BDG Vietnam - Economy NewsRead the latest news on Vietnam's economy.

Thaco Starts Work On Engine Plant

Truong Hai Auto Joint Stock Co. (Thaco) will on Friday begin construction of the Chu Lai-Truong Hai engine plant in Chu Lai Open Economic Zone, Quang Nam Province, with the technology transferred from South Korea’s Hyundai Motor.The 11-hectare plant worth around US$200 million is one of the biggest projects in Tam Hiep Industrial Park in Chu Lai Open Economic Zone. see more

Minerals Sector Hunts For Overseas Investment

An international conference on minerals, to provide overseas experts and investors in the field with information on Vietnam’s potential in this sector and how to invest more effectively in the country’s mining industry, was held in Hanoi on June 28. see more

Total Acquires Local LPG Firm

Total last week announced its acquisition of the local liquefied petroleum gas (LPG) trader Dai Viet Energy Co. Ltd., thus strengthening its position in the local LPG market. see more

Tokai Kogyo builds $10m auto spare parts factory at Hoa Cam

Japan’s Tokai Kogyo Group yesterday kicked off construction of a plant worth $10 million to produce automobile spare parts in Vietnam’s central city of Danang, in a move to meet a soaring demand in Southeast Asia.The plant, to be located on a 47,000-square-meter site at Hoa Cam Industrial Zone, is the fifth of Tokai Kogyo in the world and the third in the Southeast Asian region, state media reported. see more