{"id":8093,"date":"2023-08-02T09:51:00","date_gmt":"2023-08-02T00:51:00","guid":{"rendered":"https:\/\/asia-prop.com\/?p=8093"},"modified":"2023-09-28T21:07:15","modified_gmt":"2023-09-28T12:07:15","slug":"sales-of-vehicles-and-motorcycles-in-vietnam","status":"publish","type":"post","link":"https:\/\/asia-prop.com\/en\/column\/sales-of-vehicles-and-motorcycles-in-vietnam\/","title":{"rendered":"Sales of automobiles and motorcycles in Vietnam, Honda has the largest share, Toyota and Suzuki of Japan are also popular"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_36_1 counter-hierarchy ez-toc-counter ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">table of contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of contents\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;\"><svg style=\"fill: #999999;color:#999999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999999;color:#999999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/asia-prop.com\/en\/column\/sales-of-vehicles-and-motorcycles-in-vietnam\/#%E3%83%99%E3%83%88%E3%83%8A%E3%83%A0%E3%81%AE%E8%87%AA%E5%8B%95%E8%BB%8A%E3%80%81%E3%83%90%E3%82%A4%E3%82%AF%E3%81%AE%E8%B2%A9%E5%A3%B2%E5%8F%B0%E6%95%B0%E3%81%AB%E5%A4%89%E5%8C%96\" title=\"Changes in sales of automobiles and motorcycles in Vietnam\">Changes in sales of automobiles and motorcycles in Vietnam<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/asia-prop.com\/en\/column\/sales-of-vehicles-and-motorcycles-in-vietnam\/#%E3%83%99%E3%83%88%E3%83%8A%E3%83%A0%E3%80%81%E8%87%AA%E5%8B%95%E8%BB%8A%E3%81%AE%E8%B2%A9%E5%A3%B2%E5%8F%B0%E6%95%B0%E3%81%AF%E6%B8%9B%E5%B0%91\" title=\"Vietnam, car sales declined\">Vietnam, car sales declined<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/asia-prop.com\/en\/column\/sales-of-vehicles-and-motorcycles-in-vietnam\/#%E3%83%99%E3%83%88%E3%83%8A%E3%83%A0%E3%81%AE%E3%83%90%E3%82%A4%E3%82%AF%E8%B2%A9%E5%A3%B2%E5%8F%B0%E6%95%B0\" title=\"Motorbike sales in Vietnam\">Motorbike sales in Vietnam<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"%E3%83%99%E3%83%88%E3%83%8A%E3%83%A0%E3%81%AE%E8%87%AA%E5%8B%95%E8%BB%8A%E3%80%81%E3%83%90%E3%82%A4%E3%82%AF%E3%81%AE%E8%B2%A9%E5%A3%B2%E5%8F%B0%E6%95%B0%E3%81%AB%E5%A4%89%E5%8C%96\"><\/span><span style=\"font-size: 24pt;\"><span style=\"font-weight: 400;\">Changes in sales of automobiles and motorcycles in Vietnam<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span style=\"font-size: 18pt;\"><span style=\"font-weight: 400;\">Vietnam&#039;s car sales increase, motorcycle sales decrease (1st quarter of 2019)<\/span><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Vietnam saw a sharp increase in imported vehicle sales in the first quarter of 2019, resulting in an increase in overall vehicle sales while decreasing motorcycle sales. According to the Vietnam Automobile Manufacturers Association (VAMA), vehicle sales in the first quarter increased 31% year-on-year to 78,252 units. 75% of them are passenger cars, up 48% year-on-year.<\/span><\/p>\n<h3><span style=\"font-weight: 400; font-size: 18pt;\">Imports and sales of Vietnamese motorcycles, Honda, Suzuki, etc. have increased, while those made in Vietnam have decreased<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Import sales of finished vehicles jumped 2.3 times, while local production sales fell by 8%. According to the Vietnam Motorcycle Manufacturers Association (VAMM), total motorcycle sales including Honda, Piaggio, Suzuki, SYM and Yamaha fell 6.1% to 735,934 units. Honda has a 75% market share.