Vietnamplus

Members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold a total of 667,360 motorcycles in the second quarter of 2021, a year-on-year rise of 28.65 percent.

Honda Vietnam posted an 8.9-percent increase in retail sales of automobiles but a 16.9-percent drop in that of motorbikes in June, the firm announced recently.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 23,587 vehicles in June, down 8 percent month-on-month.

Honda Vietnam posted an 8.9-percent increase in retail sales of automobiles but a 16.9-percent drop in that of motorbikes in June, the firm announced on July 10.

The 2021 Thieu lychee crop has generated over 6.8 trillion VND (over 296 million USD) in revenues from fruit sales and related services for the northern province of Bac Giang, according to the provincial People’s Committee.

The southern province of Dong Thap launched a website to sell the provincial agricultural products and specialties at htxdacsandongthap.com on July 7.

Many people in Ho Chi Minh City have been in fear of food shortages over recent days, since COVID-19 triggered the closure of wholesale markets which were linked to a growing number of infections. The city’s Department of Industry and Trade therefore identified a number of solutions to guarantee sufficient supply of essential items for local residents.

Singapore's retail sales surged 79.7 percent year-on-year in May from 54 percent year-on-year increase recorded in April, according to the Department of Statistics (DOS).

The total retail sales of goods and consumer services in Ho Chi Minh City in June was estimated at over 81.4 trillion VND (3.53 billion USD), down nearly 8 percent month-on-month and 5.1 percent year-on-year, reported the municipal Statistics Office.

On the primary market, the State Treasury mobilised more than 31.8 trillion VND (1.38 billion USD) via 18 government bond (G-bond) auctions on the Hanoi Stock Exchange (HNX) in June, down 28 percent month-on-month.

In the future, foreign investors who wish to register for multi-level marketing (MLM) activities in Vietnam may need three consecutive years of experience in multi-level marketing in another country.

Industrial and trading activities of Vietnam have sustained their growth trend although the COVID-19 resurgence has hit some provinces and cities with large industrial parks, Deputy Minister of Industry and Trade Do Thang Hai said on June 17.

Indonesia is planning to extend a luxury tax break on the sale of sedans and two-wheel drive cars with engine power of less than 1,500 cc to August to support its pandemic-hit automotive industry.

Getting around by bicycle was once a traditional transportation method in Vietnam’s capital city.

The Minister of Industry and Trade has requested its Domestic Market Department to coordinate with localities and distribution systems to double lychee sales compared to the highest levels recorded in previous years.

Despite the impact of the COVID-19 pandemic, Vietnamese auto-maker VinFast Trading and Production LLC still enjoyed a month-on-month increase of 5 percent in sales in May, to 2,855 vehicles.

The Vietnam Automobile Manufacturers’ Association (VAMA) has reported that its members posted a 15 percent month-on-month decline in automobile sales in May to 25,585 units, due to the impact of COVID-19 and a shortage of semi-conductor chips for the industry.

In the first five months of the year, the Mekong city of Can Tho achieved impressive growth in industrial production, retail sales and tourism despite the effects of COVID-19.

Indonesia’s car sales jumped by 228 percent year on year in May 2021, while that of motorcycles increased 277 percent on an annual basis, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.

Vietnam’s largest steelmaker, the Hoa Phat Group, sold a total of 3.7 million tonnes of steel products in the first five months of this year, up nearly 70 percent against the same period last year.