Difficulties forecast for year-end auto market The Vietnamese auto market was thriving earlier this year due to the initial success in the prevention and control of the Covid-19 pandemic, as well as discounts and stimulus programs. According to the Vietnam Automobile Manufacturers’ Association (VAMA), sales of automobiles increased by 62 percent month-on-month to more than 19,000 units in May, and 26 percent month-on-month to over 24,000 units in June. The July figure improved further thanks to 50 percent cut in registration fee. … [Read more...] about Vietnam auto market rolls out huge discounts
