Czech firm to make heavy trucks in Vietnam

Vietnam National Coal and Mineral Industries Group (Vinacomin), the Vietnamese Ministry of National Defense and Czech Republic’s Tatra Company signed a memorandum of understanding in July to manufacture and assemble Tatra trucks in Vietnam. Both sides will jointly study, analyze and assess local market demand for the Tatra heavy truck, and will also review the placement of the Tatra production plant at Vinacomins facilities. Tatra will supply the truck components once the project is complete. (July 6, 2007)