For sale battle ground wa

VAMA members sold 70,952 vehicles in the first three months of 2021 (Photo: VNA) Hanoi (VNA) - The Vietnam Automobile Manufacturers’ Association (VAMA) announced on April 13 that its members sold a total of 70,952 vehicles in the first quarter of 2021, a year-on-year surge of 36 percent. The figure comprised 51,126 passenger cars, up 34 percent, 18,735 commercial vehicles, up 43 percent, and 1,091 special-use vehicles, up 17 percent. March auto sales by VAMA members grew 127 percent against February to 30,935. Of these, 21,089 were passenger cars, 9,227 commercial vehicles, and 619 special-use vehicles. Sales of domestically-assembled vehicles rose 99 percent month-on-month to 70,952, while those of completely-built-up (CBU) vehicles increased 177 percent against January to 13,795. These figures do not fully reflect the situation in Vietnam’s automobile market, however, as they do not include the sales of brands such as Audi, Jaguar Land Rover, Mercedes-Benz, … [Read more...] about Automobile sales up 36 percent in Q1

It sold 80 percent each of MV Real Estate JSC and the MV1 Real Estate JSC to Mitsubishi Corporation and Nomura Real Estate Development of Japan, and 90 percent of S-Vin Vietnam Real Estate Trading JSC to Japanese real estate company Samty Co., Ltd. Vingroup earned profits of nearly VND16.9 trillion ($728.45 million) from the three deals. It also sold a 25 percent stake in Phu Quoc Tourism Development and Investment JSC for a profit of over VND1.4 trillion, and currently owns a 5 percent stake. The conglomerate signed a deal with the Phu Quoc Tourism Development and Investment JSC to operate hotels, golf courses and beachfront villas in Phu Quoc Island’s Bai Dai ecotourism area and Vinpearl Safari. It sold a 40 percent stake in animal feed company Viet Thang Feed JSC and now owns 26.34 percent of it. Vingroup spent over VND15 trillion to buy mining company Huong Hai-Quang Ngai Company Limited, real estate companies Dai An Investment Construction JSC and Nguyen Phu Trading … [Read more...] about Vingroup reports acquisition, sale of multiple companies

Automobiles manufactured in Ford's Hai Duong plant. Ford Vietnam’s sales in the first quarter of 2021 rose 52 per cent against the same period last year. — VNA/VNS Photo Tran Viet Automobile manufacturers reported growth in sales in March. Ford Vietnam’s sales in the first quarter of 2021 rose 52 per cent against the same period last year, equivalent to 5,914 vehicles delivered to customers. The company’s General Director Pham Van Dung said the automaker’s sales maintained growth thanks to leading products, particularly sport utility vehicles (SUVs) and commercial ones, despite a period of business stagnation in the domestic auto market and adverse impacts of the COVID-19 pandemic. In Q1, Ford Vietnam’s sales of Everest SUVs recorded a year-on-year surge of 49 per cent, with 1,459 vehicles sold. In March alone, the number of delivered vehicles hit 817, leading the mid-size SUV segment with more than 50 per cent of the market share. In addition, Ford Ranger maintained its … [Read more...] about Automobile firms report sales growth in March

Passenger vehicles and commercial vehicles were up 34 percent and 43 percent, according to the Vietnam Automobile Manufacturers Association (VAMA). Truong Hai Auto Corporation, or Thaco, which assembles several brands of cars and trucks, led the market with a 37 percent share, followed by Toyota (20.2 percent) and Mitsubishi (10.7 percent). Honda and Ford rounded off the top five. Hyundai Accent was the best-selling car in the first quarter with 4,804 units, followed by Mitsubishi Xpander (4,602) and VinFast Fadil (4,148). Last year sales had fallen by 8 percent to 296,634 units as the Covid-19 pandemic badly affected the economy, hitting people’s incomes and discretionary spending. … [Read more...] about Auto sales make recovery in Q1

India alertly implemented surveillance as early as January 17, two weeks before the first cases were officially detected. India, the world’s second most populous country, stands pretty strong against the sweep of the novel coronavirus thanks to the Covid-19 response strategies it adopted very quickly from the beginning of the pandemic. An Indian Air Force helicopter showers flower petals on the staff of INS Asvini hospital in Mumbai, India as part of efforts to thank those at the forefront of the country’s Covid-19 battle. Photo: AP India is trying to balance attempts to revive the economy while dealing with increasing infections and new hotspots with Unlock 1.0 and Unlock 2.0. The policies that the federal and state governments have enacted to curb the epidemic will offer a snapshot of the current Covid-19 situation in the country. According to Ambassador of India to Vietnam Pranay Verma, testing, contract tracing, and strict containment are three … [Read more...] about Covid-19 battle in India: Early response, tough measures work