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| Representatives from authorities of the northern province of Hung Yen and TMT Motor JSC cut the ribbons to put the truck production line into operation. — Photo baocongthuong.com.vn |
HUNG YEN (Biz Hub) — The TMT Motor Joint Stock Company inaugurated a truck production line with an annual capacity of 20,000 units in the northern province of Hung Yen on March 1.
On the same day, the company also signed an agreement with the Chinese Sinotruck Group on manufacturing, assembling and distributing trucks and passenger buses.
It aimed to produce and export commercial trucks to the regional and international markets.
The same day, TMT reached a co-operation agreement with the Bank for Development of Viet Nam (BIDV), under which the bank would provide financial assistance to TMT's operations. — VNS