HA NOI (Biz Hub) — The Viet Nam Motor Industry Corporation (Vinamotor) received a licence to invest in manufacturing automobiles in Dong Vang in the northern province of Bac Giang.
The VND140 billion (US$6.6 million) project has an annual production capacity of 3,000 buses and 5,000 lorries.
The province also granted an investment license to DV motor company for a VND16.5 billion project to manufacture motorbikes and electric bikes.— VNS