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Doosan Infracore enters Vietnamese bus market
Collected
2017.07.13
Distributed
2017.07.17
Source
Go Direct
South Korea’s top machinery manufacturer Doosan Infracore Co. will supply bus engines for Vietnamese commercial vehicle makers as part of efforts to ride on the burgeoning Vietnamese bus market.

Doosan Infracore showcased a compressed natural gas-powered bus at an event celebrating its first supply batch of bus engines to Vietnam-based Saigon Transportation Mechanical Corp (SAMCO) in Ho Chi Minh City, Vietnam on Tuesday. The company plans to ship nearly 500 bus engines and bare-bone chassis for four commercial vehicle makers including SAMCO and 1-5 Auto JSC in Vietnam.

The Vietnamese bus market has been growing rapidly in recent years. According to Vietnamese auto manufacturers’ association, the number of buses sold in Vietnam last year increased 20 percent to 14,770 units from 12,178 units in the previous year. The large-sized bus market, which Doosan Infracore seeks to win with its bus engines doubled to 6,214 units last year from 3,027 in 2015.

The Korean machinery maker plans to set up auto repair centers and provide trainings for mechanics in Vietnam with a goal to expand out to other Southeast Asian bus market.

It also aims to sell 500 units of bus engines in Indonesia that is scheduled to hold the Asian Games 2018.

By Moon Ji-woong

[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]