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Launching the project to build VinFast electric car factory in Ha Tinh

Việt NamViệt Nam08/12/2024


In phase 1, the factory will invest in building 3 main production workshops, including a paint workshop, a body welding workshop and a vehicle assembly workshop.

Deputy Prime Minister Tran Hong Ha and representatives of central ministries, Ha Tinh province and Vingroup Corporation performed the project launch ceremony.

On the morning of December 8, at Vung Ang Economic Zone (Ha Tinh), Vingroup held a launching ceremony for the project to build the second VinFast electric car factory in Vietnam. Party Central Committee members: Deputy Prime Minister Tran Hong Ha, Minister of Planning and Investment Nguyen Chi Dung, Secretary of Ha Tinh Provincial Party Committee Hoang Trung Dung and representatives of leaders of central ministries, branches and Ha Tinh province attended the launching ceremony.

The VinFast Ha Tinh electric car factory project is built on an area of over 36 hectares by Vinhomes Ha Tinh Industrial Park Investment Joint Stock Company in Vung Ang Economic Zone (VHIZ Ha Tinh - a company operating in the field of industrial infrastructure development under the Vingroup ecosystem) as the investor and leased to VinFast for a long term.

In phase 1, the factory will invest in building 3 main production workshops, including a paint workshop, a body welding workshop and a vehicle assembly workshop. Other workshops will be shared with the VinFast Hai Phong factory and will be gradually added in the coming years depending on actual demand. The designed capacity of phase 1 is 300,000 vehicles/year, expected to be increased to 600,000 vehicles/year in the following phases.

According to plan, VinFast Ha Tinh factory will inaugurate phase 1 in July 2025, just 8 months after starting the project, creating a new world record in the automobile manufacturing industry.

Once operational, the factory will create nearly 6,000 jobs for local workers, which can increase to 15,000 jobs after a period of time, thereby contributing to solving economic and social security problems for the locality.

In the future, VinFast and its partners will continue to develop additional supporting industrial factories to supply components and spare parts for VinFast as well as supply the market. VinFast and its partners will also have attractive cooperation policies with suppliers to attract investment, locate factories in Ha Tinh, participate in VinFast's supply chain, thereby contributing to increasing the localization rate and promoting the development of Vietnam's supporting industry.

VinFast Ha Tinh factory will focus on producing two car lines VF3 and VF5, with main components such as chassis, engine, electronic components... imported from VinFast Hai Phong factory, while car batteries will be partly supplied by the battery factory right in Vung Ang Economic Zone. Products from VinFast Ha Tinh electric car factory will be supplied to the domestic market and exported to international markets.

At the project launch ceremony, Mr. Nguyen Viet Quang - Vice Chairman and General Director of Vingroup Corporation said: “VinFast has officially become the car company with the number 1 market share in the Vietnamese market, with the number of orders constantly increasing and the trust and support of customers is growing. Demand in international markets is also growing rapidly, so the construction of an additional electric car factory in Ha Tinh will create a solid foundation for an important and explosive development phase of VinFast in the coming time. We believe that with the support and facilitation of the government and people of Ha Tinh, the factory will soon complete construction and come into operation on schedule”.

VinFast Ha Tinh factory is the fifth factory serving VinFast's electric car production activities built globally. Currently, in addition to the factory complex operating in Hai Phong, VinFast is building three more factories in India, Indonesia and the US, of which the two factories in India and Indonesia are also expected to be operational in 2025.

Launching the project to build VinFast electric car factory in Ha Tinh photo 1

Deputy Prime Minister Tran Hong Ha highly appreciated Vingroup's pioneering vision of creating a green future.

Speaking at the project launch ceremony, Deputy Prime Minister Tran Hong Ha affirmed that today's event marks the beginning of a large-scale, modern technology project, demonstrating the strategic vision of Ha Tinh province and investors in developing sustainable, modern industry associated with globalization, digital transformation, green transformation and high-tech application.

“The VinFast electric car factory will play a pioneering role in the strategy of developing green and sustainable transportation, contributing to reducing greenhouse gas emissions and fulfilling Vietnam’s commitments to the world and the international community. This is the clearest evidence affirming the position of the Vietnamese electric car industry in the world,” Deputy Prime Minister Tran Hong Ha emphasized.

Welcoming and appreciating Vingroup Corporation for pioneering in realizing the vision of creating a green future, contributing to improving the quality of life, Deputy Prime Minister Tran Hong Ha affirmed that the Government will create all favorable conditions for Vietnamese enterprises such as Vingroup to realize their mission, vision, and aspirations, and grow together with the country in the new era. The Government always listens, creates a favorable legal environment, and works with enterprises to build a space for sustainable development...

Source: https://nhandan.vn/khoi-dong-du-an-xay-dung-nha-may-san-xuat-o-to-dien-vinfast-tai-ha-tinh-post849236.html


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