Sunday, August 20, 2017 - 16:56:57

Yamaha Motor to expand Hanoi-based factory

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The Japanese motorbike manufacturer Yamaha has promised to invest 26 million USD in its factory in Hanoi to increase the capacity by 50 percent to 1.5 million units per year.

This effort is part of Yamaha's 90 million USD investment plan to meet high demand for motorbikes in Vietnam and India .

Total profit from motorbike sales in Vietnam grew 19 percent in the first six months of the year compared to the same period last year.

Yamaha sales peaked at 6.96 million units globally last year, ranking second after Honda Motor Corp./.
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