Vietnam has 49 million motorbikes, 3.2 million automobilesVietnam now has 49 million motorbikes and 3.2 million automobiles which have been registered, according to the National Traffic Safety Committee. Vietnam now has 49 million motorbikes and 3.2 million automobilesEvery 1,000 residents own 22 automobiles and 516 motorbikes. Auto growth rate hits 6.5 percent while motorbike reaches 7.3 percent a year. In big cities, the growth rate is 15 percent a year for automobiles while 10 percent for motorbikes. Consumption is forecast to reduce compared to 2016 and unable to reach 300,000 automobiles as expectations from manufacturers.

Source: VietNamNet News October 02, 2017 04:30 UTC