Traffic Jams Coming to Vietnam
Traffic Jams Coming to Vietnam
By Lance Winslow
Auto sales in Vietnam are up over 200%, which sure beats things in the United States with auto sales down year over year. Of course, they sold just under 9,000 vehicles in February and in the US we sell about 17 million per year. Nevertheless, traffic jams, which are already pretty bad in Vietnam, especially in the cities are about to get much worse. Vietnam is one of the fastest growing emerging markets today.
According to Industry Week, the Vietnamese Automobile Manufacturing Association stated that there was a 485% jump in commercial car sales and a 92% increase in passenger car sales! The US automakers had nothing to do with it, as it was Vinamotors, Suzuki and Toyota that sold the most cars. At the current rate there will be some 126,000 cars sold in Vietnam in 2008, but that number will likely increase. Some are already predicting up to 200,000 vehicles will be sold in Vietnam this year. The countries fuel needs will also increase as the number of cars sold climbs higher.
Indeed, someone needs to explain to Vietnam that if you build more cars, you need to build more roads too and preferably first. Vietnam is expanding economically very quickly, thanks in part to the assistance of the United States in opening up trade. Their economy is booming now and considered by many economists to be one of the top three emerging nations. There will be growing pains, such as increased pollution and traffic jams, in fact, they are already starting to get their fair share.
Learn more about civilizations and the importance of the Flow of Transportation: http://activerain.com/blogsview/393945/The-Flow-of-Transportation
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