The scooter segment of the motorcycle market is forecast to continue to thrive domestically this year, following last year's strong growth as demand for the motorbike remains high, industry insiders said.
Toyota Motor Vietnam Co., Ltd (TMV) launched the new Vios 2010 model in HCMC on Thursday and the new car will be available at TMV sales agents nationwide from April 22.
Piaggio Vietnam, a subsidiary of Italy's Piaggio Group, one of the world’s leading manufacturers of scooters and motorbikes, plans to produce 52,000 Vespa scooters this year as part of its programs to expand its business.
Vietnam Automobile Manufacturers Association (VAMA) reported that the country's March domestic car sales reached 9,298 units, increasing two fold than February's 5,030 vehicles but lower 16 percent compared with last March's 11,051.