was the main bright spot for the state-owned Vietnam Engine and Agricultural Machinery Corporation (VEAM) in 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s 2023 auto sales fall 25% to 301,989 units
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 301,989 vehicles in 2023, down 25% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam auto sales down 29% in 11 months to 263,249
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 263,249 vehicles in January-November this year, down 29% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Finance ministry rejects lower tax proposals by Ford, Toyota
Vietnam’s Ministry of Finance has disagreed with proposals made by Ford, Toyota, and the Vietnam Automobile Manufacturers' Association (VAMA) for lower taxes, according to a ministerial draft document sent for the government’s approval.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam auto sales down 29% in 10 months, Mitsubishi Xpander bestseller
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 235,296 vehicles in January-October this year, down 29% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Toyota production in Vietnam falls 35% to 11,500 in Apr-Sep
Toyota production in Vietnam fell 34.7% year-on-year to 11,505 units in April-September 2023, or the first half of fiscal year 2024, according to a report by the Japanese automobile giant.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Honda, Unilever, Heineken top foreign taypayers in Vietnam
Automaker Honda remained the biggest foreign taxpayer in Vietnam in 2022, according to the General Department of Taxation’s latest list of the top 1,000 contributors of corporate income tax (CIT).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam auto sales down 29% in 9 months, Mitsubishi Xpander best seller
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 209,929 vehicles in January-September this year, down 29% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Jan-Aug auto sales fall 30% in Vietnam, Mitsubishi Xpander bestseller
Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 184,554 vehicles in Jan-Aug this year, down 30% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Auto sales in Vietnam fall 30% in Jan-Jul, Mitsubishi Xpander tops sales
Vehicles sales by members of the Vietnam Automobile Manufacturers' Association (VAMA), which does not include VinFast and Hyundai, dropped 30% year-on-year to 162,014 in the first seven months of this year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Auto sales in Vietnam fall 32% in Jan-Jun, Toyota Vios best seller in Jun
Vehicles sales by members of the Vietnam Automobile Manufacturers' Association (VAMA), which does not include VinFast and Hyundai, dropped 32% year-on-year to 137,327 in the first half of this year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Swedish software tools maker IAR shifts gears to tap Vietnam auto market
IAR, a Swedish supplier of software tools for embedded systems, appointed SH Consulting Vietnam as its official distributor in the country on June 4. Kiyo Uemura, IAR regional vice president in Asia-Pacific, tells The Investor that his company is well placed to supply mission-critical software to Vietnam’s growing automotive industry.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Korea carmakers Hyundai, Kia to put more energy into Vietnam market
Hyundai Motor and its sister automaker Kia are looking to build on their leading positions in Vietnam, and Hyundai Motor Group executive chairman Chung Euisun will accompany Korean President Yoon Suk Yeol on his three-day state visit starting Thursday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Auto sales in Vietnam fall 36% in Jan-May
Vehicles sales by members of the Vietnam Automobile Manufacturers' Association (VAMA), which does not include VinFast and Hyundai, plunged 36% year-on-year to 113,527 in the first five months of 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vehicle sales in Vietnam drop 30% in first 4 months, VinFast EV best seller
Sales by members of the Vietnam Automobile Manufacturers' Association (VAMA), which does not include VinFast and Hyundai, plunged 30% year-on-year to 92,801 in the first four months of 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vehicle sales in Vietnam drop 22% in Q1
Sales by members of the Vietnam Automobile Manufacturers' Association (VAMA), which does not include VinFast and Hyundai, plunged 22% year-on-year to 70,392 in the first quarter of 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vehicle sales in Vietnam drop 25% to 40,354 in first 2 months
The total sales of Vietnam Automobile Manufacturers' Association (VAMA) members, which do not include VinFast and Hyundai, plunged 24.63% year-on-year to 40,354 in January-February.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam vehicle sales drop to 17,314 in Jan
The total sales of Vietnam Automobile Manufacturers' Association (VAMA) members, which do not include VinFast and Hyundai, plunged 44% year-on-year to 17,314 in January, amid the Lunar New Year holiday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Toyota Vietnam has new president
Keita Nakano has been named Toyota Motor Vietnam president, succeeding Hiroyuki Ueda, the Japanese carmaker announced Friday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Toyota Vios, Mitsubishi Expander, Hyundai Accent bestselling vehicles in Vietnam
Toyota Vios, Hyundai Accent, and Mitsubishi Expander were the bestselling vehicles in Vietnam in 2022 with 23,529, 22,645, and 21,983 units, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam vehicle sales rise 33% in 2022
The total sales of Vietnam Automobile Manufacturers’ Association (VAMA) members, which do not include VinFast and Hyundai, increased 33% year-on-year to 404,635 in 2022.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Toyota Vietnam revs up local manufacturing strategy
Toyota Vietnam’s domestic production strategy has made a new step forward as the Japanese carmaker started delivery of a made-in-Vietnam duo to dealerships on Wednesday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Toyota Vios, Mitsubishi Expander bestselling cars in first 11 months
The Toyota Vios and Mitsubishi Xpander were the bestselling vehicles in Vietnam in the first 11 months of this year with 20,765 and 20,127 units, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam automobile sales rise 43% from Jan-Nov
The total sales of Vietnam Automobile Manufacturers’ Association (VAMA) members, which do not include VinFast and Hyundai, increased 43.5% year-on-year to 369,334 in the first 11 months of the year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Toyota Land Cruiser lowest-selling vehicle in October
Except for trucks, buses, and special purpose vehicles, Toyota Land Cruiser recorded the lowest sales in October, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Toyota Vios Vietnam bestseller in first 10 months
Toyota Vios was the best selling vehicle in Vietnam in the first 10 months of the year with 18,780 units, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam automobile sales rise 52% in Jan-Oct
The total sales of Vietnam Automobile Manufacturers’ Association (VAMA) members, which do not include VinFast and Hyundai, increased 52% year-on-year to 332,963 in the first 10 months of the year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam car buyers charged thousands of dollars above sticker prices
Several Ford, Hyundai and Toyota dealers in Vietnam are shocking customers by charging them thousands of dollars more than the sticker price, citing cost of accessories.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Honda stops Brio model sales in Vietnam
The subcompact car Honda Brio will no longer be distributed in Vietnam because it fails to meet Euro 5 emissions standards.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Toyota Vietnam delivers 47% growth in H1 sales
Automaker Toyota Vietnam sold almost 44,000 cars, including Lexus ones, in the first half of 2022, recording a 47% surge year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ministry to reap massive dividend from machinery firm VEAM
The Ministry of Industry and Trade will net at least VND4,746 billion ($204 million) from 2021’s dividend payments by Vietnam Engine and Agricultural Machinery Corp. (VEAM), which holds major stakes in carmakers Honda Vietnam, Toyota Vietnam, and Ford Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
- Most Read
Vietnamese dong to slide further 1% by year-end: Bank of America
Banking - Update 4 day ago
Vietnam industrial production expands 6% in Jan-April
Economy - Update 2 day ago
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
