Motorcycle sales in 2018 broke the record set seven years ago (3.3 million) with nearly 3.4 million vehicles sold in the domestic market during the year.
Hanoi (VNA) – Motorcycle sales in 2018 broke the record set seven yearsago (3.3 million) with nearly 3.4 million vehicles sold in the domestic market duringthe year.
Accordingto the Vietnam Association of MotorcycleManufacturers (VAMM), its five members enjoyed total sales of more than 3.38million vehicles of all kinds, up 3.5 percent year on year, surpassing theprevious record of 3.3 million vehicles in 2011.
Averagely, more than 282,000 vehicles were sold each monthand nearly 9,300 each day in 2018 in Vietnam.
The statistics did not include sales of firms which are notmembers of VAMM.
Last year, the domestic motorcycle market saw the engagementof various foreign brands such as Ducati, Kawasaki, BMW, KTM, Benelli, Peugeotand Harley-Davidson, and Vietnamese new-comer Vinfast.
Currently, VAMM has five members of Honda, Yamaha, Suzuki,Piaggio and SYM. Japanese firm Honda owns over 70 percent of the country’smarket, providing 24 motorcycle models. Meanwhile, Yamaha has 12 models,Piaggio sells 12, and Suzuki and SYM contribute 13 and 19 models, respectively.
According to VAMM Chairman Yano Takeshi, the Vietnamesemotorcycle market has entered a saturation period with consumers preferring automaticmotorbikes which are accounting for 45 percent of the market shares andexpected to continue booming in the future.
However, due to the typical urban transport system of Vietnamwith small streets and alleys, while public transport only meets a small partof travelling demands, motorbikes will continue to be the major means oftransportation, experts said.-VNA
Automaker VinFastm a subsidiary of Vingroup, has launched its first e-scooter model at the opening ceremony of its factory in the northern city of Hai Phong.
The Vietnam International Bicycle Exhibition (Vietnam Cycle) 2018 and the Vietnam International Sport Show 2018 will take place in Hanoi from November 15-18.
The sixth Vietnam International Bicycle Exhibition (Vietnam Cycle) 2018 opened in Hanoi on November 15, introducing over 100 of the latest bicycle models and spare parts produced by Vietnam and other countries, including Malaysia, Thailand, and China.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative image (Source: VNA) 
