Bicycle sales boom amid pandemic

Getting around by bicycle was once a traditional transportation method in Vietnam’s capital city.
Bicycle sales boom amid pandemic ảnh 1Many customers rush to bike shops on Ba Trieu street in Hanoi to buy bikes for physical exercise (Photo: VNA)
Hanoi (VNS/VNA) - Getting around by bicycle was once a traditionaltransportation method in Vietnam’s capital city.

But as time moved on, so too did travel habits, and push bikes were quicklyovertaken by motorcycles on Hanoi’s roads.

Now it seems cycles are making a comeback, thanks mainly to the COVID-19pandemic.

With the closure of gymnasiums due to increased social distancing regulations,many keep-fitters are swapping their gym gear for cycling shorts.

Bicycle shops say they have noticed a sharp increase in new business as moreand more people are hitting the road to stay in shape.

“My shop is selling locally-made and imported bikes from prestigeforeign companies,” said Van Duc, who own Anh Quan bike shop on Ba Trieu street.

“These days, my shop sells between 20-25 bikes per day, up between 15-20percent compared to before the pandemic.”

Ha Thu, another shop owner on the same street, agreed.

She said: “The pandemic has caused economic difficulties, so many people changetheir thinking and buy bicycles to minimise daily costs such asgas, parking fees and to exercise.

“Since May, my shop is selling twice as many bikes asusual at around 30 bikes a day."

Pham Duy, a bike shop owner in Dan Phuong district of Hanoi believespeople are also concerned about travelling on public transport because ofovercrowding.

"COVID-19 has changed many people's habits,” Duy said.

“All the gyms and yoga studios have closed and travel restrictions have mademany people bored as they want to go outside for physical exercise.

“During the pandemic, riding bikes provided one of the easiest ways to getoutside and get exercise while also practising social distancing."

Customer Minh Luu from Xuan Dinh district added: “I came here to buy a bike formy daughter to help her get ready for the next school year. Due to thepandemic, I want her to exercise more, so I bought this bike for her to exercisein the morning also.”

Teacher Nguyen Mạnh Anh from Cau Giay district ditched his motorbike a year agoand began to cycle instead. Now his whole family has followed suit.

“All the gyms, sport centres and parks were closed due to the pandemic,” he said.“I paid VNĐ5 million for the bike to ride to work and dophysical exercise.

“My wife and son also bought one each to use at the weekends for healthbenefits."

Computer engineer Thanh Nam opted to rent a bike instead of buying one.

He said: “I often ride around Ho Tay (West Lake) in the afternoon as there isfresh air there and the gym I often go to is now closed because of thepandemic.

“There are many bikes for rent around the West Lake and the price was verycheap, it costs around 40,000 VND (1.7 USD) to rent a bike for three hours, andusually it doesn’t cost extra money for extra time.”

Trung Phong sales director of State-run Thong Nhat Bicycle Company said theimpact of the pandemic has helped the bicycle market in recent months.

He said the domestic bicycle market share was estimated to reach between 2-3million units per year.

Bikes made by Thong Nhat company accounted for about 10 percent of the localmarket share with around 200,000-300,000 units per year.

Since the beginning of this year, his company has sold more than 100,000 bikes,marking an increase of about 1.5 times compared to the same period last year.The company now has nearly 400 bike shops and sales agents nationwide.

A representative of AEON Vietnam said that this year they have seen adramatic increase in bicycle sales with a growth rate ofbetween 200 and 300 per cent compared to last year and they predict it willcontinue to rise for the rest of the year.

According to bike dealers, although there has been a sharp increase thisyear, there had been a steady sales growth pre-pandemic with people optingfor 'greener' travel alternatives.

But many feel the domestic market is still lacking the presence ofprofessional retail chains and the majority of bike shops are managed bysmaller, independent traders.

The long-term future is bright, and as the economy develops, more and morepeople will take to cycling to improve health and living conditions.

Industry insiders also feel with an increase in construction of residentialareas and urbanisation, plans are in place to install designated cycle laneswhich will give cyclists more confidence to ride safely. 

Traffic congestion will be gradually solved as more people will move awayfrom using motorbikes or cars and users will shift from privatevehicle use to public transport, waking and cycling.

The bicycle sharing service and bike industry will also be developedand soon become an optimal choice for users who want to bike for shortdistances./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.