Ford Vietnam

Update news Ford Vietnam

Ford temporarily suspends production in Vietnam due to COVID-19

Ford Motor Company has announced it will temporarily cease production at its assembly plant in Vietnam in response to the growing impact of the novel coronavirus pandemic.

Ford Vietnam announces US$82 million expansion of Hai Duong assembly facility

Ford Vietnam on January 14 announced it was investing another US$82 million (VND1.9 trillion) to upgrade its Hai Duong assembly facility and expand its annual production capacity to 40,000 vehicles.

 

Car sales in Vietnam up 12% y/y in 2019

The year of 2019 was a difficult period for Vietnam’s auto market, but also marked positive performances of most local car producers.

First Vietnamese appointed CEO of Ford Vietnam

 VietNamNet Bridge – Ford on July 10 officially announced the decision to appoint Mr. Pham Van Dung as the Chief Executive Officer (CEO) of Ford Vietnam.

Toyota Vietnam CEO elected VAMA Chair

 VietNamNet Bridge – The Chief Executive Officer (CEO) of Toyota Vietnam has replaced Ford Vietnam’s CEO to assume the chairmanship of the Vietnam Automobile Manufacturers Association (VAMA) as of January 30, according to VAMA’s announcement.

BUSINESS IN BRIEF 28/1

Piaggio VN recalling scooters for service on fuel pipe defects; Majority of listed companies report Q4 gains in Hanoi; Plastic industry leans on imports; Hepza to attract $700 million in 2015; Low oil prices both good and bad for Vietnam

BUSINESS IN BRIEF 23/1

 Last year sees strong luxury car sales; Swiss firms invest US$1.94 billion in Vietnam; Foreign textile firms reel out new investments in anticipation of TPP; VSIP looks to expand Quang Ngai investment

BUSINESS IN BRIEF 3/6

 Foreigners, OVs to get VAT refunds as from July 1; Ford Vietnam gearing up to expand nationwide; Singaporean investors eye Vietnamese real estate market; VAMC sets annual target for debt purchases