Car sales in Vietnam were down 9 percent in August according to the Vietnam Automobile Manufacturers Association (VAMA) and reported by Vietnam News. The outlet notes a broader economic downturn and constraints on consumer spending are part of the reason, but also that these numbers coincide with the month of the ghost on the lunar calendar which runs from the 16th of August to the 14th of September this year. In the month of the ghost it’s typical for Vietnamese to avoid major purchases.
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Car sales drop in Vietnam in August partly because it’s ghost month
Vietnam News Today, April 17 2026, Business & Economy
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This is an interview with Hugo Bosch, host of Ho Chi Minh Securities’ Emerging Asia Podcast, about the impact the conflict in the Middle East is having on Vietnam’s stock market.
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