Vingroup subsidiary VinFast has opened its new electric vehicle (EV) manufacturing plant in Hà Tĩnh, Vietnam.
Located in the Vũng Áng Economic Zone, the facility spans 360,000m2 and is designed to produce 200,000 vehicles annually.
This is the company’s second EV production site in operation and its fifth manufacturing facility globally.
The Hà Tĩnh plant is said to feature highly automated production lines with technology from partners such as DÜRR, ABB, FANUC, and SIEMENS.
It includes a body welding shop, general assembly shop, painting shop, logistics warehouse, and quality control centre.
An auxiliary cluster of 240,000m2 is also being constructed, with plans for future expansion.
Initially, the plant claims to produce 35 vehicles per hour, focusing on compact urban EV models like the VF 3, EC Van, Minio Green, and other models in development. These vehicles will cater to both domestic and international markets.
Additionally, the plant is set to generate around 6,000 direct employment opportunities initially, with the potential to increase the workforce to 15,000.
The VinFast Hà Tĩnh aims to attract auxiliary partners to the industrial zone, generating a synchronised supply chain and progressing more than 80% localisation target in EV production by 2026.
Vingroup CEO and vice chairman Nguyễn Việt Quang said: "The inauguration of the VinFast Hà Tĩnh plant marks a significant milestone in VinFast’s long-term development strategy and its global production expansion.
“Once operational, this facility will help VinFast move closer to its goal of producing one million vehicles per year to meet growing demand in both domestic and international markets. It also demonstrates our technological capability, production autonomy, and pioneering vision in promoting sustainable mobility in Vietnam and around the world”.
The company’s global footprint includes five facilities under development in Vietnam, India, Indonesia, and the US.
The upcoming plants in India and Indonesia are anticipated to support the company's international market demands.
Earlier this month, the company signed its first authorised dealership in California, US, marking a milestone in its US expansion strategy.
