Vietnam’s car market set for booming by year-end
The fact that the pandemic has somehow been subdued and many provinces/cities are reopening are factors to support the recovery of the car industry.
Car Market
Vietnam car market stays quiet ahead of Tet festival
The low sale volume was due to difficult economic conditions that forced customers to tighten spending.
Car sales in Vietnam surge 15% in October
Car sales in Vietnam in the January–October period dropped 18% year-on-year to 212,409 units across all segments.
Car sales in Vietnam up 12% y/y in 2019
The year of 2019 was a difficult period for Vietnam’s auto market, but also marked positive performances of most local car producers.
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