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Hyundai Creta returns to domestic assembly after discontinuing import

June 05, 2023 – Earlier, the distributor of the Hyundai Creta model announced plans to switch to assembling this model instead of importation as before.

Honda recalls Civic Hybrid with warning system defect

Jun 05, 2023 – The Japanese automaker called to repair 164 Civic hybrids due to a software bug that caused the error light on the vehicle to disappear when switching driving modes.

Hyundai Palisade 2024 SUV adds 2 new versions

Jun 5, 2023 – In addition to the two new LeBlanc and Calligraphy Black Edition versions, Hyundai Palisade 2024 is also enhanced with standard equipment.

Honda BR-V to sell in July, competing with Mitsubishi Xpander

Jun 04, 2023 -The Japanese brand confirmed to sell the small MPV model BR-V imported from Indonesia under two versions L and G; dealers quoted a price of about 700 million VND.

Audi recalls A6, A7 in Vietnam due to faulty information control box

May 29, 2023 – Audi Vietnam conducts a recall program to check and install protective pads on 249 A6 and A7 cars manufactured from 2019 – 2022.

New generation BMW 5 series priced from 57,900 USD

May 26, 2023 – Series 5, for the first time, has an all-electric version, hands-free driving technology on the highway, and automatically changing lanes in the direction of the driver’s view.

Recalling over 200 Mercedes GLE cars in Vietnam

May 26, 2023 – 210 GLE units imported from Germany have their drainpipe of the air conditioning system installed incorrectly, risking water entering the car.

Recall of Bentley luxury car at risk of fire in Vietnam

May 23, 2023 – Recalls have been made for 2 vehicles Bentley Continental GT, GT Convertible and Flying Spur to replace water pumps for affected vehicles.

Volkswagen ID. Buzz – minivan of the electric vehicle era

Jun 04, 2023 – The pure electric minivan model will be sold from 2024, marking the return of the microbus line after 20 years of absence with a new style.

Famous truck brands in the world

Mar 20, 2023 – In addition to Sweden’s Volvo, America’s Freightliner and Kenworth or Russia’s Kamaz, the world has many other long-standing truck brands.

Ford Ranger Raptor 2023 priced from VND 1.3 billion in Vietnam

Mar 13, 2023 – On March 10, Ford officially introduced the new generation Ranger Raptor. This is the second generation of high-performance, off-road vehicles, which have always been a standard symbol of Ford’s leading pickups.

Toyota Hilux returns to Vietnam from March 2023 with the highest expected price in the segment

Jan 09, 2023 – Information from dealers said that Toyota Hilux will continue to be distributed in the Vietnamese market from the beginning of this year, after nearly a year of stopping sales due to not meeting Euro 5 emission standards.

ADB raises Vietnam’s economic growth forecast for 2022

Dec 16, 2022 – The Asian Development Bank (ADB) has just raised its forecast for Vietnam’s economic growth in 2022 but lowered its forecast for GDP growth in 2023.

USD exchange rate rockets

Oct 20, 2022 – On Oct 19, the USD price in the banking and free market continued to increase by 100-120 VND compared to the day before to a new record of 24,620 and 24,700 VND, respectively.

Exemption from registration for new cars, extension of registration cycle for used cars

Mar 27, 2023 – From March 22nd, new vehicles are exempt from registration for the first time; Family vehicles, personal vehicles under 7 years are extended the inspection cycle to 24 months.

Proposal to issue and manage license plates by vehicle owner’s identification number

Mar 27, 2023 – The Ministry of Public Security has just completed a draft proposal to issue and manage license plates of motorcycles and cars by vehicle owners’ identification number, which is expected to take effect from July 1st 2023.

Europe divided over the draft banning petrol and diesel vehicles

Mar 20, 2023 – Germany formed an opposition coalition, while France supported the bill and criticized the move of the neighboring country.

Proposal for increase in driver’s testing fees by 10-15%

22 Jan 2023 – Recently, the Ministry of Finance published a draft regulation on the fee rates, fee collecting regulations, payment, management and usage of driving test fees, certificates of operation on vehicles, and fees for registration and issuance of specialized motorcycles.

Electric car tops sales list for the first time

May 29, 2023 – Tesla Model Y was the best-selling model globally in the first quarter of the year, surpassing Toyota Corolla and RAV4.

Americans use cars for the longest duration

May 23, 2023 – For the 6th consecutive year, the average age of cars has set a new milestone of 12.5 years, which has significant impact the used car market.

Vietnam’s automobile market sale plunges

May 23, 2023 – After two consecutive months of growth, domestic automobile sales in April fell sharply compared to the previous one.

Vietnam’s auto consumption drops in Southeast Asia

May 9, 2023 – By the end of QI-2023, the number of cars sold in Vietnam reached 86,817 vehicles, one level below the Philippines among the markets with the most automobile consumption.

Honda Winner X offers strong discounts

May 10, 2023 – At some dealers, Honda Winner X is tens of million VND lower than the company’s proposed price in order to increase competitiveness with the Yamaha Exciter 155 VVA.

