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Ford expansion’s impact on Vietnam’s vehicle output muted by imports: Fitch Solutions
U.S. automaker Ford Motors’ latest announcement that it intends to expand its Vietnamese plant will provide only a modest boost to the country’s vehicle output over this year and next, according to Fitch Solutions.
Ministry of Industry to propose credit package to help car companies drive forward
The Ministry of Industry and Trade will propose to build a credit package of 100 trillion VND (4.4 billion USD) for developing the support industry for industrial sectors, especially automobile production.
