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.