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2021 bodes well for mechanical engineering


2021 bodes well for mechanical engineering
Chia sẻ |
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 14/02/2021
  
08:52
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After suffering a significant fall in revenue last year, the mechanical engineering industry has high hopes for recovery in 2021, given Vietnam’s good COVID-19 control and participation in free trade agreements.
The mechanical engineering industry has high hopes for recovery in 2021 due to the country s good control of pandemic and participation in FTAs. 
According to a report from the Vietnam Association of Supporting Industries (VASI), in 2020, due to the impact of the COVID-19 pandemic, nearly half of member businesses experienced a sharp decline in revenue, especially in the first half of the year. ....

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Low-cost cars remain dream for Vietnamese


Low-cost cars remain dream for Vietnamese
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 31/12/2020
  
12:00
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Vietnam’s automobile industry had a prosperous year 2020 despite COvid-19. Manufacturers scaled up production, and new investors appeared.
Big investments
The biggest investment project of the year was the automobile factory in Ninh Binh province developed by Thanh Cong Group and Hyundai Motor.
The factory, covering an area of 50 hectares in Gian Khau IZ, has total investment capital of VND3.2 trillion. With capacity of 100,000 products a year, the factory will manufacture vehicles meeting Euro 5 and Euro 6 standards. ....

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