Vietnam's Increasing Self-Sufficiency

January 2007 | Industry Forecast

Data from the Vietnam Automobile Manufacturers Association (VAMA) shows that new vehicle sales by 12 foreign joint ventures in the first 10 months of 2006 were 14.5% lower y-o-y at 24,094 units. VAMA claims that this is because sales of imported second-hand vehicles have not been as high as expected due to tariffs creating high

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