Business Daily Media

Men's Weekly

.

VinFast inaugurates electric vehicle plant in Hà Tĩnh

HÀ TĨNH, VIETNAM - Media OutReach Newswire - 29 June 2025 - VinFast has officially inaugurated its electric vehicle (EV) manufacturing plant in Hà Tĩnh, located in the Vũng Áng Economic Zone, less than seven months after construction began.

Spanning 360,000 square meters and with a designed capacity of 200,000 vehicles per year, this marks VinFast's fifth manufacturing facility worldwide, highlighting the Vietnamese brand's remarkable execution speed and strong industrial capabilities.

The delegates cut the ribbon at the inauguration ceremony of the VinFast electric vehicle manufacturing plant in Hà Tĩnh.
The delegates cut the ribbon at the inauguration ceremony of the VinFast electric vehicle manufacturing plant in Hà Tĩnh.

The inauguration ceremony of the VinFast Hà Tĩnh EV manufacturing plant was attended by Deputy Prime Minister Nguyễn Chí Dũng, along with senior current and former leaders of the Party, the Government, and Hà Tĩnh Province.

The Hà Tĩnh plant is VinFast's second EV manufacturing site to officially go into production, and the fifth project within the company's developing global production network. With construction and equipment installation completed in under seven months, VinFast Hà Tĩnh is one of the fastest-built automobile factories in the world to date.

The factory covers a total area of 360,000 square meters and includes key workshops such as the Body Welding Shop, Painting Shop, General Assembly Shop, a Logistics Warehouse, and a Quality Control Center. In addition, a 240,000-square-meter auxiliary cluster is under construction, with plans for further expansion in the coming years.

VinFast Hà Tĩnh is equipped with one of Southeast Asia's most advanced and highly automated production lines, featuring state-of-the-art technologies from leading global partners such as ABB, DÜRR, FANUC, and SIEMENS. All manufacturing processes strictly comply with international standards including ISO 9001 (Quality Management Systems), ISO 14001 (Environmental Management Systems), and IATF 16949 (Automotive Quality Management Systems).

In its initial phase, the plant has a design capacity of approximately 200,000 vehicles per year, with an average output of 35 vehicles per hour. Future plans include expanding capacity to meet growing market demand.

To optimize production lines during the early stages, the Hà Tĩnh plant will focus on compact urban EV models such as the VF 3, Minio Green, EC Van, and several upcoming models currently in development. Vehicles produced at the plant will serve both the domestic market and international exports.

The facility is expected to create approximately 6,000 direct jobs in its initial phase, with the potential to expand its workforce to 15,000 in the future, supporting local employment and contributing to the region's socioeconomic development. Additionally, the presence of VinFast Hà Tĩnh is expected to attract auxiliary partners to set up operations in the industrial zone, creating a synchronized supply chain and advancing the goal of reaching over 80% localization in electric vehicle production by 2026.

The VinFast electric vehicle manufacturing plant in Hà Tĩnh, located in the Vũng Áng Economic Zone, commenced operations in less than seven months since the project was initiated. Covering an area of 360,000 square meters, the plant has an annual production capacity of 200,000 vehicles.
The VinFast electric vehicle manufacturing plant in Hà Tĩnh, located in the Vũng Áng Economic Zone, commenced operations in less than seven months since the project was initiated. Covering an area of 360,000 square meters, the plant has an annual production capacity of 200,000 vehicles.

Speaking at the ceremony, Mr. Võ Trọng Hải, Deputy Secretary of the Provincial Party Committee and Chairman of the Hà Tĩnh Provincial People's Committee, congratulated VinFast and praised the important role and contributions of the VinFast Hà Tĩnh plant to the province's economic and social development. "The Hà Tĩnh provincial leadership is committed to working closely with Vingroup and investors to create the most favorable conditions and swiftly resolve any difficulties, ensuring smooth investment and business operations. We firmly believe that with Vingroup's strong financial resources, experience, capabilities, and determination, along with the support and consensus of the local people and the close cooperation of the provincial authorities, this site will soon become a modern, environmentally friendly automotive industrial complex that drives Hà Tĩnh's sustainable economic growth," Chairman Võ Trọng Hải said.

Mr. Nguyễn Việt Quang, Vice Chairman and CEO of Vingroup, 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".

