1.1 mln Honda motorbikes sold April-September in Vietnam

By Tri Duc
Thu, October 13, 2022 | 9:23 am GMT+7

Honda Vietnam recorded sales of 1.1 million motorbikes from April to September, up 31.7% year-on-year, according to its latest report.

In its September report for the fiscal year 2023 (from April 2022 to March 2023), the subsidiary of Japan’s Honda said it sold 250,132 motorbikes in September, up 151% year-on-year and 26.1% over August.

Wave Alpha was the top-selling semi-manual transmission model with 51,990, or 20.8% of the total. The best-selling automatic transmission model was Vision with 55,284 units, or 22.1% of the total. Winner X topped the sales chart for manual transmission motorbikes with 11,444, or 4.6% of the total.

The motorbike maker exported 13,910 completely built-up (CBU) motorbikes in the month.

 SH, a luxurious motorbike model of Honda in Vietnam. Photo courtesy of the company.

SH, a luxurious motorbike model of Honda in Vietnam. Photo courtesy of the company.

Honda sold 15,938 cars in the same period, up 117.9% year-on-year, including 1,970 in September, up 233.9%. The biggest sales were of the CITY model with 1,114, or 56.5% of the total; and CR-V with 715, or 36.3%.

Honda accounts for 80% of the motorbike market share in Vietnam, the firm said last year during its 25th anniversary celebrations in the country.

Comments (0)
  • Read More
Vietnam Jan-April auto sales down 11% to 82,515 units

Vietnam Jan-April auto sales down 11% to 82,515 units

Affiliates of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 82,515 units in the first four months of 2024, down 11% year-on-year.

Companies - Sat, May 11, 2024 | 8:33 pm GMT+7

Indians bargain, use third-party referrals: Singapore expert

Indians bargain, use third-party referrals: Singapore expert

Indians love to bargain and third-party referrals can play an important role, says Chia Zhi Wei, a Singaporean trade promotion expert on doing business with India.

Companies - Sat, May 11, 2024 | 8:19 pm GMT+7

Four more people arrested in banker-led forgery ring

Four more people arrested in banker-led forgery ring

Hanoi police have arrested four more people for suspected involvement in a banking scam related to falsifying seals and documents of organizations and institutions to steal money.

Society - Sat, May 11, 2024 | 3:52 pm GMT+7

SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August

SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August

The $5.4 billion Long Son Petrochemicals Complex (LSP) in Vietnam’s southern province of Ba Ria-Vung Tau is set to restart activities in July-August for a final test run before commencing commercial operations in August.

Industries - Sat, May 11, 2024 | 2:48 pm GMT+7

Vietnam banks lift deposit interest rates

Vietnam banks lift deposit interest rates

More than a dozen small- and medium-sized commercial banks in Vietnam have raised deposit interest rates since the start of this month, commonly by 20-30 basis points.

Banking - Sat, May 11, 2024 | 11:01 am GMT+7

Korea’s Hyosung eyes ATM production, data center in Vietnam

Korea’s Hyosung eyes ATM production, data center in Vietnam

Multi-industry conglomerate Hyosung, the third largest South Korean investor in Vietnam after Samsung and LG, plans to manufacture automated teller machine (ATMs) and build a large data center in Ho Chi Minh City.

Industries - Sat, May 11, 2024 | 10:05 am GMT+7

State Securities Commission names new vice chairman

State Securities Commission names new vice chairman

Bui Hoang Hai, general director of the State Securities Commission’s (SSC) securities public offering management department, has been appointed vice chairman of the commission.

Finance - Sat, May 11, 2024 | 9:21 am GMT+7

Apartment segment recovers in southern Vietnam, land plots sluggish

Apartment segment recovers in southern Vietnam, land plots sluggish

April saw marked improvement in the supply and absorption of apartments in Ho Chi Minh City surrounding areas, but trade in land plots remained sluggish, says a new report.

Real Estate - Sat, May 11, 2024 | 8:01 am GMT+7

Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule

Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule

Only firms consuming at least 500,000 kWh per month will qualify as buyers under the latest draft decree on direct power purchase agreements (DPPAs).

Energy - Fri, May 10, 2024 | 10:30 pm GMT+7

Thailand closes island to reduce coral bleaching

Thailand closes island to reduce coral bleaching

Although it is currently the tourist season, Pling Island in Southern Thailand has been closed since May 9 to allow the natural environment to have more time to recover after the discovery of extensive coral bleaching.

Southeast Asia - Fri, May 10, 2024 | 10:23 pm GMT+7

China-invested electronics firm Guoguang to invest $40 mln in central Vietnam

China-invested electronics firm Guoguang to invest $40 mln in central Vietnam

Gouguang Electric (Vietnam) Company Limited, under Chinese giant Guoguang Electric Co., Ltd. (GGEC), is set to invest $40 million in building a factory in Vietnam’s central province of Quang Nam.

Industries - Fri, May 10, 2024 | 7:54 pm GMT+7

Vietnam agribusiness Hoang Anh Gia Lai sees lower profit this year

Vietnam agribusiness Hoang Anh Gia Lai sees lower profit this year

Hoang Anh Gia Lai, a leading agricultural group Vietnam, has targeted an after-tax profit of VND1.32 trillion ($51.85 million) this year, down 26% year-on-year, as it plans greater livestock farming investments.

Companies - Fri, May 10, 2024 | 5:47 pm GMT+7

ASEAN, India rise in supply chain priority: survey

ASEAN, India rise in supply chain priority: survey

Global business leaders are increasingly looking to India and Southeast Asia as alternative supply chain destinations while trade relations between China and the U.S. deteriorate, according to a poll by PwC published on Thursday.

Southeast Asia - Fri, May 10, 2024 | 3:44 pm GMT+7

Finnish fund Pyn Elite's investment performance drops 8.2% in April

Finnish fund Pyn Elite's investment performance drops 8.2% in April

Finland’s Pyn Elite Fund saw its investment performance in Vietnam decline 8.2% month-on-month in April, driven by short-term profit taking in banking stocks and a weaker Vietnamese dong (VND).

Finance - Fri, May 10, 2024 | 3:41 pm GMT+7

Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln

Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln

The Ho Chi Minh City branch of Thailand’s Kasikornbank Public Company Limited (KBank) recorded a post-tax loss of $7.4 million in 2023, tripling from $2.5 million in 2022.

Banking - Fri, May 10, 2024 | 3:14 pm GMT+7

Vietnam aviation stocks take off on rising profits, tourism recovery

Vietnam aviation stocks take off on rising profits, tourism recovery

Stocks in Vietnam’s aviation service firms and airlines rallied in the first quarter of 2024 thanks to rising profits from an increase in the number of international passengers and high air fares.

Finance - Fri, May 10, 2024 | 2:59 pm GMT+7