Does for sale

Hyundai Accent remains the best-seller (Photo: hyundaidongdo-24h.com) Hanoi (VNA) - Hyundai Thanh Cong’s automobiles sales in March expanded 125 percent month-on-month, lifting its sales in the first quarter of 2021 to 15,886 units, data released on April 12 showed. Specifically, Hyundai Accent remained the best-seller with 2,094 units sold in March, bringing the total sales to 4,808 in the first three months of this year. Its price ranged from 426 – 524 million VND (18, 451 - 22,696 USD), competing directly with Toyota Vios, Honda City, Nissan Sunny and Kia Soluto, Mitsubishi Attrage and Suzuki Ciaz. Hyundai Grand i10 recorded a sale growth of 152 percent with 1,293 units delivered to customers in March, pushing the total to 3,199 in Jan-March.  Competing directly with Vinfast Fadil, Kia Morning, Toyota Wigo and Honda Brio, the brand fetched 315 – 415 million VND (13,643 - 17,975 USD) each. Other models also witnessed remarkable growth. Hyundai Tucson and Hyundai … [Read more...] about Hyundai automobile sales rise125 percent in March

In terms of vehicle origins, the past month has seen sales of domestically-assembled vehicles reach 17,140 units, a climb of 99%, whilst CBU imported cars stood at 13,795 units, an increase of 177% compared to one month earlier. The opening three months of the year witnessed VAMA members selling a total of 70,952 cars, an annual rise of 36%, with passenger cars climbing by 34%. In addition, the sales of commercial and special purpose cars also witnessed respective increases of 43% and 17% compared to the same period from last year. According to the sales announcement given by VAMA, TC Motor, and VinFast, the local auto industry saw the consumption of 40,072 vehicles of all types in March. Most notably, Hyundai remained as the leader in terms of car sales among auto brands within the domestic market, with a total of 6,807 units sold, trailed by Toyota, Kia, Ford, Mazda, and Honda. Along with VAMA members, brands such as TC Motor, Audi, Jaguar, Mercedes-Benz Land Rover, Subaru, … [Read more...] about Domestic car sales record 127% surge in March

Do Van Chien named President of VFF Central Committee Do Van Chien, President of the VFF Central Committee for the ninth tenure, speaks at the meeting in Hanoi on April 12 Do Van Chien, Secretary of the Party Central Committee and Secretary of the Party Delegation of the Vietnam Fatherland Front (VFF), has been assigned as President of the VFF Central Committee for the ninth tenure (2019-2024). The VFF Central Committee held a meeting in Hanoi on April 12 to discuss the appointment of its President and additional members to its Presidium. All in attendance agreed to assign Chien as a member of the VFF Central Committee and its Presidium, and President of the VFF Central Committee for the ninth tenure. His predecessor, Politburo member Tran Thanh Man, was recently elected Vice Chairman of the 14th National Assembly (NA). In his inauguration address, Chien said the VFF should push ahead with performing its duties in the election of deputies to the 15th NA and all-level … [Read more...] about VIETNAM NEWS HEADLINES APRIL 13

Vietnam gas consumption to double in next 10 years: Fitch Solutions Gas demand is expected to rise from about 9.7 billion cubic meters (bcm) in 2020 to above 25.3bcm in 2030, while influx of LNG helps to counter the decline in domestic production. Vietnam’s gas consumption is predicted to accelerate strongly over the coming decade, more than doubling, over the duration of the upcoming Power Development Plan VIII (PDP VIII) [2021-2030]. “The potential of the Vietnamese gas market is strong,” stated the Fitch Solutions in a note, saying in comparison to markets similar in terms the size of the consumer market as measured by population, Vietnam appears undersupplied in gas both in terms of absolute consumption volume and per capita. The domestic gas network is also found deficient with Vietnam ranking 15th out of 17 Asia-Pacific gas markets as per the CIA Factbook in terms of total gas pipeline length, despite having historically been self-sufficient in gas. The … [Read more...] about VIETNAM BUSINESS NEWS APRIL 13

Fashion retailers like H&M have suffered from negative comments, photo Le Toan As a consequence of integrating the “nine-dash line” map into online shopping websites in the Chinese market, a great number of local young people have called for a boycott on the Swedish fashion brand, causing a week-long desert atmosphere to drift over most of its outlets in Vietnam. Xuan Huong, a 22-year-old student based in Hanoi, said that as soon as the case flared up, she became no longer interested in shopping with H&M. “I was very disappointed,” Huong stressed. “I used to be a fan of the brand because of the reasonable prices and eye-catching designs of most items. But from now, I may never purchase anything from H&M due to its disrespect to Vietnamese consumers who they have earned from for more than three years.” Dung Thang, a 25-year-old officer in the capital’s Ba Dinh district said, “Before this incident I had no intentions to buy any items from H&M because their … [Read more...] about H&M fighting to save fanbase after social media backlash