First automaker in Vietnam suspends production on Covid-19
In Vietnam, Ford Vietnam's Hai Duong assembly plant is scheduled to stop operation by March 26.
In Vietnam, Ford Vietnam's Hai Duong assembly plant is scheduled to stop operation by March 26.
Ford’s decision for expansion was owing to growing demand for Ford cars and its commitment to long-term investment in Vietnam’s auto market, said a Ford executive.
In the two-month period, over 2,600 household businesses in Hanoi were forced to shut down, and 6,400 others suspended operation, an increase of 22% and 37.8% year-on-year, respectively.
Workers in the fields of manufacturing and processing, transportation, logistics and tourism are the hardest hit by the Covid-19 pandemic.
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