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'Crazy' downward trend of car price reminiscent of scenario of Chinese motorcycle influx in early 2000s

The Vietnamese auto market is witnessing a crazy race of price discount from local manufacturers, a move that recalls the same scenario of Chinese motorbike influx in early 2000s.

Stock indexes
1,209.52 4.55 0.38
Volume: 620,884,392 Value: 15,488 (Billions VNĐ)
226.82 -0.75 -0.33
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88.76 0.43 0.49
Volume: 35,863,435 Value: 446 (Billions VNĐ)
1,240.5 6.78 0.55
Volume: 205,247,390 Value: 6,720 (Billions VNĐ)