The subject engages in supplying road freight transport and trading HINO truck and related components. The subject had face with many difficulties during the social distancing measures in 2021 due to COVID-19 pandemic. For the business situation of Hino trucks: the vehicle registration procedure for customers was delayed; the vehicle could not be delivered, so it was not possible to collect sales; the profit per vehicle decreased, but it had to invest in a maintenance service workshop in accordance with the standard. For the business of freight transport: some customers downsized or stopped production; the high cost of testing for COVID-19 for drivers; competition on freight rates, etc.
Headquarters
No. 326, Tan Ky Tan Quy Street, Son Ky Ward
Ho Chi Minh municipality; South Eastern Vietnam;
Postal Code: 70000-74000
Contact Details: Purchase the Transport Automobile No. 2 Joint Stock Company report to view the information.
Website: http://www.covato2.vn
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