Vinhomes Investment Corporation (HoSE: VHM), a wholly-owned subsidiary of Vinhomes, has received approval for a massive investment project in Ha Tinh province, Vietnam. The project involves the construction of industrial workshops for lease, specifically catering to the electric vehicle auxiliary industry (VSIC code: 6810).
With a total investment of VND 21,401 billion, Vinhomes Investment Corporation will contribute VND 3,210 billion (15%), while the remaining VND 18,191 billion will be raised through other means. The project spans 132.2 hectares in the Vung Ang Economic Zone and has a 70-year term from the date of approval.
The project timeline includes land transfer negotiations, planning, and construction procedures by March 2026, followed by infrastructure and workshop construction by December 2026, and final completion by June 2027.
Upon completion, the facility is expected to employ 15,000 workers. During the construction phase, the project will require a maximum of 500 workers.
According to Vinhomes Investment Corporation, the tenant for the electric vehicle auxiliary production workshops will be VinFast Manufacturing and Trading JSC.
VinFast recently announced its August 2025 sales results, delivering 10,922 electric vehicles to customers, bringing the total sales for the year to 89,970 units. VinFast maintains an average monthly sales figure of approximately 11,000 vehicles.
The best-selling model in August 2025 was the VF 5, with 2,745 units sold, totaling 27,109 units since the beginning of the year. The VF 3 followed closely, with 2,481 units sold in August, and a cumulative total of 28,704 units, making it the top-selling model in Vietnam for the year.
VinFast VF 3 Makes History as a Honoree at Asia-Pacific’s Premier Marketing Awards
From 66 hours of historic craftsmanship to 6 international accolades, VF 3 has turned the dream of a Vietnamese brand conquering the global stage into a reality.
Vingroup’s $900 Million Project Approved in Ha Tinh Province
Vingroup’s capital contribution stands at over 3.210 trillion VND, accounting for 15% of the total investment. An additional 18.190 trillion VND has been mobilized for the project. Scheduled to commence in December 2026, the project is expected to be completed by June 2027.
Ha Tinh Approves 1/2000 Master Plan for Three Industrial Zones Spanning Over 600 Hectares
From September 10th to 12th, the Ha Tinh Economic Zone Management Board unveiled detailed 1:2000-scale zoning plans for three new industrial parks spanning over 600 hectares across the province.
VinFast Sells Nearly 90,000 Vehicles in First 8 Months: How Close Is It to Its Annual Target?
VinFast has announced its impressive August 2025 sales performance, delivering 10,922 electric vehicles to customers and bringing its year-to-date sales to a remarkable 89,970 units.
VinFast Sells Over 11,000 Cars in July, Extending its Market Leadership to a 10-Month Streak
VinFast VF 3 maintained its allure in July, with impressive sales figures. The Vietnamese automotive brand has sold a total of 79,048 vehicles since the start of the year, solidifying its position as the top-selling brand in the market.
