[THE INVESTOR] Doosan Infracore said on July 11 that it plans to provide some 500 engines to be mounted on buses in Vietnam.

Korea’s leading construction equipment maker said it showcased a compressed natural gas-powered bus in Ho Chi Minh City in a ceremony with local commercial vehicle manufacturer SAMCO.

It plans to provide CNG engines to other Vietnamese carmakers, such as TRACOMECO.

Last year, a total of 14,770 buses were sold in Vietnam, sharply up from 12,178 units a year earlier.

By Alex Lee and newswires (alexlee@heraldcorp.com)