Vietnam's two biggest cities have 6,500 motorbike lube stores
Hanoi and Ho Chi Minh City, Vietnam’s two largest cities, currently have a total of 6,500 motorbike lube stores, GfK Vietnam Company, a unit of GfK Group, one of the top five market research companies worldwide, said. Motorbike repair stores in the cities contribute 80% to the industry’s revenues. Four foreign lubricant giants, such BP, Castrol, Mobil and Shell dominate the markets, contributing 80% of total lube revenues in these two cities, the research showed. Local Vietnamese brands including VILUBE, Petrolimex, Indopetrol, and Mekong are among the top 10
motorbike lube brands in these markets. (March 24, 2010)