Vietnam to reach 36 million bikes by 2020

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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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Reading Time: 1 minute

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.

Reading Time: 1 minute

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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