Auto sales climb 29pc in April

May 16th at 13:28
16-05-2014 13:28:41+07:00

Auto sales climb 29pc in April

Vietnam auto sales jumped 29% year-on-year as the auto industry sold more than 11,340 cars, trucks and multipurpose passenger vehicles in April, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

This is the second month sales have surpassed 11,000 vehicles this year and represents the 13th consecutive month that sales have trended upwards and outpaced the prior year.

More than 41,300 cars, trucks and multipurpose passenger vehicles were sold over the past months representing a year-on-year increase of 48% and 24% for small cars and trucks, respectively.

VAMA reports that the auto industry is keeping on track to sell a record setting 125,000 units by the end of 2014.

vir



NEWS SAME CATEGORY

SBV to resume gold auctions if demand increases

A State Bank of Vietnam (SBV) official said that the central bank would resume gold auctions if the demand surges in the local market.

Plastic sector targets export growth

Viet Nam's plastics exports were expected to increase between 13.5 and 16.5 per cent this year, thanks to efforts by domestic producers to improve product quality.

VN shrimp exports to US jump in Q1

Vietnamese shrimp exports to the US registered impressive growth in the first quarter of this year due to zero tax and competitive pricing.

Gold prices rise as uncertainty grows

Gold prices rose to their highest in a month in the local market, by yesterday afternoon.

Animal feed makers face fierce competition

Local animal feed companies are unable to compete with foreign rivals on the local animal feed market, said experts.

Coal producer sees struggle ahead for second quarter

The Viet Nam National Coal and Mineral Industries Holding Corporation (Vinacomin) has urged members to fully exploit market conditions, as coal consumption in the...

VN gold rises despite global fall

The world gold price fell to its lowest level in a week yesterday, while the local gold price rose steadily in the Vietnamese market.

VN organises cashew-themed ‘rendezvous'

The Vietnam Cashew Association (Vinacas) will organise an international conference on the development of the cashew industry in Ba Ria - Vung Tau Province from May...

Gov't sets VietGap deadline for tra fish breeders

Tra fish breeders must adopt Vietnamese Good Agriculture Practices (VietGap) or abide by international certifications suitable to Vietnamese law by the end of next...

Cooling-product sales heat up

Purchases of air conditioners, refrigerators, electric fans and other electrical products to ward off the summer heat soared during the past two months in HCM City.

Commodity prices


MOST READ


Back To Top