Taiwan mechanics firm commences construction on $75 mln factory in northern Vietnam

Taiwan mechanics firm commences construction on $75 mln factory in northern Vietnam

Taiwan-based mechanics firm Lioho Machine Works has kicked off the construction of its $75 million factory in Vietnam’s northern province of Vinh Phuc.

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

Vietnam motorbike sales down 10% in Q2

Vietnam motorbike sales down 10% in Q2

Motorbike sales in Vietnam fell 10.15% year-on-year to 588,926 units in the second quarter of this year, the Vietnam Association of Motorcycle Manufacturers (VAMM) reported Friday.

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

Motorbike maker Piaggio invests $75 mln more in northern Vietnam

Motorbike maker Piaggio invests $75 mln more in northern Vietnam

Motorbike manufacturer Piaggio received an investment registration certificate on Tuesday to invest an additional $75 million in the northern province of Vinh Phuc, raising its total investment to $165 million.

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

Motorbike sales in Vietnam up 21% to 3 mln in 2022

Motorbike sales in Vietnam up 21% to 3 mln in 2022

Motorbike sales in Vietnam jumped 20.5% year-on-year to more than three million in 2022, after recording sales of 2.49 million in 2021 and 2.71 million in 2020.

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

2.17 mln motorbikes sold in 9 months

2.17 mln motorbikes sold in 9 months

Vietnam recorded sales of 2.17 million motorbikes in the first nine months of the year, approaching the figure of 2.5 million units for the whole of last year.

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