Vietnam gets in top gear.(Biz bites)(Viet Nam Engine and Agricultural Machinery Corp.)(Brief Article)

Business Asia | April 1, 2004 | Copyright

The Vietnamese government has given the go-ahead to the country's leading diesel engine producer, Viet Nam Engine and Agricultural Machinery Corporation, to produce and assemble commercial vehicles. Company management board head Quan Thang said the company would start production of components such as bodies, chassis, engines and gearboxes. This is the third state-owned corporation to receive government approval to produce vehicles, the others being the Viet Nam Automobile Industry Corporation and Viet Nam National Coal Corporation.

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