Car sales dropped sharply by 40 percent in Q1 2020 as several industries cannot reach agreement on solutions to develop the automobile industry.
Automaker Nissan Vietnam has declared a temporary shutdown as from April 5 amid the complex developments of the COVID-19 pandemic.
The warnings about bad air quality in Hanoi and HCM City given by forecasting centers in late 2019 could lead to a stronger electric motorbike market.
The Vietnam Association of Motorcycle Manufacturers (VAMM) reported gloomy figures for the last months of 2019, a time when the industry typically expects a boom in sales revenue.
Thousands of fake motor parts imitating the two leading motorcycle manufacturers Honda and Yamaha were found by Lang Son province authorities, showing that counterfeit and fake goods are growing into a serious social issue.
The Vietnam Motor Show 2019 (VMS 2019) will be held at the Saigon Exhibition and Convention Centre from October 23-27.
The Vietnamese electric motorbike market is seeing the participation of more and more domestic and foreign manufacturers.