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Mai chalau tractor 60 returns of luxury car

/ February 26, 2021

Vietnam enters car consumption boom period

Vietnam aims to obtain a GDP growth rate of 6.5 percent this year and average income per capita of $3,700. With rising incomes, car sales are expected to boom. One report said that 420,000 cars of different kinds were sold in 2020, including 400,000 cars with 16 seats or less, the same as 2019. Vietnam’s car market did not grow in 2020, but did not decrease by 15 percent as previously predicted by VAMA. Car sales dropped sharply in the first half of 2020 when the Covid-19 pandemic broke out. However, the sales went better in the last months of the year thanks to effective control of the pandemic, a 50 percent vehicle registration tax reduction policy, and car price decreases. While some enterprises reported minus growth rates, others still had positive growth rates. VinFast, a newcomer, with 30,000 cars sold in 2020, has successfully taken away market share once held by other manufacturers. SSI has estimated that the automobile market will see a growth rate of 16.3 percent in 2021 as car demand continues to be high. The figure may be 3 percent higher if the Covid-19 pandemic is contained. According to Vietnam Register (VR), there are 34 cars per 1,000 people in Vietnam. The figure is relatively low compared with other regional countries and the world. With average income increasing, cars will turn from a luxury good to a more common consumer good and the market size will increase, offering an opportunity to develop the automobile industry. According to Vietnam Register (VR), there are 34 cars per 1,000 people in Vietnam. The figure is relatively low compared with other regional countries and the world. Businesses believe that B-class sedans will serve as the mainstay to promote the development of the industry. The sales of B-class sedans lead the market with more than 60,000 cars sold in 2020. Despite difficulties caused by Covid-19 in 2020, the market segment still obtained growth. Toyota Vietnam reported that 30,000 Vios were …

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/ March 31, 2020

March 30: Vietnam’s coronavirus cases jump to 203, Bach Mai Hospital count hits 33

The Hanoitimes - So far, 33 infected people are connected with Bach Mai Hospital, including two medical workers. Fourteen out of 15 coronavirus cases confirmed on March 30 in Vietnam were connected with Bach Mai Hospital, bringing the country’s tally to 203. Bach Mai Hospital has closed doors since March 28. Photo: Zing The newly-detected people include a woman returning to the country from Greece, a man who went for checkup at Bach Mai Hospital and 13 workers of Truong Sinh Company that provide catering services for the hospital. The latest cases drive up the number of infections who are linked to Bach Mai Hospital to 33, including two medical workers, statistics by the Ministry of Health showed. On the same day, the ministry announced 39 (infected with the virus from March 6) totally tested negative for the virus. They include Patients No.17, 18, 22, 23, 24, 27, 33, 35, 39, 46, 47, 51, 53, 55, 56, 58, 59, 60, 62, 64, 66, 69, 70, 71, 75, 77, 79, 85, 88, 89, 90, 93, 110, 112, 113, 130, 140, and 187. Patient No.17 was the first case confirmed in Hanoi, marking the start of the second phase of the battle against the virus in Vietnam. Before, 16 people (infected with the virus between January 23 and February 13) had recovered and were discharged from hospital. So far, as many as 55 people have recovered from Covid-19 in Vietnam and no death has been reported. Currently, 148 active cases are under treatment at 22 medical stations across the country. Four medical workers, including two doctors, are in stable conditions. Among more than 22 localities where the virus has been found, Hanoi takes the lead with 88 cases, followed by Ho Chi Minh City with 48 and Vinh Phuc with 11 (all cured). …

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/ February 21, 2021

When will electric cars see a boom in Vietnam?

The slow sales of electric cars indicate that Vietnamese are still hesitating to use this kind of vehicle. The problem is not high price, but concern about operation and local infrastructure such as recharging stations. VinFast announced it has successfully developed three smart SUV electric cars VinFast, the 100 percent Vietnamese-owned automobile manufacturer, announced it has successfully developed three smart SUV electric cars VF31, VF32 and VF33, having a self-propelling feature and using AI. The manufacturer plans to begin taking orders for VF31 standard version from May 2021 and deliver in November 2021. As for VF32 and VF33, it will begin taking orders from September and deliver from February 2022. The Vietnamese electric car market, which began developing several years ago, is expected to warm up in the time to come with the presence of VinFast. Agencies report that car demand in Vietnam is increasing rapidly, and is expected to reach 800,000 cars per annum by 2025 and 1 million cars per annum by 2030. The rapid increase in the number of cars will lead to a high volume of emissions which will pollute the environment. Electric cars will be a good solution, especially in large crowded cities. Three years ago, Mitsubishi Vietnam launched two models – iMIEV and Outlander PHEV. The former used 100 percent electricity, while the latter was a hybrid, using both petrol and electricity. With a full battery, the car could run 60 kilometers. However, they didn't sell well. Porsche Vietnam in October 2020 distributed the electric Taycan model with three versions – Taycan 4S, Turbo and Turbo S. However, only two products were brought to Vietnam and shown at the product introduction ceremony. Fuso, a brand of German Diamler, once had a plan to bring electric vans to Vietnam in 2019, but that has not occurred. A survey by Frost & Sullivan, in Southeast Asia, including Indonesia, Thailand, Malaysia, Vietnam and the Philippines, high prices …

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