Review Category : News

HA’NOI, Vietnam, Nov. 12, 2017 – /PRNewswire/ — Navistar International Corporation (NYSE: NAV) and Hoang Huy (HOSE: TCH), its distributor in Vietnam, today announced the signing of a memorandum of understanding (MOU) paving the way for the export of up to $1.8 billion in International® truck products into the Vietnamese market over the next ten years. The MOU represents the next phase of an already successful relationship between Navistar, Inc. and Hoang Huy to grow its business in Vietnam over the next decade through the sale of new trucks, used trucks, and service parts.

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As Vietnam’s economy continues to mature, US investment is primed for an upswing, riding the wave of free trade agreements, improving infrastructure, and a more transparent and enabling business environment. On the occasion of US President Donald Trump’s state visit to Vietnam on November 11 and 12, AmCham Vietnam’s chairman Jonathan L. Moreno shares his views on US investment prospects in Vietnam with VIR.

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The new United States ambassador to Vietnam has arrived in Hanoi and is ready to officially assume the position for 2017-2020.

Daniel Kritenbrink touched down in the Vietnamese capital at 11:30 pm on Saturday and is scheduled to present a credential letter to State President Tran Dai Quang on Monday morning.

He will then officially become the U.S. ambassador to Vietnam for the 2017-20 term, taking over the post of former Ambassador Ted Osius.

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On November 6-11, 2017 in the central city of Danang, the 2017 APEC Economic Leaders’ Week will be held under the theme “Creating New Dynamism, Fostering a Shared Future.”

State President Tran Dai Quang will host the key events of the event, including the 25th APEC Economic Leaders’ Meeting (AELM), the AELM Gala Dinner and Cultural Performance, the ABAC Dialogue with APEC Economic Leaders, and the APEC-ASEAN Informal Dialogue on November 10-11.

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