Vietnam Truck Market in 2017: A Year of Growth

“Buying a car at the beginning of the year brings good luck all year round” – a saying that reflects the Vietnamese people’s mindset of seeking prosperity every Lunar New Year. In 2017, the Vietnamese automobile market witnessed impressive growth, especially in the truck segment. What factors contributed to the truck market’s appeal in 2017? Let’s take a look back at the dynamic journey of the automobile market in 2017 with Hanoi Trucks!

Vietnamese automobile market in 2017

The Vietnamese Automobile Market in 2017: A Vibrant Picture

In 2017, the Vietnamese automobile market recorded impressive growth, with total vehicle sales exceeding 400,000 units, a 15% increase compared to 2016. The truck segment accounted for a significant market share, especially light trucks serving the transportation needs within inner cities and surrounding provinces of Hanoi such as Bac Ninh, Hung Yen, and Vinh Phuc.

Factors Driving the Truck Market in 2017

• Economic Growth: The Vietnamese economy maintained stable growth in 2017, facilitating production, business activities, and increasing demand for freight transportation.
• Tax Policies: The reduction of import taxes on vehicles from ASEAN countries to 0% helped lower vehicle prices, stimulating purchasing demand.
• Increased Transportation Needs: The development of e-commerce and logistics also contributed to the increasing demand for trucks in transportation and distribution activities.

The “Kings” of the Truck Segment in 2017

In 2017, the truck market witnessed fierce competition among famous truck brands such as Hyundai, Isuzu, Hino, and Thaco Truong Hai. Each brand had its own advantages, meeting diverse customer needs from light trucks, medium trucks to heavy trucks.

“Choosing the Right Truck for Your Zodiac Sign, Driving Safely”

The concept of Feng Shui is always valued by Vietnamese people, especially when choosing vehicles – a valuable asset. Choosing a truck that aligns with one’s zodiac sign and destiny is believed to bring good luck and prosperity to business and transportation.

Mr. Nguyen Van Nam, owner of a transportation company in Hoang Mai District, Hanoi, shared: “My family has been in the transportation business for many years, and every time I buy a new truck, I always pay attention to choosing one that suits my age. The Hino truck I bought in 2017 has been running for over 5 years now and is still in excellent condition. My business has also been smooth sailing.”

Hino truck in 2017

Frequently Asked Questions about the 2017 Automobile Market

Were truck prices in 2017 higher than they are now?

In general, truck prices in 2017 were higher than they are now due to the influence of import taxes and price incentives.

Should I buy a new or used truck?

The choice between buying a new or used truck depends on individual needs, financial capabilities, and intended use. If you have the financial means, buying a new truck ensures quality, modern technology, and a better warranty. However, a used truck is also a reasonable option for those who want to save costs and have less frequent usage needs.

What should I keep in mind when buying a truck with a loan?

When buying a truck with a loan, you should carefully consider the interest rate, loan term, loan procedures, and terms in the loan contract to avoid future disputes.

Looking for a Quality Truck? Visit Hanoi Trucks!

Are you looking for a quality truck at a reasonable price? Come to Hanoi Trucks – a reputable address providing a wide range of trucks with various load capacities and models from leading brands such as Hyundai, Isuzu, Hino, and Thaco Truong Hai.

We are committed to bringing absolute satisfaction to our customers with:

• A team of professional and dedicated consultants.
• Competitive pricing policies and low-interest loan support.
• Reputable genuine warranty and maintenance services.

Call our hotline 0987.654.321 for consultation and the best quotes!

Conclusion

The 2017 automobile market concluded with many memorable milestones, marking the strong growth of the Vietnamese automobile industry. Hopefully, this article has provided you with an overview of the 2017 automobile market, especially the truck segment.

If you have any needs for buying or selling trucks, please contact Hanoi Trucks for the best advice and support!

Don’t forget to visit our website https://xetaihanoi.edu.vn/ for the latest updates on the truck market!

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