Honda Inaugurates Second Motorcycle Plant in Vietnam
Posted on: Friday, 29 August 2008, 12:01 CDT
The Honda Vietnam Company has inaugurated its second motorcycle plant in the Vinh Phuc province of Vietnam.
The company said that the second 300,000sqm factory is located beside the first factory in the Vinh Phuc province. With a total investment of $65 million, the plant will mainly produce scooters and high-end geared models. It will begin operations at the end of August 2008.
With a production capacity of 500,000 units per year in addition to one million units at the first plant, Honda Vietnam's total yearly output reaches 1.5 million units.
Source: Datamonitor
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