This morning (June 29th), Vingroup inaugurated the VinFast Hanoi automobile manufacturing plant in the Vung Ang Economic Zone, Ky Anh town. Deputy Prime Minister Nguyen Chi Dung attended the inauguration ceremony along with other leaders and former leaders of the Government and Hanoi city.
VinFast Hanoi Sets a Record for Factory Completion Speed
VinFast’s electric car manufacturing plant is located in the Vung Ang Economic Zone, Ky Anh town. Photo: VIC
Vingroup Vice Chairman and CEO Nguyen Viet Quang shared that within just seven months since its inception, VinFast has completed and operated a second modern electric vehicle manufacturing plant in Vietnam. This sets a record for the speed of factory completion and once again showcases the spirit of “Speed – Determination – Effectiveness.”
The Vung Ang electric car factory is the second production facility to officially commence operations and the fifth project within VinFast’s global factory network. With a construction and installation period of less than seven months, VinFast Hanoi is recognized as one of the fastest-completed automobile factories in the world up to this point.
The VinFast Hanoi manufacturing plant spans 360,000 square meters and comprises main workshops for body welding, painting, and assembly, along with several modern auxiliary areas. The production line is highly automated and operates according to stringent international standards for quality management, environmental protection, and the global automotive industry’s benchmarks.
Additionally, a 240,000 square meter auxiliary factory cluster is under construction and will continue to expand in the coming years.
The Deputy Prime Minister and delegates inaugurate the VinFast Hanoi electric car manufacturing plant. Photo: VGP
VinFast Hanoi is equipped with one of the most modern production lines in Southeast Asia, featuring a high level of automation and incorporating advanced technology from leading global partners such as ABB, DÜRR, FANUC, and SIEMENS. The entire production process within the factory strictly adheres to international standards, including ISO 9001 (Quality Management System), ISO 14001 (Environmental Management System), and IATF 16949 (International Automotive Quality Management System).
In the initial phase, the factory is designed with a capacity of approximately 200,000 vehicles per year, equivalent to an average output of 35 cars per hour. In the future, the factory will be expanded to increase capacity and meet market demands.
Notably, in the first phase, to optimize the production line, the VinFast Hanoi factory will focus on manufacturing small urban electric vehicles such as the VF 3, Minio Green, EC Van, and several new models in the development pipeline. The products from the VinFast Hanoi factory will not only serve the domestic market but also target exports to international markets.
In the initial phase, the new VinFast factory has an average output of 35 cars per hour. Photo: VPG
Furthermore, the factory is expected to generate approximately 6,000 direct jobs in the initial phase and can scale up to 15,000 employees in the future, contributing to employment and social security in the region. The presence of VinFast Hanoi also serves as a catalyst for attracting partner enterprises to establish factories in the industrial park, forming a synchronized supply chain, and aiming to achieve over 80% localization for electric vehicles by 2026.
Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, stated that the inauguration of the VinFast Hanoi factory marks a significant milestone in VinFast’s long-term development strategy and global production expansion. “Once operational, VinFast Hanoi will contribute to VinFast’s goal of producing one million electric vehicles annually to meet the growing demands of domestic and overseas markets,” said Mr. Quang. “It is a clear testament to our technological prowess, manufacturing autonomy, and visionary leadership in promoting sustainable transportation in Vietnam and worldwide.”
Speaking at the inauguration ceremony, Mr. Vo Trong Hai, Chairman of the Hanoi Provincial People’s Committee, pledged that the province would closely coordinate with Vingroup and investors, facilitating the swift resolution of any difficulties and obstacles to ensure the project’s smooth implementation and operation.
Embracing the spirit of sustainable development, “For a Green Vietnam,” VinFast has been committed to operating this factory according to a green, clean, and efficient model. This entails utilizing renewable energy, stringent emission control, material recycling, and gradually incorporating AI in management and production error detection.
VinFast Hanoi focuses on producing strategic urban electric vehicle models, such as VF 3, Minio Green, and EC Van. Photo: VIC
Currently, VinFast has five factories under development in Vietnam, the United States, India, and Indonesia. In addition to the two operational factories in Vietnam, VinFast Hai Phong and VinFast Hanoi, the factories in India and Indonesia are expected to be inaugurated soon to cater to strategic international markets.
In the first five months of this year, VinFast emerged as the leading automotive brand in Vietnam, with over 56,000 vehicles sold. Among them, the VF 3, VF 5, and VF 6 models were the top-selling products in the market. Moreover, VinFast electric vehicles have also gained popularity among consumers in various international markets, including the Philippines and Indonesia.
