VinFast breaks ground on $200 million electric vehicle assembly plant in Indonesia

The factory is built in Subang, Indonesia's new industrial hub, with an initial investment of about 200 million USD, an expected capacity of 50,000 vehicles/year, and main areas include body shop, assembly, painting, and testing area.

Building a factory in the most potential electric vehicle market in Southeast Asia will create job opportunities for local workers, affirming VinFast's strong determination in its expansion strategy in the regional market and its commitment to promoting the Indonesian electric vehicle industry.

The VinFast factory is expected to come into operation from the fourth quarter of 2025 and will produce the VF 3, VF 5, VF 6 and VF 7 right-hand drive models for the Indonesian market.

The project will also create thousands of job opportunities for local people, increase the proportion of skilled labor, strongly contribute to the economic and social development of local communities as well as make an important contribution to promoting green transportation in Indonesia.

General H. Moeldoko, Chief of Staff of the Indonesian President, shared that the presence of the VinFast factory in Subang not only has a positive impact on the local economy but also creates many new job opportunities and improves the lives of the community.

The Indonesian government has always strongly encouraged foreign investment, especially in the automotive industry. We believe that the presence of VinFast will bring much-needed technological innovation and knowledge transfer to enhance the competitiveness of the national automotive industry.

Mr. Temmy Wiradjaja, General Director of VinFast Indonesia, said that just a few months after officially launching the brand in the market, the groundbreaking event of the factory affirms VinFast's strategy of expanding and enhancing its competitiveness in the Indonesian market, marking an important milestone in the strategy of expanding and conquering the region's leading potential electric vehicle market. We believe that the project will be a testament to VinFast's long-term commitment to Indonesia, contributing to promoting the electric vehicle industry, supporting economic growth and improving the quality of life of the Indonesian people.

VinFast has been quick to launch its business activities and increase its brand awareness in Indonesia. The company has officially launched two electric SUV models, the VF 5 and VF e34, in the right-hand drive version, opened dealerships, applied flexible sales policies and pioneered the introduction of a unique battery leasing policy to the market.

Source: https://baodautu.vn/vinfast-dong-tho-nha-may-lap-rap-xe-dien-von-200-trieu-usd-tai-indonesia-d220046.html