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Update news vietnam's motorbike industry
Vietnam can achieve carbon neutrality by 2050, according to a report released by the Electricity and Renewable Energy Authority (Ministry of Industry and Trade - MOIT) and the Danish Energy Agency.
An estimated 280,500 motorcycles were manufactured domestically in August, a 30.9 per cent increase year-on-year, highlighting the positive growth of Việt Nam’s motorcycle manufacturing sector.
Motorbike sales continued to decrease sharply in the second quarter compared with the same period last year, despite sale promotions over many months.
VN’s motorcycle market stumbled in the first three months of 2023 as demand dropped. The market had an impressive 2022 with sales of 3.38 million units following a two-year slump due to the COVID-19 pandemic.
The production volume of assembled motorbikes in Vietnam in 2022 amounted to 3.32 million, indicating a slight increase of 9.9% in comparison to last year’s figure.