Toyota's market share rose to nearly 25 percent in August after ranging around only 21 percent for months.
The total number of imported automobiles handed over to customers reduced by up to 45 per cent in the first seven months of this year, compared to the same period of last year.
On the list of five best sellers of last month, there was no presence of completely built-up automobiles (CBU).
The Vietnamese automobile market is said not to be really stable because of negative impacts incurred by requirements of Decree No.116/2017/ND-CP, threatening security of thousands of jobs.
The Decree No. 116/2017/NĐ-CP and the Circular No.03/2018/TT-BGTVT have recently created a controversy among domestic assemblers, producers and importers.
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.
There was a positive sign of the Vietnam automobile industry of which revenue in October 2017 was higher than last month.
Truong Hai Auto Corporation (Truong Hai Auto) continues to take the lead of Vietnam automobile market with the sales of 32,000 vehicles, accounting for nearly 40% of the market share.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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