Indonesian Political, Business & Finance News

Hanoi production

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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