Vietnam's Domestic Automaker Faces 15 Years of Consecutive Losses
Vietnam's domestic automaker, Ô tô Giải Phóng, reported a net loss of VND 14.6 billion ($8.7 million USD) in the first nine months of this year, marking its 15th consecutive year of losses. Declining sales and a high cost structure are cited as the root causes of its persistent financial struggles.
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