Illustrative image (Source: VNA)
Hanoi (VNA) - Vietnam’s first domestic automaker, VinFast, announcedon June 10 that it sold more than 2,160 vehicles during the month of May, withthe hatchback Fadil its most popular model.
May represented not its best monthly sales to date but was also aparticularly encouraging result after a period of production suspension and stagnantbusiness due to COVID-19.
The outcome was attributed to a series of incentives and stimulus programmesintroduced by VinFast during the month.
VinFast boasts a network of service workshops expected to be present inall 63 cities and provinces nationwide by the end of this year.
The Ministry of Industry and Trade said in a recentreport that Vietnam’s auto industry has been one of the key sectors most affectedby the pandemic, with production in the first quarter falling 10.5 percentyear-on-year to 56,200 units while inventories tripled.
Sales totalled 322,322 last year, up 11.7 percent against2018, according to the Vietnam AutomobileManufacturers Association./.
