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Wednesday, October 21, 2015

HONDA VIET NAM

An assembly line at a Honda Motor Viet Nam factory. Motorbike makers in the country are finding ways to boost export as the domestic market narrows. VNA/VNS Photo Hong Ky

Honda Vietnam starts construction of third factory in Hanam province
Honda Vit Nam started the construction of its third motorcycle plant in the Southeast Asian country.
Located in Duy Tien District, Hà Nam Province, the US $120 million plant is designed to expand its annual capacity by 500,000 motorcycles.
The production expansion is aimed at accommodating consistent and rapidly growing demand of the motorcycle market in Vit Nam.
The plant is expected to contribute over US $20 million to the local budget per year and create nearly 2,000 jobs for local laborers.
This is the biggest foreign-funded project in Hà Nam, according to the local Peoples Committee.
Honda Vit Nam has so far reached a total capacity of 2 million motorbikes this year from its two existing plants in Vĩnh Phúc Province, northwest of the capital city of Hà Ni.

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Source: Vietnam News, Honda Viet Nam



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