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E3%83%99%E3%83%88%E3%83%8A%E3%83%A0%E3%80%81%E8%87%AA%E5%8B%95%E8%BB%8A%E3%81%AE%E8%B2%A9%E5%A3%B2%E5%8F%B0%E6%95%B0%E3%81%AF%E6%B8%9B%E5%B0%91\"><\/span><span style=\"font-weight: 400; font-size: 24pt;\">Vietnam, car sales declined<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" width=\"900\" height=\"600\" src=\"http:\/\/asia-prop.com\/wp-content\/uploads\/2019\/07\/toyota-vietnam.jpg\" alt=\"toyota vietnam\" class=\"wp-image-8115\" srcset=\"https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/07\/toyota-vietnam.jpg 900w, https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/07\/toyota-vietnam-300x200.jpg 300w, https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/07\/toyota-vietnam-768x512.jpg 768w, https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/07\/toyota-vietnam-150x100.jpg 150w, https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/07\/toyota-vietnam-488x326.jpg 488w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/figure>\n\n\n\n<h3><span style=\"font-weight: 400; font-size: 18pt;\">Vietnam, car sales trends<\/span><span style=\"font-weight: 400; font-size: 18pt;\">(April 2019)<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The number of cars sold was 27,197 units in April 2019, down 29% from the previous month, compared to 38,369 units sold in March. The most popular automobile brands in Vietnam are Toyota, the leading automobile manufacturers in Vietnam, Truong Hai Auto Corporation (Thaco), KIA, Mazda and Peugeot.<\/span><\/p>\n<h3><span style=\"font-weight: 400; font-size: 18pt;\">Sales of popular Toyota models also decreased<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Toyota&#039;s unit sales decreased 54% to 4,188 units. The company&#039;s popular model, the Vios, sold only 1,115 units compared to 3,161 units in March. Industry officials report that Toyota Vios and Toyota Wigo compact cars have plummeted in the face of intensifying competition between relatively affordable Thaco and Hyundai. We have succeeded in selling car accessories with SUVs such as Hyundai, Tucson and Santa Fe.<\/span><\/p>\n<p>&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/asia-prop.com\/en\/column\/bike-market-vietnam-honda-yamaha-piaggio\/\"><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/asia-prop.com\/wp-content\/uploads\/2019\/04\/Bikers-on-the-street-1024x768-1-1024x768.jpg\" alt=\"\" class=\"wp-image-6353\" width=\"343\" height=\"257\" srcset=\"https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/04\/Bikers-on-the-street-1024x768-1.jpg 1024w, https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/04\/Bikers-on-the-street-1024x768-1-300x225.jpg 300w\" sizes=\"(max-width: 343px) 100vw, 343px\" \/><\/a><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/asia-prop.com\/en\/column\/bike-market-vietnam-honda-yamaha-piaggio\/\">Vietnam motorcycle market growth<\/a><\/figcaption><\/figure><\/div>\n\n\n<h2><span class=\"ez-toc-section\" id=\"%E3%83%99%E3%83%88%E3%83%8A%E3%83%A0%E3%81%AE%E3%83%90%E3%82%A4%E3%82%AF%E8%B2%A9%E5%A3%B2%E5%8F%B0%E6%95%B0\"><\/span><span style=\"font-weight: 400; font-size: 24pt;\">Motorbike sales in Vietnam<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span style=\"font-size: 18pt;\"><span style=\"font-weight: 400;\">Vietnam motorcycle sales<\/span><\/span><span style=\"font-size: 18pt;\"><span style=\"font-weight: 400;\">Decrease<\/span><\/span><span style=\"font-size: 18pt;\"><span style=\"font-weight: 400;\">(<\/span><span style=\"font-weight: 400;\">(First half of 2019)<\/span><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In the first half of 2019, the number of motorcycles sold in Vietnam decreased by 6% year-on-year to 1.5 million units. The Vietnam Motorcycle Manufacturers Association (VAMM) recorded 4.49% of the country&#039;s top five popular brands sold 749,516 units in the second quarter of this year, down 4.39% year-on-year.&nbsp;<\/span><\/p>\n<h3><span style=\"font-weight: 400; font-size: 18pt;\">Honda&#039;s popularity in Vietnam&#039;s motorcycle sales volume, top share<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Together, five brands, including Honda, Piaggio, Suzuki, SYM and Yamaha, make up about 95 percent of the motorcycle market. Honda currently holds almost 77% of the market share, increasing its share by 4.5% since the end of June last year. On the other hand, the other four companies could not expand their market share.