Vietnam Auto Market Dips in August Amid 'Ghost Month' Buying Hesitation
Economy

Vietnam Auto Market Dips in August Amid 'Ghost Month' Buying Hesitation

Vietnam's automotive sales plummeted 17% month-on-month to 48,484 units in August, the second-lowest figure of the year, largely attributed to consumer hesitation during the traditional 'Ghost Month' (Tháng Ngâu). Despite the monthly dip, cumulative sales for the first eight months rose 26.4%, with VinFast being the primary growth driver.

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