Monday, December 22, 2008

BUSINESS IN BRIEF 31/8


Honda Vietnam inaugurates second motorcycle plant

Honda Vietnam on August 29 officially inaugurated its second motorcycle plant in Vietnam.

The US$65 million plant, located in Vinh Phuc province, adjacent to Honda's existing motorcycle plant.

Honda Vietnam's second plant mainly manufactures scooters and high – class gear models. It has a capacity of 500,000 units per annum, bringing the total number of units produced by two Honda Vietnam plants in Vietnam to 1.5 million units a year.

The plant, covering 300,000 square metres, is equipped with Honda's state-of-the-art technology and is environmental friendly.

Honda Vietnam also applies the most advanced production technologies of Global Honda in order to turn the second plant into one of the most advanced in technology and most efficient in the world, manufacturing highest quality, fuel saving and most environmental friendly products.

The plant provides jobs for 1,400 workers.

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