By launching new brands into the market, Toyota Motor Vietnam (TMV) has set its sights on selling 46,000 cars in 2015, up 13 percent from last year, said TMV General Director Yoshihisa Maruta at a press conference on April 2.

Last year, the company set records by manufacturing nearly 34,800 cars and selling 41,205, an annual increase of 24 percent, he said, underscoring that the results were buoyed by the additional injection of 19 million USD for new car projects and production lines.

TMV raked in 40 million USD from product exports, contributing to increasing its total export value in the past two decades to 286 million USD.

TMV’s major exports, including antennas, exhaust valves and gas pedals, are sold in 13 countries and territories such as Thailand, Indonesia, the Philippines, Malaysia, India, Argentina, South Africa, Taiwan (China) and Greece.

In addition to its business targets, TMV has made contributions of over 700 million USD to the national budget.-VNA