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TRUCKS' MARKET * Vietnam
* HCM City - Trucks sell like hot cakes
HoChiMin City, Vietnam -TUOI TRE News -30 May 2014: -- Mobile weighbridges deployed on highways across Vietnam have caused road transport prices to surge because of the termination of overloading and the shortage of trucks in the last two months... Before, a 4,000 ton ship needed less than 200 trucks to unload all of its cargo. But now, it needs up to 300 trucks. The shortage of trucks in Vietnam causes the vehicles to sell like hot cakes. Around 40-50 Japanese-made Hino trucks were sold out for a month as of April 1, while it was just 2-3 vehicles a month earlier, according to Vu Viet Giap, a Hino dealer in Vietnam. Now, those who wish to buy a new Hino truck must wait till July for it to be delivered. The Vietnam Automobile Manufacturers Association (VAMA) said it sold 14,556 trucks in the first four months of this year, up 2,861 vehicles or 24 percent against the same period last year.
Labels: trucks markets worldwide
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