Analyst Pin-board Automotive industry - Government policies help the automotive industry to recover
Results of 8M2020
VAMA members’ sale volume at the end of August 2020 decreased by 24% YoY, down to 145,689 units. Passenger car volume declined more than commercial vehicles, with -25% YoY and reached only 106,689 units. The reason is the decline in people’s income affected by Covid-19 epidemic, so spending on non-essential needs has been delayed. Meanwhile, commercial vehicles’ sale volume decreased by 20% YoY (reaching 37,432 units) as the Government actively supports the production and exploitation industries to operate as "normal" as possible.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.