MoU inked for enhanced capacity of support industry firms Business

MoU inked for enhanced capacity of support industry firms

Toyota Motor Vietnam Co., Ltd. and the Ministry of Industry and Trade’s Industry Agency on May 17 signed a memorandum of understanding (MoU) on their cooperation project to improve the capacity of domestic enterprises operating in supporting industries and strengthen their linkages with automobile assemblers.
Vietnam’s auto sales set to miss target Business

Vietnam’s auto sales set to miss target

With a continuous year-on-year decline in sales this year, the domestic auto industry is unlikely to achieve the 10 percent growth predicted by the Vietnam Automobile Manufacturers’ Association.