Business Development Asia LLC
South East Asian Automotive News
ISSUE 5, FEBRUARY 1998
VIETNAM
Mitsubishi Motors will begin assembling cars through its JV in Ho Chi Minh City in April 1998. Knocked down parts will be imported from a manufacturing base in Taiwan and assembled in the JV facility. The JV is owned by Mitsubishi, Proton of Malaysia and local partners. (January 19th 1998) The Vietnamese Government is contemplating a temporary ban on imports of motor vehicles with fewer than 12 seats and under 7 tonnes. This move would placate foreign carmakers in Vietnam who have recently complained that the Government's excessive lenience on foreign investment have led to production lines operating at less than 20% capacity. (January 23rd 1998)
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