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Sales from locally assembled cars surpassed imported ones in May

According to Vietnam Automobile Manufacturers' Association, sales of complete knocked-down cars was 19,467 units, accounting for nearly 85 per cent of the total market in last month.

VAMA Chairman: "It is forecasted in 2018 the demand for CKD automobile models will increase"

According to Toru Kinoshita, chairman of Vietnam Automobile Manufacturers' Association (VAMA) cum president of Toyota Motor Vietnam, under the impact of some conditions regulated in Decree 116, auto companies may face difficulties and have to postpone Complete Built Up (CBU) importation.

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