Eurocham

By improving product quality, branding and packaging, and optimising the production process, manufacturing enterprises could lower production costs, thus promoting consumer purchasing power, Jean Jacques Bouflet, deputy chairman of EuroCham in Việt Nam, said. — VNS Photo Văn Châu HCM CITY — The EU-Việt Nam Free Trade Agreement would provide a big impetus to Việt Nam's exports to the EU and be key to Vietnamese companies penetrating one of the largest and most lucrative markets in the world, experts have said. Jean Jacques Bouflet, deputy chairman of EuroCham in Việt Nam, said Việt Nam is only the second country after Singapore in Southeast Asia that has “privileged access” to Europe’s 500-million consumer market following the signing of the agreement in June.   Việt Nam is among the top 10 exporters to the EU. It is the EU’s second biggest trade partner … [Read more...] about Identifying opportunities for Vietnamese firms in the context of EU trade deal

With 3.3 million motorbikes bought each year, the fourth largest market in the world for motorbikes continues to grow, with manufacturers launching new models into the Vietnamese market. The Vietnam Association of Motorbike Manufacturers (VAMM) says that 3,386,097 motorbikes were sold in 2018, an increase of 3.5 percent over 2017. In Q1 2019, the total number of products sold by its five members, namely Honda, Yamaha, Suzuki, SYM and Piaggio, were 753,934, of which the sale of Honda accounted for 74.6 percent. These figures were released by foreign invested motorbike manufacturers in Vietnam. Other brands also have products sold in the market, from popular brands such as Kymco to better known ones such as Kawasaki. Soon after launching Freego, a scooter model for men in mid-May, in early June, Yamaha Vietnam introduced Latte 125 cc for women. The Italian manufacturer Piaggio introduced Vespa Sprint S and Vespa Primavera. In early June, it once again launched new models – Piaggio … [Read more...] about Vietnam motorbike market remains healthy