Honda Blade 2023 launched in Vietnam: 3 versions, new stamps added

Apr 03, 2023 – On March 30, Honda Vietnam introduced a new version of the Blade at VND 19.25 million.

Honda Wave 110i imported from Thailand continues to discount

Feb 13, 2023 – Thai-imported Honda Wave 110i is continuously discount, this time by nearly 20 million VND compared to when it arrived in Vietnam.

Honda Vietnam likely to launch all-new Dream 125

Feb 6, 2023 – With the registration of industrial designs in Vietnam, the launch time of this model is likely to arrive soon in 2023.

Honda Forza 350 to be genuinely sold in Vietnam

Jun 05, 2023 – Honda Forza 350 is likely to be officially sold in Vietnam and become the next large displacement scooter model competing with some rivals.

Vespa launches new color collection in Vietnam

Jun 05, 2023 – Vespa Primavera, Vespa Sprint and Vespa GTS have just added impressive new colors, and sports stamps create a unique different look.

Honda ADV160 2024 launched at 105 million VND

Jun 04, 2023 – The new version has several adjustments compared to the current version on the market and improves user experience.

Yadea F 200 ABS – electric motorcycle designed in cooperation with Porsche

Jun 04, 2023 – The new electric motorcycle model is designed in collaboration with Porsche, fitted with an electric motor with a capacity of 14.7 horsepower.

X 440 – Harley-Davidson’s first small-sized motorcycle

May 29, 2023 – The American automaker’s first new 440cc engine, competing with the Royal Enfield Classic 350, will be launched on July 3rd.

Honda Gold Wing 2023 to launch at 1.23 billion VND

May 29, 2023 – The new model for long distance riding is added a new color, unchanged engine and technology and is begun to sale from May 27th.

Ducati Monster 2024 launched with impressive new color

May 29, 2023 – Aside from the color update, the new version is not much different from the version sold on the market.

2024 Ducati SuperSport 950 S launched, bringing new looks

May 20, 2023 – Ducati’s 2024 SuperSport 950 S has tricolor stripes, with a sporty design and ultra-modern equipment.

Honda introduces EM1 e: electric motorcycle to rival Yamaha Neo’s

May 20, 2023 – Possessing a compact design, accompanied by impressive modern equipment, the EM1 e: will bring users a convenient means of transportation on the street.

Yamaha BOOSTER electric scooter launched

May 13, 2023 – Along with outstanding appearance, Yamaha’s new electric scooter also converges many of the company’s leading modern technologies.

The 2nd generation Harley Davidson electric motorcycle released

May 1, 2023 – With incredible power and many modern equipment, LiveWire S2 Del Mar impresses users.

Sales of electric motorcycles bloom in Vietnam amidst gloomy gasoline-based vehicle market

Apr 24, 2023 – While the sales of gasoline-powered motorbikes have declined sharply, the consumption of electric motorbikes still increases sharply.

ADB raises Vietnam’s economic growth forecast for 2022

Dec 16, 2022 – The Asian Development Bank (ADB) has just raised its forecast for Vietnam’s economic growth in 2022 but lowered its forecast for GDP growth in 2023.

USD exchange rate rockets

Oct 20, 2022 – On Oct 19, the USD price in the banking and free market continued to increase by 100-120 VND compared to the day before to a new record of 24,620 and 24,700 VND, respectively.

IMF forecasts Vietnam’s GDP growth amidst Asia’s decline

TTO – International Monetary Fund’s Asian Economic Outlook released on October 11 forecast that Vietnam’s actual GDP growth will reach 7%, ranking first in the ASEAN-5 group.

Proposal to issue and manage license plates by vehicle owner’s identification number

Mar 27, 2023 – The Ministry of Public Security has just completed a draft proposal to issue and manage license plates of motorcycles and cars by vehicle owners’ identification number, which is expected to take effect from July 1st 2023.

Europe divided over the draft banning petrol and diesel vehicles

Mar 20, 2023 – Germany formed an opposition coalition, while France supported the bill and criticized the move of the neighboring country.

Piloting license plate auction

Jan 09, 2023 – To ensure the rights of auction participants, Leaders of the Ministry of Public Security have directed the Traffic Police Department to develop legal documents and complete the infrastructure before May 1, 2023.

Summary of fines and errors causing possible registration denial

Dec 3, 2023 – According to statistics from the Motor Vehicle Inspection Department of the Vietnam Registry, there have been more than thousands of vehicles denied registration for the first time due to various problems.

Honda’s sale of motorcycles grew drastically after mass discounts

May 23, 2023 – Many famous models keep Honda’s prices are currently falling quite sharply, stimulating user demand, causing the number of models sold in April of the company to increase.

Honda reduced the price of a series of scooters, some models by nearly 20 million VND

May 15, 2023 -Welcome to the summer of 2023, where a range of Honda scooter models, including SH and Vision, are being sold at significantly reduced prices by many dealers compared to before.

