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Vietnam Autos Report Q1 2017

  • November 2016
  • -
  • Business Monitor International
  • -
  • 36 pages

Includes 3 FREE quarterly updates

BMI View:
For 2017, we are forecasting a 16.7% rise in new vehicle sales, to around the 310,000 unit mark, with PC sales (+18%) to outperform CV sales (+15%).

Key Views


- Cuts to the tax rates levied on smaller cars introduced in July 2016 will continue to drive Vietnam's new vehicle sales market ahead in 2017.

- As such, we believe there are strong upside risks to our current sales forecasts, especially given the country's positive macroeconomic fundamentals and rising incomes.

- Local producer Thaco remains the dominant player within the Vietnamese market, with over 40% market share across its Thaco Truck, Thaco Kia, Vinamazda and Peugeot brands.

- Toyota and Ford are the only other carmakers selling in Vietnam with a double-digit market share.

Table Of Contents

Vietnam Autos Report Q1 2017
BMI Industry View 7
Key Views 7
SWOT 8
SWOT 8
Industry Forecast 10
Industry Forecast Scenario 10
Table: Autos Total Market - Historical Data And Forecasts (Vietnam 2014-2020) 10
Latest Developments 10
Structural Trends 10
Passenger Vehicles 17
Table: Vietnam Passenger Car Market - Historical Data And Forecasts 17
Latest Developments And Segment Drivers 17
Key Players 19
Table: Vietnam, Top 10 Brands (all segments), H116 19
Commercial Vehicles 19
Table: Commercial Vehicle Market - Historical Data And Forecasts (Vietnam 2014-2020) 19
Latest Developments And Segment Drivers 19
Industry Risk/Reward Index 21
Industry Risk Reward Ratings 21
Developed States Have Technology Niche 21
ASEAN Policy Reaping Rewards 22
Sri Lanka A Short-Term Mover? 22
Company Profile 23
GM Vietnam 23
Mercedes-Benz Vietnam 24
Regional Overview 25
Asia Overview 25
Table: Asia Autos Production Investments 25
EV And SUV Investments Leading The Way In China 26
Thailand A Crucial Regional Production Hub For Automakers 26
Demographic Forecast 28
Table: Population Headline Indicators (Vietnam 1990-2025) 29
Table: Key Population Ratios (Vietnam 1990-2025) 29
Table: Urban/Rural Population and Life Expectancy (Vietnam 1990-2025) 30
Table: Population By Age Group (Vietnam 1990-2025) 30
Table: Population By Age Group % (Vietnam 1990-2025) 31
Methodology 33
Industry Forecasts 33
Sector-Specific Methodology 34
Sources 34
Risk/Reward Index Methodology 35
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators 36

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