Hanoi production

Sun, 27 Oct 1996

Hanoi production

HANOI: Toyota has started local production and sales in Hanoi, Vietnam. Toyota Motor Vietnam Co Ltd held a ceremony on October 10 to mark the event.

The festivities began with a tour of TMC's new Me Linh plant in Vinh Phu Province, where complete knockdown production of the HiAce and Corolla has started. Toyota's president, Hiroshi Okuda, said the company regarded Vietnam as "an important base in the ASEAN region".

Toyota plans to sell 10,000 vehicles a year to its Vietnamese customers by 2000.

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