Ministry pledges optimal conditions for Honda to operate in Vietnam
The Ministry of Industry and Trade (MoIT) will create the best possible conditions for Japanese automobile manufacturer Honda to operate in the country, Deputy Minister Do Thang Hai affirmed on June 29.
At the meeting between Deputy Minister of Industry and Trade Do Thang Hai and President and CEO of Asian Honda Motor & Head of Regional Unit (Asia and Oceania Toshio Kuwahara. (Photo: VNA)
Hanoi (VNA) – The Ministry ofIndustry and Trade (MoIT) will create the best possible conditions for Japaneseautomobile manufacturer Honda to operate in the country, Deputy Minister DoThang Hai affirmed on June 29.
At a reception in Hanoi for Toshio Kuwahara, Presidentand CEO of Asian Honda Motor & Head of Regional Unit (Asia and Oceania), Haihailed Honda Vietnam for its contributions to the Vietnamese economy, especiallythe auto industry, helping tighten the relations between the two countries.
For his part, Toshio thanked the official and the MoITfor their support for Honda Vietnam, presented difficulties facing the company,and raised proposals to help the domestic industry roll out suitable, timelypolicies in support of manufacturers in general and Honda in particular.
Established in 1996, Honda VietnamCompany is a joint venture between Japan Honda Motor Company, Thailand AsianHonda Motor Company and Vietnam Engine and Agricultural Machinery Corporation.
Honda Vietnam has one automobile manufacturing plant and three others for motorcyclemanufacturing in the Southeast Asian nation./.
Honda Vietnam on June 13 announced that its retail sales of motorcycles and automobiles in May decreased by 31.5% and 9.6% respectively compared to the previous month due to market difficulties.
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At the meeting between Deputy Minister of Industry and Trade Do Thang Hai and President and CEO of Asian Honda Motor & Head of Regional Unit (Asia and Oceania Toshio Kuwahara. (Photo: VNA) 
