September 21, 2024

Skoda assembly plant in northern Vietnam almost ready-to-go

A new assembly plant for the Czech Republic’s Skoda vehicles is set to go into operation later this year in northern Vietnam, The Investor is reporting. The plant in Quang Ninh province is 90 percent complete, according to the firm, and began a trial run back in May. Set on 36.5 hectares the factory will add a capacity of 120,000 vehicles a year to Vietnam’s automotive industry…

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Cost of eating out in Vietnam rises .26 percent in August over July

Vietnam’s food and beverage industry has experienced huge growth in recent years, driven by a combination of factors including rapid urbanisation, rising disposable incomes, and a burgeoning middle class. That said, Vietnam recorded a fall in food and beverage outlets of 3.9 percent from the start of the year to the end of June, according to food and beverage point of sale technology provider iPOS. The bulk of this fall was in Ho Chi Minh City which recorded a contraction in the number of outlets of about 5.97 percent.

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Vincom Retail: Vietnam Stock Overview

Notably, VRE has successfully opened three Vincom Plaza malls and one Vincom Mega mall so far this year. It had initially planned to open six malls this year, but one mall is set to be delayed until 2025…

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