Yamaha Motor to expand Hanoi-based factory
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.
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./.
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./.
You should also see
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.
See more
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
Business
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than 71 trillion VND (2.79 billion USD), an increase of 79% over the same period last year, according to a recent report by Metric.
Business
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
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.
