Italy's Piaggio starts to make Vespas in Vietnam

Newswire

HANOI, June 25 (Reuters) - Italian scooter maker Piaggio SpA has begun production at its first plant in Vietnam, making inroads into one of the world's largest scooter markets. Piaggio plans to sell up to 50,000 Vespas a year from its $30 million factory in the northern province of Vinh Phuc, near the capital Hanoi, the Vietnamese government said in a report. Deputy Prime Minister Hoang Trung Hai said Piaggio should use Vietnam as a production hub for the Asian market. The scooter ...

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