Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Vietnamese total auto sales in September increased by 32pc to an all-year high of 27,252 units from August, according to media reports citing the Vietnam Automobile Manufacturers Association. August had witnessed a surge of new COVID-19 cases across the country.


New passenger car sales in September rose by 34pc to 20,630 units, while sales of commercial vehicles like trucks and buses stood at 6,396 units, up by 29pc from August.


Special-purpose vehicle sales declined in September by 16pc to 226 units from the prior month.


In the Jan-Sep period, Vietnamese auto sales fell by 22pc to 179,155 units from the prior-year period due to social distancing measures in Q2 to curb the Coronavirus pandemic.


Passenger car sales in the same period declined by 23pc to 130,324 units, while commercial vehicles stood at 46,183 units, down by 20pc from the prior-year period.


Special-purpose vehicles in the first nine months declined by 36pc to 2,648 units from the prior-year period, while domestically-produced and imported vehicle sales plummeted by 17pc and 33pc, respectively.


In the same period, Vietnam imported vehicles and auto parts worth over $4.1bn, down by 24.5pc from the prior-year period, as per the Ministry of Industry and Trade.

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