HNV gains high export turnover

April 26, 2023 - 18:30

Honda Vietnam (HNV) achieved a positive growth both in motorbikes and automobile segments with 13.8 per cent and 7 per cent respectively.

Honda City is one of the best-selling cars. - Photo courtesy of the company

HÀ NỘI – From April 2022 to March 2023, Honda Vietnam (HNV) achieved positive growth both in motorbikes and automobile segments with 13.8 per cent and 7 per cent respectively.

Honda Vietnam reported that it sold more than 2.3 million bikes, an increase of 13.8 per cent compared to 2022, accounting for 81 per cent of Việt Nam’s market share.

In addition, the company earned an export turnover of US$402.2 million from exporting 228,801 bikes including Completely Built Units (CBU) bikes and spare parts making an increase of 23.4 per cent against 2022.

Regarding the automobile segment, the company’s auto sales also reached 25,808 vehicles, up 7 per cent compared to 2022. Of which, in March alone, 1,489 vehicles were sold, up 7.5 per cent over the previous month. - VNS

DATC warns of fraud, imposters

Economy

Vietnamese Prime Minister meets Apple CEO Tim Cook to discuss cooperation and development

Economy

Bình Dương issues licences for foreign projects at meeting

Economy

Market downturn restrained on growing bargain demand

Economy

Long An holds dialogue to remove difficulties for Korean investors

Economy

Government urged to probe gold traders to prevent possible market manipulation

More on this story

Economy

Market reverses on back of steel, bank stocks

Foreign capital also flew back to the market

Economy

HDBank eyes 29% profit growth, remains on track for sustainable development

The Hồ Chí Minh City Development Joint Stock Commercial Bank (HDBank) targets a 29 per cent growth in profit before tax to VNĐ13.2 trillion (US$562.8 million) this year and continues with its “high and sustainable growth” plan.

Economy

Vietjet offers Sky Care insurance package on routes to Australia

Sky Care travel insurance is a special insurance programme designed exclusively for passengers on direct flights from Việt Nam to Australia and vice versa, Vietjet said.

Economy

Ninh Bình Province's $11.7b plan to develop industry, tourism until 2050

By 2030, Ninh Bình aims to develop effectively, inclusively and sustainably. The industry is expected to be the driving force for growth. At the same time, tourism will become a spearhead economy, creating a driving force to promote the development of other industries and fields.

Economy

Import, export turnover across northern border soars

The General Department of Customs said that the total import and export turnover with China across the northern border reached nearly US$9.3 billion in the first quarter of this year, up nearly three times over the same period last year.

Economy

Fresh foreign investment in Việt Nam up 11.1% in 4 months

The growth of the number of new projects was much higher than that of investment capital, which demonstrated that small and medium-sized foreign investors continued to believe in the country's investment environment, the FIA has said.

Economy

Banking sector must aid businesses for faster economic recovery: PM

The Prime Minister said economic development had experienced some setbacks, with a recorded growth lower than last year. To adapt and, more importantly, to move the economy in the right direction, additional support for businesses and citizens must be a top priority.