Domestic two-wheeler makers taking on industry behemoths

Domestic two-wheeler makers taking on industry behemoths

One of the leading car manufacturers in Vietnam is moving into the light motorcycle market, lending more sparks to the fire that is Vietnam’s heated two-wheeler arena,  with the country’s own producers attempting to jostle with some of the world’s most successful brands.
JC&C to pour $170 million into THACO

JC&C to pour $170 million into THACO 1

After Vinamilk, JC&C is planning to splash out on Truong Hai Auto Corporation (THACO), helping it raise its charter capital to VND16.95 trillion ($737 million).
Foreign auto makers’ U-turn: not just not quitting VN, expanding

Foreign auto makers’ U-turn: not just not quitting VN, expanding

Toyota Vietnam has asked the Vinh Phuc Province People’s Committee to lease 9.1 hectares of land in Phuc Yen city to expand its plant and increase its annual capacity from the current 50,000 units to 90,000 by 2023.