As car imports slow, sales of domestically assembled cars go up

As car imports slow, sales of domestically assembled cars go up

Foreign-invested auto enterprises in Vietnam have canceled orders for imports from Thailand and Indonesia because they still cannot get certificates from agencies of export countries, as required by Decree 116, according to Pham Anh Tuan from the Vietnamese Auto Manufacturers Association (VAMA).
ASEAN-made car imports to Vietnam rise sharply over tax cut

ASEAN-made car imports to Vietnam rise sharply over tax cut

Members of the Vietnam Automobile Manufacturer Association (VAMA) have enjoyed steady sales growth in the 17-month period ending in August, but this is not good news for local car assemblers.