Honda Vietnam sold 2.6 million motorbikes in the 2020 financial year, a year-on-year increase of 0.5%.
Honda Vietnam’s motorbike and automobile sales in April plunged 72% and 52% year-on-year, respectively, due to the COVID-19 pandemic, Head of its External Relations Division Nguyen Huy Trung said.
Honda Vietnam said the company plans to shift from manufacturing to importing vehicles due to manufacturing interruptions and market stagnation caused by the COVID-19 pandemic.
Honda Vietnam announced on late April 22 that it will resume the production of automobiles and motorbikes from April 23 after 22 days of suspension to prevent the COVID-19 pandemic.
Toyota Vietnam and Honda Vietnam posted the best car sales in March among members of the Vietnam Automobile Manufacturers Associations (VAMA) though both reported year-on-year drops in this regard.
Honda Vietnam (HVN) has become the fourth automaker in Vietnam to suspend production and assembly of cars and motorbikes over the concerns of the COVID-19 pandemic.
Thousands of workers in the Mekong Delta city of Can Tho were presented with antibacterial face masks on February 15 as part of a programme that aims to raise public awareness of the acute respiratory disease caused by the novel coronavirus (COVID-19).
Over 1.93 million standard helmets will be presented to first grade students in the 2019-2020 academic year as announced at a ceremony held in Hanoi on June 12.
VOV.VN -Honda Vietnam has signed a contract to become the main sponsor of the men’s and women’s national football teams as well as for the U23 team for the next two years.
Vinalines Logistics Vietnam Joint Stock Company (Vinalines Logistics) will improve logistics services and expand operational network in a bid to realise its target of attaining at least 10 percent in profit growth.
The Vietnamese motorcycle market in 2018 broke its sales record set seven years ago with nearly 3.4 million units sold for a year-on-year increase of 3.5 per cent.
The Traffic Police Department under the Ministry of Public Security and Honda Vietnam will join hands in implementing traffic safety activities for the 2019-2021 period under a cooperation programme signed on January 21.
Having expanded by 13 times in the last 20 years, the domestic motorbike market remains hot with new models equipped with the most advanced technologies launched every year.
The 1,000 biggest tax payers in Vietnam in 2017 contributed more than VND110 trillion (US$4.72 billion) to the State budget, increasing 8.45% from the previous year, and accounting for 63% of total tax contributions.
The success of automobile manufacturers is determined not only by product quality and design, but also by distribution networks and post-sale services.
The motorbike market of Vietnam has recorded positive growth in recent years, despite being forecast to enter a saturation period by the Vietnam Association of Motorcycle Manufacturers (VAMM) two years ago.
The Vietnam Association of Motorcycle Manufacturers (VAMM) has reported that its members sold 783,940 motorbikes of all kinds in the second quarter of 2018, up 6.1% against the same period last year.
All 1st grade pupils nationwide will be gifted helmets in the 2018-2019 academic year under a programme funded by Honda Vietnam.
Car dealers and buyers are ‘holding their breath’ before January 1, 2018, when car prices are expected to see big fluctuations.
The Vietnam Association of Motorcycle Manufacturers (VAMM)’s five members sold over 1.5 million vehicles in January-June 2017, representing a year-on-year rise of 6%.