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

Geleximco ventures into auto making with $800 mln

Geleximco ventures into auto making with $800 mln

Vietnamese conglomerate Geleximco group is leasing 50 hectares of industrial land in Thai Binh province to build an $800 million gasoline and electric vehicle manufacturing facility.

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