Vietnam auto market posts second straight month of sales growth
Hanoi, Aug. 12 -- Vietnam's auto market continued its recovery in July, with total sales reported by members of the Vietnam Automobile Manufacturers' Association (VAMA) reaching 33,707 vehicles, up 8% from the previous month and 6% year-on-year.
The figure, released by VAMA on August 11, marked the second consecutive month of month-on-month sales growth.
Passenger cars accounted for 25,190 units, up 20% from June, while commercial vehicles fell 17% to 7,888 units. Sales of special-purpose vehicles rose 10% to 629 units.
Imported completely-built-up (CBU) vehicles continued to outperform domestically assembled models. CBU sales reached 19,909 units in July, up 9% from the previous month, while domestically produced and assembled vehicle...
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