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All cars within reasonable price ranges sell regularly, but sales are slack for unreasonably-priced cars unless they reduce prices

Let me know about the current car market situation.

Currently, car prices are falling. Not all prices are falling. The car market started to rise in May 2024, until June, July, and August, and began cold again in September. In August, some raised to the highest unreasonable prices, based on the exchange rate although it was not a market price. From September till October, November and December, the cars with raised prices started to sell at lower prices. Some cars’ prices haven’t reached back to those in May, so we can say not all prices were falling.

What types of cars are facing falling prices?

Brand New SKB cars are falling because many people in Myanmar calculate prices based on the exchange rate, and the rate exceeded 7000 in the external market in July and August. When the price of pure gold exceeded eight million kyats, they raised theirs to the highest price, all of which were falling. The cars whose prices are not falling include Japan-made right hand drives. They are not among those that are raised to very high prices.

How is the EV car trading situation?

All cars, whether they are gasoline cars or EVs, are sold based on the exchange rate. Although dollar is strong, if supply cannot meet demand, they do not have goods to pull the price up. Since they only get proportionally, they can sell proportionally. When dollar is weak, goods do not enter in bulks, so prices do not fall too much.

How many percentages did it fall?

In terms of percentage, it fell at least between 10 to 20 percent.

How is the trading going when the car price is on the decline?

Since all the cars that are priced higher than they should be cannot be sold unless they are lowered, trading became slow or stopped for them. All the cars within a reasonable profit margin sell regularly, although it is not a good trading compared to July and August.

As the year has come to its end, how was the car market this year as a whole?

In our opinion, the number of auto market fluctuations and changes has decreased compared to 2023. 2024 is a year of normal trading. Prices didn’t return to the levels of 2023 where there were a lot of fluctuations and impacts. But, a car worth K 10 million in 2023 cannot be purchased at the same price in 2024- the price has exceeded it. In terms of trading, about 70 percent of the market had normal sales, and 30 percent has stopped trading.

Thank you for your answer, sir.

MT/ZN

When your friends is too noob ?
င Noob တွေဆိုရှောင်....

ပေါ်တိုနှင့် အိုလံပီယာကော့စ်နည်းပြဟောင်း ပါရဲယားကို ဝုဗ်အသင်း ခေါ်ယူခန့်အပ်မည်

ဝုဗ်အသင်းဟာ နည်းပြအိုနေးလ်ကိုထုတ်ပယ်လိုက်ပြီးနောက် ပေါ်တိုနဲ့ အိုလံပီယာကော့စ် နည်းပြဟောင်း ဗစ်တာပါရဲယားကို ခေါ်ယူခန့်အပ်သွားမယ်လို့ သိရပါတယ်။

တန်းတက် အစ်ဆွစ်နဲ့ပွဲမှာ ၂ ဂိုး ၁ ဂိုးနဲ့ ရှုံးနိမ့်ခဲ့ပြီးနောက်မှာ အဆင့် ၁၉ အထိ ကျဆင်းသွားခဲ့တာကြောင့် နည်းပြ ဂယ်ရီအိုနေးလ်ကို ထုတ်ပယ်ဖို့ ဆုံးဖြတ်ခဲ့တာပါ။

ဆော်ဒီကလပ် အယ်လ်ရှာဘက်အသင်းကို ကိုင်တွယ်နေတဲ့ နည်းပြ ပါရဲယားဟာ ဘရာဇီးကလပ်တွေ ဖြစ်တဲ့ ဖလာမင်ဂို၊ ကိုရင်သီယန် အသင်းတွေအပါအဝင် ဖီနာဘာချီ၊ ရှန်ဟိုင်းပေါ့ အစရှိတဲ့အသင်းတွေကိုလည်း တာဝန်ယူခဲ့ဖူးပါတယ်။

အသက် ၅၆ နှစ်ရှိ ပေါ်တူဂီ နည်းပြ ဗစ်တာပါရဲယားဟာ ပေါ်တူဂီကလပ် ပေါ်တိုနဲ့ ဂရိကလပ် အိုလံပီယာကော့စ်အသင်းတွေမှာ အမှတ်ပေးချန်ပီယံဖြစ်အောင် စွမ်းဆောင်နိုင်ခဲ့သူ ဖြစ်ပါတယ်။
DVB

Vietnam’s sweeping administrative cuts stir investors’ anticipation, worries

Published Tue, Dec 17, 2024 · 04:49 PM

COMMUNIST-RUN Vietnam is planning its boldest bureaucratic reform in decades, slashing ministries, agencies and broadcasters in a bid to reduce bottlenecks and red tape, but risking short-term “paralysis”, officials and investors said.

Under the plan, five ministries, four government agencies and five state TV channels would be among the bodies that will cease to exist, according to Communist Party documents reviewed by Reuters and reports in state media. The proposal is still in its preliminary stages and is subject to changes by the time it is set to be voted in parliament in February.

