The five members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold 731,077 vehicles in the first quarter of 2020, down 3.03% year on year.
The Vietnam Association of Motorcycle Manufacturers (VAMM) reported gloomy figures for the last months of 2019, a time when the industry typically expects a boom in sales revenue.
Sales of enterprises operating in automobile and motorbikes manufacturing and assembling in the northern province of Vinh Phuc were estimated to exceed 258 million USD since the beginning of 2019, a year-on-year increase of 19 percent.
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.
Authorities of the northern province of Vinh Phuc always support and create the most favourable conditions for Italian firms, especially those operating in producing hi-tech auto accessories and components,to expand investment in the locality, a local leading official has said.
The fourth meeting of the Vietnam-Italy joint committee on economic cooperation between the Vietnamese Ministry of Industry and Trade (MoIT) and the Italian Ministry of Economic Development was held in Hanoi on November 28.
Three leading Vietnamese stylists will compete at the first Vespa Top Stylist Contest held by Piaggio Vietnam.
Foreign motorbike manufacturers have earned billions of dollars in Vietnam, a market with 90 million people and 45 million motorbikes.
Vietnamese companies are showcasing their motorcycle components for the first time at the world’s biggest motorcycle exhibition, EICMA, held in Italy’s Milan from November 17-22.
Italian President Sergio Mattarella’s November 5-8 state visit to Vietnam is intended to enhance the strategic partnership between the two countries in various fields, including politics-diplomacy, defence-security, economics, culture, education, science-technology and tourism.
(VOV) -Vietnam Embassy’s Trade Office in Italy, the General Confederation of Italian Industry (Confindustria), and representatives from different associations have hosted a round-table discussion on how to enhance business cooperation between Vietnamese and Italian business.
Motorcycles manufacturers in Vietnam are trying to survive in the face of a prolonged market slump by introducing more budget units with higher domestic content.
(VOV) - The initial five members of the Vietnam Motorbike Association (VMA) will officially debut the new industry body later in February.
Italy continues to consider Vietnam a priority in its development cooperation policy, Under Scretary of State Staffan De Mistura told his Vietnamese counterpart Bui Thanh Son in Rome.
The new Piaggio Group engine plant officially made its debut in Binh Xuyen industrial park in the northern province of Vinh Phuc on March 1.
A number of Italian businesses attended a seminar in Rome on February 24 to learn about the tools for success in doing business in Vietnam.