Vietnam to reach 36 million bikes by 2020

Vietnam motorbikesVietnam will have to deal with 36 million motorcycles and 3.5 million automobiles by 2020, according to a plan for road traffic development passed by the Prime Minister on March 4.

The plan shows an expected surge in new car registrations, up from the current 1.5 million cars on the road, but a rather flat development in motorcycles, of which currently are a whopping 35 million in circulation.

Of the automobiles, cars will make up 57 per cent, passenger coaches 14 per cent and trucks 29 per cent, says the plan. Cars inappropriate for traffic infrastructure will be gradually phased out.

The plan states that measures will be adopted to restrict the number of motorbikes at 36 million by 2020 to bring down the number of new bike registrations. Without these measures, around 3-3.5 million motorbikes would be sold every year, meaning there would be an additional 20 million units by 2020.

Vietnam’s cities have the largest percentage of motorcycles in circulation of all ASEAN cities. Hanoi and Ho Chi Minh City have to accommodate between 4 and 5 million motorcycles each.

 

 



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Vietnam will have to deal with 36 million motorcycles and 3.5 million automobiles by 2020, according to a plan for road traffic development passed by the Prime Minister on March 4. The plan shows an expected surge in new car registrations, up from the current 1.5 million cars on the road, but a rather flat development in motorcycles, of which currently are a whopping 35 million in circulation. Of the automobiles, cars will make up 57 per cent, passenger coaches 14 per cent and trucks 29 per cent, says the plan. Cars inappropriate for traffic infrastructure will be gradually phased...

Vietnam motorbikesVietnam will have to deal with 36 million motorcycles and 3.5 million automobiles by 2020, according to a plan for road traffic development passed by the Prime Minister on March 4.

The plan shows an expected surge in new car registrations, up from the current 1.5 million cars on the road, but a rather flat development in motorcycles, of which currently are a whopping 35 million in circulation.

Of the automobiles, cars will make up 57 per cent, passenger coaches 14 per cent and trucks 29 per cent, says the plan. Cars inappropriate for traffic infrastructure will be gradually phased out.

The plan states that measures will be adopted to restrict the number of motorbikes at 36 million by 2020 to bring down the number of new bike registrations. Without these measures, around 3-3.5 million motorbikes would be sold every year, meaning there would be an additional 20 million units by 2020.

Vietnam’s cities have the largest percentage of motorcycles in circulation of all ASEAN cities. Hanoi and Ho Chi Minh City have to accommodate between 4 and 5 million motorcycles each.

 

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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1 COMMENT

  1. But why do they want to restrict motorbikes?
    they are 3 times more fuel efficient which is very good for a middle class developing country,
    they also cause lower fuel import than four wheelers and save on currency,
    they cause almost no parking problems even in most congested parts of cities. and many more reasons why they are better than cars or SUVs which eat space of 5 motor cycles on the road.
    what can be the problem for a city due to motor bikes. restricting is going the wrong way!

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