Toyota follows Ford to suspend production in Vietnam due to coronavirus
Toyota Vietnam has temporarily shut down plant in Vinh Phuc province since March 30 due to coronavirus pandemic.
Toyota Vietnam has temporarily shut down plant in Vinh Phuc province since March 30 due to coronavirus pandemic.
Ford is temporarily suspending production in its factory in Hai Duong province from March 26 in response to coronavirus.
Viet Nam Engine and Agricultural Machinery Corporation, one of the largest companies in the field of engineering, machinery manufacturing, truck assembly and manufacturing has attained strong profits, mainly attributed to successes of its joint ventures with Honda, Toyota and Ford car makers.
Eight leading multinational enterprises including Bosch, Canon, Datalogic, Denso, Ford, General Electric, Panasonic, and Toyota have joined a program supporting 45 Vietnamese businesses to get the chance of becoming their suppliers.