Vietnam Car Sales Surge 83%

Sales of car in Vietnam increased from 49,240 in 2006 to 26,934 so far in 2007, according to the Vietnamese Automobile Manufacturers' Association (VAMA). This is an 83% increase.

Passenger car sales between January and September were reported at 10,882 vehicles, a rise of 145%.

The biggest rise belonged to Japan's Honda which sold 2,729 locally assembled vehicles, up 858% from last year. Next in the list was Vidamco, a joint venture between South Korean GM Daewoo and a Vietnamese company with a 305% rise in sales.

In September alone, VAMA members sold 7,683 units, up by 99% against the same month of 2006.

Copyright Agence France-Presse, 2007