TAIPEI – Chinfon Group says it plans to begin assembling light trucks and minibuses in Vietnam. Vietnam Prime Minister Phan Van Khai has agreed in principle with the project, meaning the company can move ahead with the plan, a Chinfon official says. Once the final go-ahead is given, Chinfon will begin assembling vehicles at a plant belonging to its local subsidiary, Vietnam Mfg. and Export Processing Co. Ltd. Chinfon is prepared to spend $70 million to set up a production line capable ...
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