Trouble From Vietnam - magz.tempo.co

Trouble From Vietnam

Monday, February 12 2018 00:00 WIB

FOR Toyota Motor Manufacturing Indonesia (TMMIN), Vietnam was a potential market for exports, with a predicted export value of Rp3 trillion this year only. But before this year began, Toyota had to remove the potential revenue from its projected earnings.

Trouble From Vietnam
The niche for the country’s automotive exports is disrupted after Vietnam applied new regulations. Tens of millions of dollars may be lost.

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  • FOR Toyota Motor Manufacturing Indonesia (TMMIN), Vietnam was a potential market for exports, with a predicted export value of Rp3 trillion this year only. But before this year began, Toyota had to remove the potential revenue from its projected earnings.

    The TMMIN factory in Karawang, West Java, has halted its exports to Vietnam. "Toyota's representative there has not collected the goods from us," said TMMIN Director of Administration and Corpora

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