Car sales up in April

April was a positive month for Vietnam’s auto sales, though carmakers have claimed difficulties conducting business in the country's unstable and undeveloped automobile industry.
April was a positive month for Vietnam’s auto sales, though carmakershave claimed difficulties conducting business in the country's unstableand undeveloped automobile industry.

The month'ssales figures released by the Vietnam Automobile ManufacturersAssociation (VAMA) showed that nearly 18,200 units were sold in thedomestic market, marking an increase of 11 percent from March this yearand 60 percent from the same period last year.

Atotal of 9,423 passenger cars and 8,755 commercial vehicles were sold inApril. Domestic carmakers assembled 13,980 units, 9 percent higher thanthe previous month, while 4,198 units were imported, a rise of 19percent compared with the month before.

The Aprilfigures have helped increase the total sale of more than 66,900 units inthe first four months of this year, up by 62 percent versus last year.

Of the total sales, VAMA members together sold16,643 units, 9 percent and 65 percent more than they did in March thisyear and April last year, respectively. The figures brought the totalsales to 57,477 units in the first four months of this year, 68 percenthigher than the same period last year.

The TruongHai Automobile JSC (Thaco) is one of the major automakers to take thelead in the market; with 36.9 percent market share and selling 21,324cars in the four months, it made a year-on-year gain of 97 percent.

Toyota Motor Vietnam retained its second position with 25.9 percentmarket share and a growth of 43 percent compared with the same periodlast year. Ford Vietnam took the third and Honda managed the fourthposition with 9.7 percent and 4.2 percent market share, respectively.-VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.