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Vietnam Automobile Industry Goes Green by Taking Eco-Friendly Measures

Jul 23, 2014

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Vietnam automobile sector has witnessed rising demands for vehicle in the recent times. The Vietnamese car makers are giving much space to green and sustainable development from making hybrid and electric cars to eco friendly manufacturing plants. The industry is concerned about the environmental degradation and is building products that reduce carbon emission levels in the country.
Vietnam Automobile Industry Forecast 2018”, predicts that automobile market in Vietnam is colossal and will sail higher at a CAGR of around 8.2% during the forecast period 2014-2018. The car market growth can be acknowledged because of integrated approach of government and automakers like tax reliefs, foreign investments, competitive prices and growing consumer demands.
The report outlines an exhaustive study of Vietnam automobile industry covering various verticals starting with the demographic and economic stature of the country currently. The significant sections in the report include trends and driver of the auto industry that illuminates points like budding demand for luxury cars, tax benefits as well as strategic collaborations among players.
The report also encloses a thorough scrutiny of production, sales and import characters and levels of the automobile industry in Vietnam. The report also quotes the Vietnamese motorcycle market to add an extra dimension to the existing data of the market. In all, the statistical approach to the report has given a comparative and prognostic view of the industry in Vietnam. Adding to these the report also includes sub divisive outlook of the automobile industry into various segments as passenger cars, commercial vehicles, mini buses, MUV’s, SUV’s etc.
The report has a noteworthy section that is the competitive analysis of the sector. This section details all the prominent players of the industry and gives out a competitive view to the reader with all the precise and constructive information about these companies. The report packs all the analytical and functional information offering a detailed and comprehensive research of the Vietnamese automobile industry.
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