No figure has been circulated about the number of jobs that could be cut, but thousands of state employees are likely to be affected, based on the magnitude of the cuts envisaged in the documents.
Vietnam, a South-east Asian industrial hub, relies heavily on foreign investment in manufacturing, which fuels a booming export-oriented economy.

However, in recent years investors’ discontent has grown louder over delays in project approvals and regulatory reforms, compounded by a sweeping anti-corruption campaign.

Responding to that criticism, Vietnam’s new Communist Party leader To Lam this month launched a massive overhaul of state bodies, soon after he was appointed to the country’s most powerful job.
Vietnam’s home and foreign affairs ministries did not reply to requests for comment.

The bold move comes about a year before the Communist Party congress, which in early 2026 will decide whether to confirm Lam in his job.

It also coincides with similar post-pandemic government cost-cutting measures being implemented or pledged across the world, including by Argentina’s libertarian president Javier Milei and US president-elect Donald Trump.
Among the planned measures, the investment ministry, which is responsible for approving industrial projects, will be merged with the finance ministry.

For a while “investors may experience delays or uncertainty as the new structures are established and the dust of this top-level governance merger settles”, said Leif Schneider, head of international law firm Luther in Vietnam.

But “the long-term outlook is more optimistic”, he added, saying Vietnam could become a more investor-friendly destination if the reform is executed effectively.

Mixed views
Nine investors, diplomats and officials interviewed by Reuters shared the same mixed assessment, with many anticipating new administrative delays in the short term.

“Expect paralysis to be the normal for a while,” said a Western Hanoi-based diplomat, who also speculated that the reform may also be an attempt by Lam to consolidate power.

Two foreign investors expected the reform would bring about long-awaited simplified procedures for businesses, although it was likely to slow project approvals for some months.

They declined to be identified to speak more freely.

Australia’s ambassador in Hanoi Andrew Goledzinowski likened the current phase to Vietnam’s wide-ranging economic reforms of the 1980s, which turned the war-torn Communist country into a major trading nation in the following decades.

“Vietnam’s New Era is dawning at a critical time” as investors seek safe havens in a phase of growing protectionism, Goledzinowski wrote in a social media post.

“Money is like water,” he noted, however. “When it is blocked, it goes elsewhere.” REUTERS

One hole behind
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Literally me:3
အဲလိုပါဆို 🤣

တစ်အိမ်လုံးဝိုင်းဆူသောအခါ
အားနေဆူနေကြတာပဲ 😴

မန်ယူနှင့်ပွဲစဉ်တွင် နှလုံးထိခိုက်ခဲ့သည့် မန်စီးတီးပရိသတ် ၁ ဦး ကွယ်လွန်

မန်ယူအသင်းနဲ့ မန်ချက်စတာဒါဘီပွဲစဉ်မှာ နှလုံးထိခိုက်ပြီး လဲကျခဲ့တဲ့ မန်စီးတီးပရိသတ် တယောက်ဟာ ဆေးရုံအရောက်မှာ ကွယ်လွန်သွားပါတယ်။

မန်ချက်စတာဒါဘီမှာ မန်စီးတီးက ဦးဆောင်ဂိုး အရင်သွင်းခဲ့ပေမဲ့ ပွဲပြီးခါနီးမှာ မန်ယူအသင်းက ချေပဂိုးနဲ့ အနိုင်ဂိုးတွေ သွင်းယူသွားတာပါ။

မန်စီးတီးအသင်းရဲ့ ဝင်ပေါက်တခုအနီးမှာ ပရိသတ်တယောက် လဲကျနေခဲ့ပြီး အမျိုးသမီးငယ် တယောက်က နှလုံးခုန်စက် တောင်းဆိုနေခဲ့ပြီး လုံခြုံရေးတွေကလည်း လာရောက်ကူညီခဲ့ကြောင်း မျက်မြင်တွေ့ရှိသူတယောက်က ပြောပါတယ်။

အဲဒီနောက် ဆေးရုံတင်ပို့ခဲ့ပြီးမှာ ကွယ်လွန်သွားတာလို့ သိရပါတယ်။ သေဆုံးသူဟာ ဘယ်သူဘယ်ဝါဆိုတာ မသိသေးပေမဲ့ မန်စီးတီးဘက်ကတော့ ပရိသတ်တယောက် ကွယ်လွန်သွားမှုအတွက် ကျန်ရစ်သူမိသားစု၊ မိတ်ဆွေသူငယ်ချင်းတွေနဲ့အတူ ထပ်တူ ဝမ်းနည်းကြေကွဲကြောင်း သတင်းထုတ်ပြန်ခဲ့ပါတယ်။
DVB
Photo-Reuters

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