Indonesian auto manufacturer seeks to survive amid COVID-19 World

Indonesian auto manufacturer seeks to survive amid COVID-19

PT Astra International, one of the leading automobile manufacturers in Indonesia, is looking to adopt new survival strategies, including cutting operational costs and increasing its digital presence, in the face of slumping vehicle demand worsened by the COVID-19 pandemic.
COVID-19 affects Vietnam’s automotive industry Business

COVID-19 affects Vietnam’s automotive industry

The spread of the COVID-19 pandemic in almost all countries and territories worldwide is likely to force automobile manufacturing and assembly firms in Vietnam to scale down operations and even close their factories.
Indonesia’s car sales fall nearly 11 percent in 2019 World

Indonesia’s car sales fall nearly 11 percent in 2019

Indonesia sold 1.03 million cars in 2019, a drop of 10.8 percent year on year from 1.15 million units the previous year, due to the weak demand and other factors, according to the car manufacturer association (Gaikindo).
Vietnam's demand for machinery to keep growing Business

Vietnam's demand for machinery to keep growing

Vietnam’s machinery and equipment market has achieved solid growth in recent years and the momentum is expected to continue, making the country increasingly attractive to foreign investors, experts have said.
Sharp plans new production plant in Vietnam Business

Sharp plans new production plant in Vietnam

Japanese electronics giant Sharp on August 1 announced its plan to build a new plant in Vietnam in order to avoid new tariffs being imposed in the escalating trade dispute between the US and China.
ASEAN promotes development of automobile sector World

ASEAN promotes development of automobile sector

ASEAN economic ministers will sign a pact on mutual recognition arrangements (MRAs) for automobiles and parts as well as the improvement of protocols for dispute settlement mechanisms in September.
Fast AUTO Show opens in Bangkok ASEAN

Fast AUTO Show opens in Bangkok

Thailand’s car sales this year are likely to go up thanks to the improved purchasing power of many people, in line with recent better prices for agricultural products.
Vietnamese, RoK universities cooperate in HR training Society

Vietnamese, RoK universities cooperate in HR training

The Ministry of Education and Training has approved the cooperation programme between Vinh Long University of Technology Education (VLUTE) and the Republic of Korea (RoK)’s Tongmyong University to train high-quality human resources in IT and automotive engineering technology.