<\/span><\/p>\n<h3><span style=\"font-weight: 400; font-size: 18pt;\">Trends in motorcycle sales in Vietnam<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">2018 sales in Vietnam were the fourth largest motorcycle market in the world after India, China and Indonesia. Last year, Vietnam had the highest percentage of new motorcycle purchases, recording 35,000 per million.<\/span><span style=\"font-weight: 400;\">Last year, India sold 21.5 million new motorcycles, followed by China with 15.5 million, and Vietnam ranked fourth with 3.4 million.<\/span><\/p>\n\n\n\n<figure class=\"wp-block-embed-wordpress wp-block-embed is-type-wp-embed is-provider-\u30db\u30fc\u30c1\u30df\u30f3\u306e\u4e0d\u52d5\u7523\u306e\u8cfc\u5165\u30fb\u6295\u8cc7\u30fb\u58f2\u5374\u30fb\u8cc3\u8cb8\uff5c\u9234\u6728\u4e0d\u52d5\u7523\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"gg8P6RoPUm\"><a href=\"https:\/\/asia-prop.com\/en\/column\/bike-market-vietnam-honda-yamaha-piaggio\/\">Vietnam Motorcycle Market Growth \uff5c Honda, Yamaha, Piaggio<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"\u201cVietnam Motorcycle Market Growth \uff5c Honda, Yamaha, Piaggio\u201d \u2014 Ho Chi Minh City Real Estate Purchase \/ Investment \/ Sale \/ Rent | Suzuki Real Estate\" src=\"https:\/\/asia-prop.com\/column\/bike-market-vietnam-honda-yamaha-piaggio\/embed\/#?secret=3TuYQRPMYs#?secret=gg8P6RoPUm\" data-secret=\"gg8P6RoPUm\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<div class=\"call-to-action\">\n<p><span style=\"color: #000000;\"><span class=\"cta1\">About Suzuki Property Vietnam Co., Ltd in Ho Chi Minh City<\/span><\/span><\/p>\n<\/div>\n<p>We support clients to buy and rent real estate (condominiums, serviced apartments, offices, business land) in Ho Chi Minh. We also provide you with the latest information about Ho Chi Minh City and Vietnam through the internet.<\/p>\n<p>If you have any questions or requests, including condominium and property information, as well as local information about Ho Chi Minh City, please feel free to contact us.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:5px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"is-content-justification-center is-layout-flex wp-container-1 wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/asia-prop.com\/en\/contact\/\" style=\"border-radius:10px;background-color:#ffa41c\">Inquiries about Condominiums for rent (free)<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-embed-wordpress wp-block-embed is-type-wp-embed is-provider-\u30db\u30fc\u30c1\u30df\u30f3\u306e\u4e0d\u52d5\u7523\u306e\u8cfc\u5165\u30fb\u6295\u8cc7\u30fb\u58f2\u5374\u30fb\u8cc3\u8cb8\uff5c\u9234\u6728\u4e0d\u52d5\u7523\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"WHPlgQWcGD\"><a href=\"https:\/\/asia-prop.com\/en\/column\/vingroups-vinfast-manufactures-3000-electric-buses\/\">Vin Group&#039;s automotive division VinFast manufactures 3000 electric buses!<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"\u201cVinFast, the automotive division of Vin Group, will manufacture 3,000 electric buses!\u201d \u2014 Purchase, investment, sale, and rental of real estate in Ho Chi Minh | Suzuki Real Estate\" src=\"https:\/\/asia-prop.com\/column\/vingroups-vinfast-manufactures-3000-electric-buses\/embed\/#?secret=iJpVfnAQrt#?secret=WHPlgQWcGD\" data-secret=\"WHPlgQWcGD\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":8113,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"categories":[68,144],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/8093"}],"collection":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/comments?post=8093"}],"version-history":[{"count":45,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/8093\/revisions"}],"predecessor-version":[{"id":119461,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/8093\/revisions\/119461"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/media\/8113"}],"wp:attachment":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/media?parent=8093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/categories?post=8093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/tags?post=8093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}