Vietnam: World's 4th biggest motorbike consumer

by VTV News20 April 2017 Last updated at 17:11 PM

VTV.vn - Vietnam is considered the world's 4th largest motorbike consumption market, according to the Vietnam Association of Motorbike Producers.

The latest report by the association has revealed that its 5 members managed to sell a total of 3.12 million units. This represents a 10% increase as compared to 2015.

The Vietnamese motorbike market has experienced stable growth in recent years and automatic motorbikes continue to be in high demand.

This segment of motorbikes constitutes 45% of the total market share and is expecting a vigorous boom in the future. Experts have attributed this to the increasing average income level. Moreover, sports motorbikes have also emerged as highly-sought commodities too

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