Indonesia car sales rise 228 percent in May World

Indonesia car sales rise 228 percent in May

Indonesia’s car sales jumped by 228 percent year on year in May 2021, while that of motorcycles increased 277 percent on an annual basis, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.
Toyota, Honda suspend production in Malaysia World

Toyota, Honda suspend production in Malaysia

Toyota Motor Corp and Honda Motor Co. have ceased operation of their factories in Malaysia after this Southeast Asian country initiated a national lockdown to curb the spread of COVID-19 on June 1.
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.
FPT, Toyota launch digital transformation joint venture Business

FPT, Toyota launch digital transformation joint venture

Vietnam’s leading IT services provider FPT Software, a subsidiary of FPT Corporation, and Smart Holdings of Toyota Group have recently launched FPT Smart Technologies - a joint venture providing digital transformation services and solutions.
Vinh Phuc – a magnet for Japanese investors Business

Vinh Phuc – a magnet for Japanese investors

With significant investment in building transport and industrial infrastructure as well as favourable mechanisms and policies in support of investors, Vinh Phuc is emerging as an attractive destination for Japanese businessmen.
Auto sales fall 14 percent in August Business

Auto sales fall 14 percent in August

Automobile sales in August were down 14 percent against July, to 20,655 units, despite the introduction of a range of promotional programmes, according to the Vietnam Automobile Manufacturers’ Association (VAMA).