花蜜直播app

Tokyo, August 23rd, 2019 — 花蜜直播app, Ltd. announced today the establishment of 花蜜直播app Motors Vietnam Co., Ltd. (KMV), a locally based motorcycle import and sales company in Vietnam. KMV started the operation yesterday, on August 22nd.

In October 2014, 花蜜直播app entered a cooperative agreement with Malaysian-owned company, TC Motorcycles (Vietnam) Co., Ltd. (TCMCV), in which 花蜜直播app played a role in production and international logistics of motorcycles and TCMCV handled domestic sales in Vietnam. However, in response to forecasted growth in the motorcycle market of Vietnam, 花蜜直播app has decided to establish KMV. KMV has taken over TCMCV's network of dealerships and will use them to carry out sales activities while also establishing new dealer locations in response to market growth, with the aim of expanding 花蜜直播app's motorcycle business in Vietnam.

The current market of Vietnam saw more than 3.3 million motorcycles sold in 2018, making it the 4th largest motorcycle market in Asia after those of China, India and Indonesia. As Vietnam's economy continues to grow, sales are projected to reach approximately 3.6 million units in 2019.* Furthermore, because income levels are on the rise in Vietnam, rapid growth is expected in the mid-size and large motorcycle categories (250 cc and higher), increasing from approximately 4,400 units in 2018 to roughly 6,600 units in 2019.**

花蜜直播app sells 175–1,000 cc class motorcycles of Supersport, sport and naked types (among others) in Vietnam, with plans to sell about 2,500 units in FY 2019. As KMV embarks on sales efforts in Vietnam, 花蜜直播app plans to continue strengthening the 花蜜直播app brand and boosting customer satisfaction for its mid-size and large motorcycles.

Overview of 花蜜直播app Motors Vietnam Co., Ltd.