Ministers of Industry and Trade of Vietnam and Laos worked at Thanh Cong Viet Hung Automobile Factory

On the morning of November 7, in Quang Ninh, within the framework of the 13th Vietnam - Laos Border Trade Development Cooperation Conference, Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Lao Minister of Industry and Trade Malaythong Kommasith visited Thanh Cong Viet Hung Automobile Manufacturing Factory.

On the Vietnamese side were Minister of Industry and Trade Nguyen Hong Dien, Ambassador Extraordinary and Plenipotentiary of Vietnam to Laos Nguyen Minh Tam; along with representatives from relevant ministries, sectors, and units; representatives from the provinces of Quang Ninh, Dien Bien, Son La, Thanh Hoa, Nghe An, Ha Tinh, Quang Ngai, Quang Tri, Hue City, and Da Nang City; and representatives from the leadership of Thanh Cong Group.

On the Lao side were the Minister of Industry and Trade of Laos, Malaithong Kommasith ; the Ambassador Extraordinary and Plenipotentiary of the Lao People's Democratic Republic to Vietnam, Khamphao Ernthavanh; the Deputy Minister of Industry and Trade of Laos, Chanthaboun Souk Aloun; and representatives from relevant ministries, sectors, and units.

Representing Thanh Cong Group were Mr. Nguyen Toan Thang, Vice Chairman of Thanh Cong Group; Mr. Le Do, Deputy General Director of Thanh Cong Group and General Director of Thanh Cong Viet Hung Technology Complex Industrial Park Joint Stock Company, along with representatives from the Group's affiliated units.

Minister of Industry and Trade Nguyen Hong Dien and Lao Minister of Industry and Trade Malaythong Kommasith (left) visit and work at Thanh Cong Viet Hung Automobile Manufacturing Plant.

According to a report by Thanh Cong Group, the Thanh Cong Viet Hung automobile manufacturing plant is built on an area of ​​over 36 hectares, with a total designed capacity of 120,000 vehicles per year. This is a collaborative project between TC Group and Skoda Auto (Czech Republic), marking the presence of the first European automobile brand to manufacture in Vietnam. The plant is equipped with a modern, highly automated production line, meeting European technical and environmental standards.

The working group also included representatives from departments, divisions, and units under the Ministries of Industry and Trade of both countries.

Initially, the factory focused on assembling Skoda Kushaq and Slavia models as CKD (completed in Vietnam from imported components). It is expected that in the next few years, the project will expand to produce electric vehicles and auxiliary components, aiming for a higher localization rate and gradually participating more deeply in the global value chain.

Expressing his admiration for the success of Thanh Cong Group in the field of automobile manufacturing and assembly, the Director of the Processing Industry Department, Ministry of Industry and Trade of Laos, expressed his desire to learn from their experience and gain a deeper understanding of the support policies of the Vietnamese Government and Ministry of Industry and Trade for this sector.

The Director of the Processing Industry Department, Ministry of Industry and Commerce of Laos, expressed his delight at the successes of Thanh Cong Group.

Mr. Le Do, Deputy General Director of Thanh Cong Group and General Director of Thanh Cong Viet Hung Technology Complex Industrial Park Joint Stock Company, said that in the field of investment and operation of automobile manufacturing plants, the Group has received many support policies and incentives from the Vietnamese Government, ministries, and especially from the local authorities – Quang Ninh province.

“ We receive support and incentives regarding tax and land use fee policies. Regarding taxes, including import tax on components, VAT on imported components… all are subject to preferential treatment under current Vietnamese regulations,” Mr. Le Do stated.

Mr. Le Do, Deputy General Director of Thanh Cong Group, reported on the operational results of Thanh Cong Group.

Regarding its products, Thanh Cong Group focuses on developing for the domestic market while also aiming for exports, especially to countries in the region. On this occasion, the Group's leaders also expressed hope for the support of Lao state management agencies to promote and advance cooperation activities, thereby enabling the introduction of high-quality, reasonably priced Vietnamese automobiles to the Lao market in the near future.

TC Group was established in 1999. In the automotive sector, TC Group is a strategic partner of Hyundai Motor (South Korea) and Skoda Auto (Czech Republic), owning a system of modern factories in Ninh Binh, Quang Ninh, and the Central region of Vietnam. With the philosophy of "sustainable development – ​​innovation – international integration," TC Group is gradually building a closed value chain from production, distribution, service to technology research, contributing to the development of Vietnam's automotive industry towards self-reliance and sustainability.

During the working session, Minister Nguyen Hong Dien and Lao Minister of Industry and Trade Malaythong Kommasith visited the production line and inspected the operation of the welding, painting, and assembly workshops.

Source: https://thanhcong.vn/tin-uc/bo-truong-bo-cong-thuong-viet-nam-va-lao-lam-viec-tai-nha-may-o-to-thanh-cong-viet-hung.html