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Sales of imported cars reduced sharply in six months

On the list of five best sellers of last month, there was no presence of completely built-up automobiles (CBU).

Auto firms made eloquent appeal for relief action

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.

Heated arguments related to Decree 116 and Circular 03 on auto restrictions

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.

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.

Over twenty thousand cars sold in October showing a rebound in the market

There was a positive sign of the Vietnam automobile industry of which revenue in October 2017 was higher than last month.

86,000 cars sold since early 2017

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.

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