Vietnam Autos Report Q4 2017 and forecasts to 2021

Overview of Vietnam Autos Report Q4 2017 – Includes 5-year forecasts to 2021 by BMI Research

1. BMI Industry View

2. SWOT

3. Industry Forecast

4. Industry Risk/Reward Index

5. Company Profile

6. Regional Overview

7. Demographic Forecast

8. Methodology

Opportunities

■ Ongoing car tax cuts should boost the local auto sales market across 2017.
■ The reduction of tariffs to 0% on CBU imports from ASEAN (starting January 2018) will give automakers a further chance to increase their domestic sales through imports.
■ Local producers are also slashing car prices ahead of year-end, in order to shift stock ahead of the imminent start of cheaper imports.
■ Smaller cars should see stronger sales growth, as they are benefiting from greater tax cuts.
■ Recent investments by PSA and Hyundai in local manufacturing have  improved the near-term production outlook.

Threats

■ The elimination of import tariffs from ASEAN member states by 2018 will undermine domestic vehicle manufacturing.
■ Rising traffic congestion presents an obstacle to new car sales.
■ Any renewed slowdown in the Vietnamese economy would, by extension, lead to a fall in new vehicle sales.

To get this report for free, email us at Info@espacework.com

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