Vietnamese consumers purchase 6,400 Honda motorbikes daily

May 1, 2023 – Despite the price fluctuations that caused the price of Honda models to skyrocket in fiscal year 2023, Honda is still the favorite brand for Vietnamese consumers.

Vietnamese purchase less motorcycles in early 2023

1 May, 2023 – Motorcycle sales in the first quarter of this year decreased nearly 16% compared to the same period last year, similar to the decline of the automobile market.

2-Wheeler Monthly News Summary – Nov 2022

SOCIAL TRENDS: EV continues to be a trend in Vietnam when technology delivery company Ahamove gradually switched to using electric motorbikes to reduce costs compared to gasoline motorbikes and reduce emissions to the environment. Meanwhile, state activities on coverting to eco-friendly vehicles are being promoted when in December 2022, Hanoi City piloted an electric bicycle […]

2-Wheeler Monthly News Summary – Oct 2022

Oct 31, 2022 – An overview of October 2022 2-wheeler market and its surrounding economy.

The difficulty of the last domestic giant in the Vietnamese beer market

Hanoi Beer is the leading beer in the North, but this region only accounts for 35% of the total consumption of the entire beer industry in Vietnam. Meanwhile, this brand is fading in the South. After ThaiBev approved the legal entity Vietnam Beverage acquired 53.6% capital of Saigon Beer – Alcohol – Beverage Corporation (Sabeco), […]

Sabeco and Habeco “recovered” in the second quarter

Sabeco and Habeco both had better business results in the second quarter, “recovering” compared to the first quarter, both with higher revenue growth than before. Before being transferred to Thai bosses, Sabeco and Habeco were two brotherly enterprises in the alcohol and beverage industry in Vietnam. If Sabeco is the market leader, Habeco will also […]

The lost revenue of beer industry

The revenue and profit of the beer companies leading the market share in Vietnam both fell sharply in the first quarter, although they prospered again in the second quarter, the wave of Covid-19 was spreading again, continuing to put pressure on the business situation of this industry. Sabeco – the market leader in beer market […]

Advertising crisis for the beer industry

On January 1, 2020, according to the Law on Prevention of Harm of Alcohol 44/2019 / QH14, under which alcohol-related advertisements are banned during the golden hour from 18:00 to 21:00 daily. In addition, the Law also restricts many provisions related to alcohol-related advertising, especially if advertising on websites, electronic information, and electronic media, there […]

Beer dealers are facing great pressure because of a sharp drop in demand in major cities

The volatile economic market has created a great pressure on retailers. Along with that, the outbreak of the epidemic reappeared also greatly affected many different industries such as tourism, food services, restaurants and hotels, especially not to mention the beer industry in Vietnam. According to the financial magazine of the Information Agency of the Ministry […]

Adverse effects on the beer industry during the recurrence of disease in Vietnam

The communiqué 19th brought Da Nang back to a state of social isolation and complied with high-level COVID-19 epidemic prevention measures at 0:00 on July 28, 2020. Therefore, a series of business locations in the Horeca channel in Da Nang are making the consumption of alcohol become “isolation” again. According to Ms. Truong Thi Hong […]

Key factors influencing beer consumption behavior due to disease and Decree 100

Beer sales have fallen by at least 25% because of Decree 100 recently. For many decades, urban people have always had the habit of consuming beer after work or on important occasions such as holidays, new year, weddings, weddings to celebrate with everyone and reduce stress in life. With many people thinking that drinking a […]

Who will inherit benefits from the cheap capital?

After the SBV’s decision to lower interest rates on September 30, 2020, is the 3rd executive interest rate lowering decision since the beginning of the year, plus a period of lowering important interest rates, the cost of capital already exists. conditions to return to a new low. Before the State Bank lowered the operating interest […]

Banking service fees – explanation of experts

When a customer transfers money, at least the banking system must send 3 messages to the remitter and receive the money, not to mention a customer who is late in entering the OTP or incorrectly entered … the bank must send it again. Although the current fee for e-banking services of major banks is considered […]

Banks raced on the stock exchange to dodge new regulations

TTO – From January 1, 2021 when the Law on Securities takes effect, it is not until after 2 years since the first transaction date on UPCoM system that a public company can submit an official listing registration dossier. Banks are racing to catch up on the exchange.  Lien Viet Post Bank (LienVietPostBank), the stock […]

The door is open for pharmaceutical imports

The drug supply network in Vietnam includes 1,910 domestic pharmaceutical companies and 30 foreign-invested enterprises. For the first time, a pharmaceutical import license was awarded to a multinational corporation. The pressure increased Sanofi-Aventis Vietnam Limited (Sanofi Vietnam) has just become the first multinational pharmaceutical corporation in Vietnam eligible for drug import. “In recent years, Sanofi […]

Accelerate digitalization of pharmaceutical data in Vietnam in the next three years

Vietnam’s annual pharmaceutical industry worth 6 billion USD is expected to digitize 100% valid information and drug data for circulation by 2023 and update it to the pharmacy data bank at VN drugbank. Updating the information technology application to transform the pharmaceutical industry, the Drug Administration of Vietnam (the Ministry of Health) since 2018 has […]

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