Russia"s Kamaz Eyes ASEAN Market with Vietnam Expansion
Russia"s Kamaz Eyes ASEAN Market with Vietnam Expansion 06 Februari 2017 In 2016 Kamaz sold 1,855 trucks to Vietnam, or 20% of the company"s total exports. (photos : defence.pk) Russia Truck Giant Eyes ASEAN Market With Vietnam Expansion Last week, the director-general of Russia’s biggest truck manufacturer, Kamaz, said that the company plans to boost the export of its trucks to Vietnam as part of a broader move to expand its presence in other Southeast Asian markets. Kamaz Director General Sergey Kogogin told Russian state-owned TASS news agency that the firm plans to expand its presence in Vietnam, with a view that more Kamaz trucks could also be then supplied to neighboring ASEAN countries such as Laos and Cambodia. Kogonin’s statement that Kamaz intends to boost its Vietnamese presence is no surprise. Kamaz has had a long relationship with Vietnam, with the first truck delivered to the country back in 1979. And Vietnam’s attractiveness as a country has only grown ...