In the first five months of 2025, VinFast has become the top-selling auto brand in Vietnam, delivering over 56,000 vehicles. The VF 3, VF 5, and VF 6 models have been among the bestsellers. VinFast EVs are also gaining traction in international markets such as the Philippines and Indonesia.

VinFast currently has five manufacturing facilities in development across Vietnam, the United States, India, and Indonesia. In addition to the two operational plants in Vietnam (VinFast Hải Phòng and VinFast Hà Tĩnh), the facilities in India and Indonesia are expected to be inaugurated soon to meet demand in strategic international markets./.


Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.

Learn more at

News from Asia

My Sweet Home Employment Agency Launches Hong Kong’s First AI-Powered Domestic Helper Comparison Tool

Enhancing Efficiency Through Technology, Safeguarding Every Match with Professional Oversight AI Improves Information Efficiency, Allowing Matching to Focus on Interaction HONG KONG SAR - Medi...

Ice and Snow as a Bridge to Global Dialogue, Charting a New Chapter of Cooperative Development: the "Global Mayors Dialogue · Harbin" Kicked Off on January 6

HARBIN, CHINA - Media OutReach Newswire - 6 January 2026 - Using the city as a window to showcase China's opportunities and mayors as catalysts for exchanging governance insights, the "Global Mayo...

1win and MMA Legend Jon Jones Fulfill Over 100 Wishes in Global Holiday Initiative

WILLEMSTAD, CURAÇAO - Media OutReach Newswire - 6 January 2026 - 1win Charity, together with MMA legend Jon Jones, has successfully concluded its global campaign 1wish Season – a holiday initiati...

[CES 2026 Deep Dive] From Fingertips to the Stars: Lens Technology Debuts Aerospace-Grade UTG, Reshaping the LEO Satellite "Energy Canopy"

LAS VEGAS, UNITED STATES - Media OutReach Newswire - 7 January 2026 - Amidst a CES 2026 landscape dominated by AI headlines and humanoid robots, a quiet corner of the Lens Technology booth has une...

CP AXTRA Achieves 88/100 DJSI Sustainability Score Ranks 2nd Globally in the Food & Staples Retailing Sector, Reinforcing Its Global Leadership in Retail and Wholesale Sustainability

BANGKOK, THAILAND - Media OutReach Newswire - 7 January 2026 - CP AXTRA Public Company Limited (CP AXTRA), the operator of Asia's leading wholesaler and retailer "Makro and Lotus's," has achieved...

Changhong Unveils AI‑Powered Smart Home Solutions at CES 2026

LAS VEGAS, US - Media OutReach Newswire - 7 January 2026 - The 2026 International Consumer Electronics Show (CES 2026) opened on January 6 in Las Vegas, bringing together leading global technology...

Grab Acquires Chinese AI Robotics Firm Infermove to Strengthen Last-Mile Delivery Capabilities

NEW YORK, US - Media OutReach Newswire - 6 January 2026 - Singapore-based Grab Holdings Ltd. (NASDAQ: GRAB) announced on December 19th the acquisition of Infermove, a Chinese AI robotics company, ...

Prudential Study Reveals Young Asians Choose Financial Planning Over Spontaneity

71 per cent of Asia’s young adults prefer clear planning, with 69 per cent optimistic about their financial future despite prevailing uncertainty HONG KONG SAR - Media OutReach Newswire - 7 Januar...

Jorakay Corporation Appoints Dr. Jirat Sirichalermpong as New CEO, Effective January 5, 2026

BANGKOK, THAILAND - Media OutReach Newswire - 7 January 2026 - Jorakay Corporation Co., Ltd., Thailand's leading construction innovation company, has appointed Dr. Jirat Sirichalermpong as Chief...

Singapore fintech sees surge in investments despite global trade fragmentation and tariff escalation: KPMG’s Pulse of Fintech H1’25

SINGAPORE - Media OutReach Newswire - 26 September 2025 - Singapore's fintech sector recorded a strong rebound in the first half of 2025, attracting close to US$1.04 billion in investments across ...

Stop reading from the script: Why authenticity is the customer success secret weapon

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...

RogersDigital.com Announces the Launch of TheBulletin.au, a Destination for Business, Policy and Financial Insight

RogersDigital.com has announced the launch of TheBulletin.au, a new national digital publication designed to deliver sharp, data-driven reporting ...