VinFast opens electric vehicle plant in central Vietnam

THE HANOI TIMES — Vietnamese conglomerate Vingroup on June 29 inaugurated the VinFast Ha Tinh electric vehicle  (EV) manufacturing plant in the Vung Ang Economic Zone in the central province of Ha Tinh.

The facility has an initial production capacity of 200,000 vehicles per year.

The Ha Tinh factory houses essential production areas such as body welding, painting, assembly, logistics warehousing, and quality inspection. An adjacent industrial cluster is under construction and expected to expand in the coming years.

In its initial phase, the plant will produce small urban electric models, such as the VF 3, Minio Green, EC Van, and other upcoming vehicles for domestic consumption and international export.

The factory is expected to create 6,000 direct jobs during the first phase and potentially scale up to employ 15,000 people in the future. 

VinFast Ha Tinh's presence is also expected to attract supporting enterprises to the area, forming an integrated supply chain and helping the company achieve its goal of over 80% localization in EV manufacturing by 2026.

At the inauguration, Vo Trong Hai, Chairman of the Ha Tinh People’s Committee, said the province would resolve any difficulties and ensure the project is executed and operated smoothly.

In the first five months of 2025, VinFast was the best-selling car brand in Vietnam, delivering more than 56,000 vehicles. Its top-performing models included the VF 3, VF 5, and VF 6.

VinFast is currently developing five manufacturing plants across Vietnam, the US, India, and Indonesia. With its Haiphong and Ha Tinh factories already operational, the plants in India and Indonesia are expected to launch soon to meet growing demand in strategic global markets.