US EditionJapan warns Vietnam of job losses as Hanoi motorbike ban hits Honda
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Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda
The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a $4.6 billion market that is dominated by Honda , according to documents reviewed by Reuters and seven people familiar with the matter.
The Japanese government and some of the country's largest producers warned Vietnam that the planned ban on petrol motorcycles in Hanoi could cause loss of jobs and could disturb...
The Japanese government and its major automotive manufacturing alliance, including Honda, have issued a stern warning to Vietnam over plans to ban petrol motorcycles in Hanoi.
First in the center of Hanoi, and two years later in other parts of Vietnam, gasoline motorbikes are to be banned. Vietnam's domestic automaker produces electric motorbikes and scooters, but the vast majority of this huge market is made up of internal combustion engines, dominated by Honda.
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