Russia’s auto maker sets project to build assembly plant in Vietnam
Russian automobile company Sollers sets project to build an assembly plant in Vietnam in 2018, the company’s General Director Vadym Shvetsov said on the sidelines of the third Eastern Economic Forum in Vladivostok, Russia on September 6 .
The company is negotiating terms with Vietnamese partners, including technical issues, industrial assembly facility, he said, adding that Vietnam also has conditions for setting up the facility. In July, Sollers first announced the plans to create a joint assembly plant in Vietnam with initial capacity of 1,000 cars per year, according to Shvetsov.
Sollers has worked with world leading automobile makers such as Ford, SsangYong and Mazda. Russian President Vladimir Putin announced the Russian – Vietnamese investment fund will invest 500 million USD in non-oil and gas projects in late June.
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Vietnam starts construction of US$432 million expressway to China
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KOICA launches new training program for Vietnamese journalists
The program is well designed and attached to new trends in South Korea and the world, which can be applied in Vietnam.
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UK-funded CFA to support nine low-carbon projects in Vietnam
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Hanoi’s latest proposal on Ring road No.4 project to save US$380 million
The project, estimated to be around VND87.1 trillion (US$3.81 billion), would be divided into seven sub-components and carried out under the combination of private-public partnership (PPP) and public investment mechanisms.
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Construction of $120-million compostable resin factory kicks off in Hai Phong
The project, invested by An Phat Holdings, is considered the largest green materials factory in Southeast Asia.
16:51, 2022/02/06
Construction of Long Thanh International Airport must be accelerated: Prime Minister
With such sluggish construction progress, Long Thanh International Airport may not be able to become operational by 2025 as planned.