Electric vehicle market faces growth hurdles
Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.
Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.
The emergence of new airline and existing low-cost carriers has put the flag carrier of Vietnam in voluminous struggles, in terms of losing market share and experienced pilots.
Vsmart and Mobiistar smartphones are going abroad to gain market share when local smartphone market has been dominated by international rivals.
After a long time lagging behind Thaco, Toyota has been accelerating its sales on the market for several months and officially surpassed the domestic assembler to reach a 30 per cent of market share in October 2018.
Heineken Vietnam Brewery recorded a profit margin of 40 per cent, much higher than Sabeco's 17.6 per cent but its market share still lagged behind its rival which is dominating the beer industry.
Toyota's market share rose to nearly 25 percent in August after ranging around only 21 percent for months.
Entering the US market with iced milk coffee Nuticafé, NutiFood is showing its obvious ambition to dominate the instant coffee market share not only in Vietnam but also over the world.
The leading manufacturer of plastic doors with reinforced steel Eurowindow JSC is coping with tough competition from its rivals with foreign imported products and its market share is likely to be endangered.
Despite the humble market share of Chevrolet, GM's car sales have been growing well in recent years thanks to its widespread distribution with 22 dealers nationwide, which will play crucial element to help VinFast form an auto sales and service network in its fledgling period of operation.
According to the latest announcement of Indonesian ride-hailing firm Go-Jek, also known as Grab's biggest rival in the Southeast Asia, Go-Jek will launch its business in Vietnam under the name GO-VIET next month by teaming up with the Vietnamese founding team.
With improving market fundamentals, Vietnam stands a good chance of winning logistics market share as its regional peers shift towards more mature industrial development, according to Jones Lang Lasalle.
FastGo Vietnam Co., Ltd. has launched its ride-hailing application called “FastGo”, the first ever application in the current market to protects customers on each trip using Fast Protection insurance with a value up to $8,700.
The longer time the State capital divestment takes, the greater the risk of competition for Habeco is, especially when their business results are showing signs of deterioration, gradually being left behind by other competitors such as Sabeco and Heineken in the war of gaining market share.
VNDirect surpassed Viet Capital Securities (VCSC) on HOSE to rank the 3rd brokerage agency by market share in third quarter of 2017.