Vietnam’s first trailer manufacturing factory inaugurated
Truong Hai Auto JSC (THACO) on February 15 put into operation a factory manufacturing trailers and other heavy special vehicles at the Chu Lai-Truong Hai Complex, Quang Nam province.
The opening ceremony of trailers and special vehicles factory (Source:baoquangnam.com.vn)Construction of the 6.75-million-USD factory, the first of its kind in Vietnam, began on November 1, 2015 on a 24,000-sq.m. site.
With a designed capacity of 5,000 products per year, the factory is equipped with state-of-the-art equipment and technology.
It is projected to churn out 3,000 vehicles in 2016. Of these, 1,200 are trailers.
Nguyen Mot, THACO’s Communications Director, said the factory aims to meet the domestic market’s increasing demand for transportation and help ease the country’s dependence on imports while looking toward exports.-VNA
You should also see
Hmong ethnic people preserving traditional blacksmithing
Long Hay, in Muong Phang, Dien Bien Phu city, Dien Bien province, is a village inhabited by Hmong ethnic people. Some local families have continued the traditional craft of forging agricultural tools.
See more
Business
Cam Lam - Vinh Hao Expressway to help drive south-central region's economy
The 78.5km Cam Lam - Vinh Hao Expressway, one of the three sub-projects of the North - South Expressway project’s eastern wing, officially opened to traffic on April 26.
Business
Vietnam needs drastic reforms to create firm ground for economic growth: experts
Drastic institutional reforms are needed to create firm ground for economic growth in the context that persistent challenges, both external and internal, still cloud the growth prospect, experts have said.
Business
Dak Lak firm pioneers in following EUDR in coffee production
The Dak Lak September 2 Import-Export Company Limited (Simexco) has pioneered in building coffee growing areas following the EU Deforestation Regulation (EUDR), it announced on April 25.
Business
Energy industry needs nearly 5 trillion VND of investment in 2021-2030
The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
Business
Dong Nai calls for Korean investment into green growth
The southern province Dong Nai introduced its investment projects and incentives to the Republic of Korea (RoK)’s firms at a workshop in Seoul on April 25.
