<p><strong>Following a 42% drop in sales in June due to the removal of the 50% registration tax cut, Vietnam’s auto market in July saw an increase of 20% compared to the previous month.</strong></p>

Following a 42% drop in sales in June due to the removal of the 50% registration tax cut, Vietnam’s auto market in July saw an increase of 20% compared to the previous month.

Domestic auto market rebounds

The Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After more than two decades of development, the group has built a good reputation through four groups of publications about the economy, business, and markets in Vietnamese and one group of English publications for foreign readers.

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Domestic auto market rebounds

Domestic auto market rebounds