Home Economy

Vina Star Motors gets new name

Jun 22nd at 08:06
22-06-2016 08:06:22+07:00

Vina Star Motors gets new name

Vina Star Motors, the exclusive distributor of Japan's Mitsubishi Motors Corporation in Viet Nam, was officially renamed Mitsubishi Motors Vietnam (MMV) this month.

Along with this change, members of Mitsubishi Japan have also increased their capital contribution from 50 per cent to 82 per cent in MMV.

The corporation's registered capital is more than VND365.4 billion (US$16.4 million).

Viet Nam is considered one of the most important markets, and therefore, the uniformity of this global brand is a strategic move of Mitsubishi Motors. The move also reaffirms its long term and sustainable commitment to continue bringing "made-in-Japan" high-quality products and services to Vietnamese consumers.

There are plans to introduce new models to Vietnamese consumers in July this year, which are fostered by "Mitsubishi-ness", with designs that are elevated to a higher class, embodying a whole new design language – Dynamic Shield.

bizhub

MOST READ

NEWS SAME CATEGORY

Health ministry begins comprehensive inspection of Coca-Cola Vietnam
ECONOMY Jun 21st at 14:04

Health ministry begins comprehensive inspection of Coca-Cola Vietnam

The Vietnamese subsidiary of giant soft drink maker Coca-Cola will undergo a thorough inspection by the Ministry of Health today, June 21, which company executives...

Australia OK's lychee irradiation centre
ECONOMY Jun 21st at 13:21

Australia OK's lychee irradiation centre

Australia's Department of Agriculture and Water Resources has certified that the Hanoi Irradiation Centre will irradiate Vietnamese lychees exported to the market.

Binh Duong attracts US$1 bln in FDI
ECONOMY Jun 21st at 10:09

Binh Duong attracts US$1 bln in FDI

As of mid-June, the southern province of Binh Duong attracted US$1.097 billion in foreign direct investment (FDI), achieving 78.3% of its yearly plan and up 8.3%...

Binh Duong welcomes $760 million garment and textile project
ECONOMY Jun 21st at 10:03

Binh Duong welcomes $760 million garment and textile project

Taiwan’s Polytex Far Eastern Vietnam Company has announced plans to develop a textile dyeing and chemical fibre factory with a total capital of $760 million in the...

MoIT promotes mobile services
ECONOMY Jun 21st at 09:57

MoIT promotes mobile services

Minister of Industry and Trade Tran Tuan Anh has released Circular No 05/2016/TT-BCT regarding the ministry's online public services.

City works to address plunge in FDI
ECONOMY Jun 21st at 09:56

City works to address plunge in FDI

HCM City authorities plan to address business competitiveness and productivity at meetings with investors to respond to the sharp drop in foreign direct investment...

Retailers must find competitive edge: experts
ECONOMY Jun 21st at 09:41

Retailers must find competitive edge: experts

Domestic retailers must improve competitive ability as the sole way to compete with foreign retailers for their survival in the future, according experts in the...

Rough year for Thai imports
ECONOMY Jun 21st at 09:37

Rough year for Thai imports

An uncharacteristic slump in imports from Thailand since the start of the year is the result of lower oil prices and fierce competition from cheaper Chinese and...

Investment vista entices Thai firms
ECONOMY Jun 20th at 15:32

Investment vista entices Thai firms

Thai investments are expected to continue growing across Vietnam thanks to the country’s improved business climate and new trade bloc windfalls.

Up to 72 percent of enterprises support TPP
ECONOMY Jun 20th at 15:30

Up to 72 percent of enterprises support TPP

The proportion of enterprises in Viet Nam showing support for the Trans-Pacific Partnership (TPP) rose from 62 per cent in 2014 to 72 per cent in 2015, according to...

Read More

MOST READ

Back To Top