Vietnam to Encourage Motorbike Production and Export

HCM City, Vietnam - Vietnam will remove the prevailing regulation which says no new motorbike production projects should be licensed, according to a local industry agency on Wednesday. The country's Industry Ministry has proposed the government abolish the regulation to create a fairer playing field for motorbike producers and assemblers in accordance with international commitments regarding its entry to the World Trade Organization, said the Institute for Industry Policy and Strategy under the ministry.