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Update news Manufacturers
Vietnamese manufacturers must enhance their online platforms to increase their adaptability to disruptions and gain access to buyers in both traditional and new markets amid the COVID-19 pandemic, experts have said.
VietNamNet Bridge – The members of the Vietnam Automobile Manufacturers’ Association now tend to import cars from AFTA countries for domestic sale instead of assembling cars themselves.
VietNamNet Bridge – Yamaha, Suzuki, SYM and Piaggio are always the first manufacturers that introduce new motorbike models, but Honda’s products have been dominating the market.
A lot of automobile manufacturers are considering stopping assembling cars in Vietnam and shifting to distribute cars in the market. If so, Vietnam would not have its automobile industry, and the forecast car price reductions would be far away.
VietNamNet Bridge – Vietnam, which lists itself among the biggest instant noodle consumers in the world, has become a lucrative market for the investors from all over the world.
A lot of drastic measures, administrative, economic, technical, would be taken to gradually reduce the number of motorbikes in circulation throughout the country.
The total revenue of the Vietnamese household use porcelain market is estimated at 5.6 trillion dong. Meanwhile, domestic manufacturing workshops can hold just 30 percent of the market share.