It’s expected that the first batch of 50 electric EV Buses will be delivered to the Republic of Korea (RoK) for operation in the second quarter this year.
Local carmaker Kim Long Motor company and Korean Daon Mobility ink an agreement on exporting the local brand bus into the Korean market. Photo courtesy of Kim Long Motor (
Hue (VNS/VNA) - Local carmaker Kim Long Motor has inked an agreement with Korean Daon Mobility to export 200 made-in-Vietnam buses which will be used for tours and school services.
The agreement, which was signed at the Hue City-based Chan May Lang Co Economic Zone, is expected to be the first step in an annual deal, supplying Kim Long Motor branded vehicles for operation and transportation service in Korea through the Korean partner.
It’s expected that the first batch of 50 electric EV Buses will be delivered to the Republic of Korea (RoK) for operation in the second quarter this year.
The locally-made 22-seat e-bus class, which operates with a lithium polymer battery provided by Korean SK company, can travel for 310km on just one charge and will be used for ‘green’ transport services in the capital Seoul, Incheon and Busan.
The Kim Long Motor Hue factory, the first vehicle manufacturer in Hue City, rolled out its first minibus and van products, the Kim Long X9 series, after nearly two months of construction last year.
The manufacturer has already inked agreements on supplying 500 minibuses for the first domestic customers – Phuong Trang FUTA Buslines and the Futa-Ha Son transport company.
Previously, Kim Long Motor Hue and Changan Automobile Group from China signed a cooperation agreement to build a passenger car factory in Hue City, with a capacity of 50,000 vehicles per year.
In 2023, automobile manufacturer KG Mobility of the RoK had a working session with Kim Long Motors for a plan to assemble and produce KG Mobility vehicles in Vietnam.
The local carmaker has☂ set a target of achieving a localisation rate for its production of up to 90% in the second quarter of 2026./.
The Indonesian Ministry of National Development Planning (Bappenas) and the government of the Republic of Korea have agreed to cooperate to establish an ecosystem of electric buses to support public transport in Bali.
Auto part producer Autocom, a subsidiary of Vietnamese automaker THACO, sets to export 107,000 seat covers for Kia Bongo car model in 2022, up 18.5% from the previous year.
Lotte Rental Co., a major car rental firm in the Republic of Korea (RoK), on July 22 announced that it will enter Vietnam's individual long-term car rental market in the second half of this year.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
