Vietnam’s market for commercial vehicles over 2 tons gvw bounced back by almost 41% year-on-year to 20,026 units in the second quarter of 2021 after declining by 23% to 14,211 units in the same period of last year.

Vietnam’s market for commercial vehicles over 2 tons gvw expanded by over 33% to 15,211 units in the first quarter of 2021 after declining by over 25% to 11,390 units in the same period of last year.

Sales of medium and large buses and coaches fell by over 34% to 688 units in the fourth quarter of 2020 from already depressed year-earlier sales of 1,048 units, resulting in a 57% drop in full-year sales to 1,558 units.

Sales of medium and heavy-duty trucks over 5 tons gvw fell by almost 10% to 7,696 units in the fourth quarter of 2020 from an already weak 8,525 units in the same period of the previous year, resulting in a drop of over 16% in full-year sales to 19,292 units from 23,080 units.

Sales of other light commercial vehicles between 2-5 tons gvw more than doubled year-on-year to 5,506 units in the fourth quarter of 2020 after sales fell by over 50% to 2,564 in the same period of 2019, resulting in a slight increase in 2020 sales to 21,727 units.

Sales of pickup trucks increased by over 9% to 7,317 units in the fourth quarter of 2020, after plunging by over 25% to 6,702 units in the same period of the previous year, resulting in a 13.5% decline in full-year sales to 19,697 units from 22,767 sales in 2019.

Vietnam’s commercial vehicle market over 2 tons gvw rebounded by 12.6% to 21,207 units in the fourth quarter of 2020 after plunging by 28% to 18,839 units in the same period of the previous year, according to AsiaMotorBusiness.com analysis of data from the Vietnam Automotive Manufacturers Association.

Daimler Buses, a division of Daimler Trucks AG, as part of its previously announced strategic goal of expanding sales in South East Asia, has appointed local automobile manufacturer and dealer, Truong Hai Auto Corporation as its general distributor for Daimler Buses in Vietnam.

Toyota Motor Corporation has continued to roll-out its new Hiace model by launching the sixth generation of the minibus in Thailand in June.

The Vietnamese market for pick-up trucks rebounded by 23% to 5,493 units in the first quarter from 4,466 units a year earlier, with imports from Thailand recovering strongly from last year’s customs delays following the introduction of new regulations at the beginning of last year.

The market for commercial vehicles over 2 tons gvw in Vietnam continued to decline in the first quarter of 2019, by over 17% to 15,277 units from 18,489 units in the same period of last year, based on data compiled by the Vietnam Automotive Manufacturers Association.

Vietnam’s commercial vehicle market over 2 tons gvw stabilised in the fourth quarter of 2018, with sales rising by just under 4% to 26,324 units from 25,334 units a year earlier, according to AsiaMotorBusiness analysis of data from the Vietnam Automotive Manufacturers Association.