Members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold a total of 667,360 motorcycles in the second quarter of 2021, a year-on-year rise of 28.65 percent.
Hanoi (VNA) - Membersof the Vietnam Association of Motorcycle Manufacturers (VAMM) sold a total of 667,360motorcycles in the second quarter of 2021, a year-on-year rise of 28.65 percent.
Five VAMM members - Honda, Yamaha, Piaggio, Suzuki, and SYM - are producing anddistributing nearly 100 models of motorbikes, from middle-end to high-end andluxurious vehicles.
Honda Vietnam, which is manufacturing and distributing 29 types ofmotorbikes, accounts for about 80 percent of the market share.
It sold 149,853motorbikes in June, down 16.9 percent month on month and 14.2 percent year onyear.
Wave Alpha was the bestseller, with 32,578 units, or 21.7 percent of the total,while Vision was the most popular scooter, with 38,542 units delivered, or 25.7percent.
Besides domestic sales, some member units of VAMM alsoexport their completed motorcycle products to many countries and territories.
Notably, Honda Vietnam exported 17,151 motorbikes to foreign markets./.
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.
The Vietnam Association of Motorcycle Manufacturers (VAMM) has said its five members, namely Honda, Piaggio, Suzuki, SYM, and Yamaha, sold over 3.25 million motorbikes in 2019, a year-on-year decline of 3.87 percent.
The five members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold 731,077 vehicles in the first quarter of 2020, down 3.03 percent year on year.
The Vietnam Association of Motorcycle Manufacturers (VAMM) has said its five members, namely Honda, Piaggio, Suzuki, SYM, and Yamaha, sold 518,920 motorbikes in the second quarter of 2020, a year-on-year drop of 30.77 percent.
Owners of motorbikes more than 18 years old and failing to meet emission standards in Hanoi may receive a subsidy to purchase a new bike under a programme proposed by the city’s Department of Natural Resources and Environment.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
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Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
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PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
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An assembling chain of Honda Vietnam (Photo: VNA) 
