VEAM reports significant revenue slump Business

VEAM reports significant revenue slump

The Vietnam Engine and Agricultural Machinery Corporation (VEAM) saw revenue slump 18 percent year-on-year to reach 910 billion VND (39.3 million USD) in the third quarter of this year.
Honda Vietnam sales continue to slide Business

Honda Vietnam sales continue to slide

Honda Vietnam’s vehicle sales plummeted in the first half of fiscal year 2021 (April 2020 to March 2021) as a result of COVID-19, according to Nguyen Huy Trung, head of the Foreign Affairs Division.
Vinh Phuc – a magnet for Japanese investors Business

Vinh Phuc – a magnet for Japanese investors

With significant investment in building transport and industrial infrastructure as well as favourable mechanisms and policies in support of investors, Vinh Phuc is emerging as an attractive destination for Japanese businessmen.
Auto sales fall 14 percent in August Business

Auto sales fall 14 percent in August

Automobile sales in August were down 14 percent against July, to 20,655 units, despite the introduction of a range of promotional programmes, according to the Vietnam Automobile Manufacturers’ Association (VAMA).
Motorbike sales drop 30.7 percent in Q2 Business

Motorbike sales drop 30.7 percent in Q2

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.
Honda Vietnam’s sales plummet in April Business

Honda Vietnam’s sales plummet in April

Honda Vietnam’s motorbike and automobile sales in April plunged 72 percent and 52 percent year-on-year, respectively, due to the COVID-19 pandemic, Head of its External Relations Division Nguyen Huy Trung said.