Kymco commissions motorcycle factory in Binh Duong
Sunday, May 24,2015AsemconnectVietnam - Motorcycle manufacturer Kymco has put into operation a US$20-million facility at Dai Dang Industrial Park in the southern province of Binh Duong, Vietnam News Agency reports. Motorcycle manufacturer Kymco has put into operation a US$20-million facility at Dai Dang Industrial Park in the southern province of Binh Duong, Vietnam News Agency reports.
The Taiwanese company said the new factory assembles motorcycles and outsources spare parts for sale in Southeast Asia and European markets, including Germany, France and Italy. The facility will operate as a manufacturing center for the region.
The new factory is part of a long-term strategy of Kymco to invest heavily in facilities and human resources in this market. In addition to motorcycle production factories, the company has opened many showrooms nationwide.
Tran Thanh Liem, vice chairman of Binh Duong Province, said local leaders support the motorcycle project of Kymco as this is one of the sectors the province is calling for investors.
Kymco launched motorcycle model Many S with engines of 50cc for female customers as well as K-Pipe 125cc and Xciting 400 models on the opening of the facility.
Source: The Saigon Times Daily
Nam Viet Fisheries (ANV) targets 8-fold profit growth in 2024 despite low pangasius prices
Saigonres (SGR) continues to make ambitious plans for 2024
Nam Kim Steel (NKG) plans to increase profits sharply in 2024 and wants to mobilize VND1,579.7 billion from shareholders
BVBank (BVB): Profit target of VND200 billion, increased capital to more than VND6,400 billion, listed on HOSE
Banks record positive business indicators in Q1 2024
Vietjet offers speical promotions on its flights to Australia
OCB estimated to achieve about VND1,200 billion profit in Q1/2024
Cienco 4 (C4G) target 92% increase in profit after tax in 2024
PVTrans (PVT) plans for consolidated profit in 2024 to reach VND760 billion
MSB plans to profit VND6,800 billion and pay 30% dividend
Vinhomes (VHM): Promoting potential new projects, profit target of VND35,000 billion in 2024
Da Nang Rubber (DRC) plans profits go backwards in 2024
Positive business results, DNSE plans to pay 5% cash dividend
Petrolimex Import-Export (PIT) plans to close the petroleum segment, focusing on the spice industry
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
12th-century ancient road unearthed at My Son Sanctuary
An ancient road dating back to the 12th century has freshly been discovered in an excavation on architectural ruins at the east side of ...Efforts made to seek UNESCO’s recognition for Con Moong ...
Vietnam Art Photo Contest and Exhibition 2024 to be held ...
Bas-relief featuring talks between Uncle Ho and soldiers ...