Multipurpose MPV segment in May: Toyota Innova is out of time, let Suzuki XL7 surpass sales Previously, Toyota Innova was a special case in the Vietnamese market when it was not the only product in the segment but was mentioned as a “alone and one horse” model. For Vietnamese people, when it comes to MPV for family, they refer to Innova. At that time, other names such as Kia Carens, Rondo or Chevrolet Orlando were just extras for those with different needs. However, the power department has completely changed when the appearance of two models Mitsubishi Xpander and Suzuki XL7 makes the competition in this car group in the last 2 years become more fierce than ever. The outdated design has not changed much, the equipment is at a sufficient level, plus the price policy is quite high compared to the common ground of the opponent, which is causing Innova to gradually lose its attraction in the market. In contrast, two emerging “rookies”, Mitsubishi Xpander and Suzuki XL7, possess a youthful and modern design, along with a dense array of utility equipment to help these two models be chosen by many domestic consumers. yellow”. Toyota Innova used to be a “alone and one horse” model in the multi-purpose MPV segment According to a report by the Vietnam Automobile Manufacturers Association (VAMA), in May 2021, the leading position in the multi-purpose MPV segment continues to call the Mitsubishi Xpander name with sales of 1,470 vehicles in the month. car, leading the whole market in this car group. Mitsubishi Xpander is officially the new “king” in the versatile MPV segment Although only appearing on the market for a short time, Suzuki XL7 has also created many waves in the ranking race in the multi-purpose MPV segment in recent months. Sales report of Suzuki Vietnam said that in May 2021, sales of XL7 sold to the market were 476 units, officially surpassing sales of Toyota Innova. Currently, Suzuki XL7 is facing supply difficulties when the factory in Indonesia lacks chips. Contrary to the “sold out” status of the Suzuki XL7, the longtime “king” in the market, Toyota Innova, was officially surpassed by this “rookie”. Innova’s car sales are 339 units, 77 units less than XL7. Hit hard and first in the cheap multi-purpose MPV segment, in addition to Innova, Toyota Vietnam also distributes two other models, Rush and Avanza. Toyota Rush is one of 3 popular multi-purpose MPV models on the market Similar to the two models of Mitsubishi Xpander and Suzuki XL7, Toyota Rush has continuously maintained the attraction of users since its first return to Vietnam at the end of 2018. The design is suitable for the needs of domestic customers. , versatile and powerful operation, the same price and attractive incentive programs are considered the keys to Rush’s breakthrough in sales. In May 2021, Toyota Rush sold 449 units, ranked 3rd in the whole market in the MPV segment for the month. Suzuki Ertiga is currently out of stock due to lack of supply Before the XL7 was brought home, Suzuki Ertiga was also considered a serious competitor of Toyota Innova and Mitsubishi Xpander. However, the scandals about the price of “expensive” spare parts, and the frequent delay in handing over the car made the Ertiga’s image blurred in the eyes of consumers. The sales report of this model in May 2021 is 115 units, with Toyota Avanza (sales of 2 units) standing at the “penultimate” position in the ranking.

Trends in furniture design favor simplicity and versatility in order to reduce costs during the epidemic period. Changing shopping needs
Mr. Nguyen Van Binh, residing at lane 133 Thinh Liet (Hoang Mai, Hanoi) said that his family had just bought an apartment in Tan Mai street (Hoang Mai) and was installing it. furniture. However, due to the decrease in income during the Covid-19 epidemic, his family prioritizes moderate-priced wood materials, from 700,000 to 800,000 VND/m2 to build beds, tables and chairs, and floors. For other furniture, such as TV shelves, wardrobes, and kitchen cabinets, preference is given to industrial wood with prices ranging from 400,000 to 500,000 VND/m2. “Wood is still the most popular product when it comes to interior finishing, but with the current epidemic situation, my income has decreased, so I have to use affordable products. In fact, cheaper products do not mean that they will break quickly during use. If the elements are not moldy, waterproof, etc., it will still prolong the life of the furniture. In addition, using affordable products when you want to change the design is also less expensive, “- Mr. Nguyen Van Binh shared.
Currently, most people do not want or cannot afford to install high-class wood products, instead switching to industrial wood product lines, such as MDF, Veneer, and MFC. .., has a lower price, but not much inferior in terms of design, usability, even somewhat superior in form. According to General Director of Tam Phat Fine Art Wood Company, Pham Quoc Truong, the affordable industrial wood product line is the preferred choice by consumers, not only at the “softer” price compared to natural wood. , but also in line with the tastes of today’s youth. “Industrial wood is simple but still brings sophistication in design, easy to use, easy to clean. This is the advantage that helps industrial wood furniture to compete fairly with natural wood” – Mr. Pham Quoc Truong acknowledged.
Simple design choices
Mr. Hoang Van Thuy, owner of Thuy Ha furniture factory, Lien Ha commune (Dong Anh, Hanoi) said that currently, wooden products used for interior decoration on the market have a variety of designs. price. Wood material not only brings elegance and aesthetics, but when designed, it is easy to combine with items in many different spaces. Therefore, wood materials are always preferred by people.
Accordingly, sophisticated patterns and motifs are replaced with less cumbersome, monochromatic shapes, suitable for young families, townhouses or apartments. In addition to meeting the requirement of simplicity, due to limited living space in urban areas, consumers want to use multi-functional, integrated furniture, for example, kitchen cabinets with many drawers, rotating cabinets. or slide to hold multiple items. In addition to simplicity and versatility, smart furniture also plays an increasingly important role in living space in urban areas to optimize the area of ​​​​the house. For example, combining the use of a wooden table with a bed with many drawers, the foot of the stairs combined with a shelf… The arrangement of utilities near each other helps the house space to add more space, people can more opportunities to enjoy the benefits of 4.0 technology. With the change in tastes, along with the tight spending mentality during the current epidemic period, consumers are tending to use wood products with simple designs and multi-purpose furniture.

Owner of Thuy Ha furniture factory, Lien Ha commune (Dong Anh) Hoang Van Thuy

Orders for the F-16 fighter version Block 70/72 will be completed at the factory in Greenville. Nearly 400 jobs will be created to support this production line, almost double the workforce employed at Lockheed Martin’s plant in Greenville. This will be the only surviving F-16 production line in the world. It was set up three years after Lockheed Martin discontinued the line in Fort Worth, Texas. Recently, representing five partner countries, the US Air Force signed a contract with Lockheed Martin worth $14 billion to build 128 F-16s by 2026. The first F-16s of this line will ship in 2022 and production will increase steadily in the following years. These aircraft will be delivered to Bahrain, Slovakia, Bulgaria and Taiwan territories. The F-16 Block 70/72 will be integrated with active electronically scanned array radar (AESA), advanced medium-range air-to-air missile (AMRAAM) with longer strike capability, and a suitable expanded fuel tank. with the fuselage. Even after 2026, the US is expected to receive more orders for the F-16 due to its reasonable price and versatility.