The market for high-powered motorbikes is expected to boom after theGovernment moved to relax policies on driving licences, which will takeeffect from next March.
The Ministry of Transportlast week removed regulations on providing the special A2 licences formotorbikes with an engine capacity of more than 175 cc. The licence waspreviously limited to specific applicants, typically police officers,military personnel and motorsport athletes.
According to the ministry, the A2 licences will be granted to applicantswho pass driving tests for high-capacity motorbikes.
Market insiders said despite tight regulation on A2 licensing, thehigh-powered motorbike market had seen rising sales during recent years.
Meanwhile, many people have been reportedly trying to join motorsport clubs, just to be eligible for the licences.
Nguyen Van Dung, director of Viet Nhat Corporation, a leading dealerfor Yamaha in Hanoi, said his company last year began importing a rangeof high-powered bikes. "I think there will be a influx of high-poweredimports from now on to service the boom in demand after the A2 law isremoved," he said.
Sensing the trend, Suzuki Vietnamlast year imported a number of high-powered bikes such as theGSX-R1000, GSX-R750, GRX-R600, Inazuma, Intruder M18000 and M800.
Meanwhile, a number of world leading bike makers have set up officialdealerships in the country in the past two years, including names suchas Benelli, Ducati and KTM.
Ducati was the firstEuropean manufacturer to come to Vietnam, setting up shop in 2009 andwithin three years, expanding its reach from HCM City to Hanoi to meetthe increasing demand in the North.
Famed Austriansport brand KTM arrived in August and opened dealerships in Hanoi lastmonth after opening its first outlet in Ho Chi Minh City.
Harley Davidson and the UK's Triumph are expected to join the market soon.
The Vietnamese market has seen significant growth with around 3million bikes purchased annually. Five joint ventures currently dominatelocal market with a 95-percent share, including Honda, Yamaha, SYM,Suzuki and Piaggio.-VNA
The Ministry of Transportlast week removed regulations on providing the special A2 licences formotorbikes with an engine capacity of more than 175 cc. The licence waspreviously limited to specific applicants, typically police officers,military personnel and motorsport athletes.
According to the ministry, the A2 licences will be granted to applicantswho pass driving tests for high-capacity motorbikes.
Market insiders said despite tight regulation on A2 licensing, thehigh-powered motorbike market had seen rising sales during recent years.
Meanwhile, many people have been reportedly trying to join motorsport clubs, just to be eligible for the licences.
Nguyen Van Dung, director of Viet Nhat Corporation, a leading dealerfor Yamaha in Hanoi, said his company last year began importing a rangeof high-powered bikes. "I think there will be a influx of high-poweredimports from now on to service the boom in demand after the A2 law isremoved," he said.
Sensing the trend, Suzuki Vietnamlast year imported a number of high-powered bikes such as theGSX-R1000, GSX-R750, GRX-R600, Inazuma, Intruder M18000 and M800.
Meanwhile, a number of world leading bike makers have set up officialdealerships in the country in the past two years, including names suchas Benelli, Ducati and KTM.
Ducati was the firstEuropean manufacturer to come to Vietnam, setting up shop in 2009 andwithin three years, expanding its reach from HCM City to Hanoi to meetthe increasing demand in the North.
Famed Austriansport brand KTM arrived in August and opened dealerships in Hanoi lastmonth after opening its first outlet in Ho Chi Minh City.
Harley Davidson and the UK's Triumph are expected to join the market soon.
The Vietnamese market has seen significant growth with around 3million bikes purchased annually. Five joint ventures currently dominatelocal market with a 95-percent share, including Honda, Yamaha, SYM,Suzuki and Piaggio.-VNA
