2-Wheeler Monthly News Summary – Oct 2022

31 Oct 2022

An overview of October 2022 2-wheeler market and its surrounding economy.


With the pressure of population increase nationwide, especially in big cities, leading to an increase in people’s mobility needs, the government directed big cities like Hanoi to continue researching and promoting the urban railway network. At the same time, it is proposed to collect tolls in the inner city to limit the explosion of private vehicles that adversely affect urban traffic.

Mạng lưới các tuyến đường sắt đô thị của Hà Nội. Đồ hoạ: Tiến Thành

Network of Hanoi Urban railway


Ùn tắc giao thông trên đường Nguyễn Trãi đoạn qua Ngã Tư Sở hồi đầu tháng 8. Ảnh: Ngọc Thành

Traffic jam happening in inner city of Hanoi


Social Trend:

Motorbike will still be the main means of transport, accounting for 70% until 2030 in Vietnam – the second largest market in Southeast Asia, after Indonesia.

Vietnamese tend to prefer Japanese bikes as they believe in quality and durability. Additionally, due to the increase in income, the tendency to use expensive motorbikes increases.

Advanced equipment on motorbikes such as Idling stop, Smartkey, FI, ABS … are popular with users. In addition, recently, the communication feature between motorbikes and users via smartphones has also been noticed: GPS, listen to music, manage calls, check warranty information…

Những tiêu chí lựa chọn xe và xu hướng sử dụng xe thông minh - Ảnh 1.

Motorbike manufacturers from Japan are dominating in Vietnam



Vietnam’s economy continues to be forecasted to have impressive growth while other countries in the world are decreasing, however, it is still more or less affected by global influences such as rising inflation, increasing VND-USD exchange rate…

Vượt dự báo, GDP quý 3/2022 tăng hơn 13% so với cùng kỳ - Nhịp sống kinh tế Việt  Nam & Thế giới

GDP growth 9 months over the years



Yamaha expanded into the scooter segment with large displacement and sporty appearance to compete with Honda SH350 by joining the XMAX 300. This shows that the high-end scooter segment is having more options for customers.

Yamaha XMAX 300 mở bán, lựa chọn khác ngoài Honda SH 350i ...

Yamaha XMAX 300


Honda refreshes the image by continuing to offer more outlook design changes of mid-range scooters such as Vario 125 and SH Mode125.

Honda Vario 125 đời mới xuất hiện tại Việt Nam - Xe máy

New Honda-Vario125 imported from Indonesia


Honda SH Mode 125cc thêm phiên bản, giá tăng nhẹ

New color on Honda-SH Mode 125



Yamaha and Honda continue to promote activities to enhance the brand image of large displacement motorcycles such as: Yamaha held a test drive of the YZF-R15 2022 and Honda displayed large displacement motorcycles at VMS 2022.

Lái thử Yamaha YZF-R15 2022

Test driving of Yamaha YZF-R15 2022



Honda large displacement motorcycles are displayed at Vietnam Motor Show 2022



Electric vehicles continue to be focused on promoting by investors, specifically Vietnam’s largest electric vehicle manufacturer – Vinfast, which improves the capacity of its charging infrastructure by opening charging stations at its petrol stations of Petrolimex, at the same time continues to focus on promoting the mid-price electric motorcycle EVO 200 to the market.

Emerging start-up in Vietnam – DatBike also expands the market by opening an EV showroom in Da Nang city.

Not only electric vehicle manufacturers focusing on “green vehicles”, but the state is also actively participating in this field. Recently, Hanoi city piloted a free EV for passengers to take the BRT bus for transit.

VinFast khai trương trạm sạc xe điện tại cửa hàng Petrolimex anh-8.jpg

Charging stations at its petrol stations of Petrolimex


Dat Bike khai trương cửa hàng tại Đà Nẵng - VnExpress

EV showroom of DatBike in Da Nang


Xe điện phục vụ miễn phí cho khách hàng đi từ điểm buýt BRT tại Aeon mall Hà Đông đến Văn Khê.

Free EV for passengers to take the BRT bus for transit

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