VIETNAM: Vehicle sales drop by 25% in February

By: Tony Pugliese | 10 March 2010

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New vehicle sales in Vietnam fell by 25% to 5,030 units in February, reflecting fewer working days due to the Lunar New Year holidays and a market that has begun to feel the effects of the VAT rate increases at the beginning of the year.

New vehicle sales in Vietnam fell by 25% to 5,030 units in February, reflecting fewer working days due to the Lunar New Year holidays and a market that has begun to feel the effects of the VAT rate increases at the beginning of the year.

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