Vietnam-China joint venture to build $800 mln automobile factory

Vietnam-China joint venture to build $800 mln automobile factory

Vietnamese conglomerate Geleximco and Omoda & Jaecoo Automobile, a subsidiary of Chinese state-owned automaker Chery Automobile, will jointly build an $800-million automobile factory in Vietnam's northern province of Thai Binh.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese conglomerate Geleximco, China’s Chery Auto sign $800 mln auto factory deal

Vietnamese conglomerate Geleximco, China’s Chery Auto sign $800 mln auto factory deal

Vietnamese conglomerate Geleximco and Omoda & Jaecoo Automobile, a subsidiary of Chinese state-owned automaker Chery Automobile, signed an agreement Thursday to establish an $800-million automobile plant in Thai Binh province.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Chinese automobile businesses flock to Vietnam

Chinese automobile businesses flock to Vietnam

The trend of Chinese automobile businesses flocking to Vietnam has been reinforced by Haima returning to Vietnam later this year with both gasoline and electric vehicles, distributed by local sales platform Carvivu.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7