Don't Just Read the News, Understand It.
Published loading...Updated

VinFast opens second domestic EV factory amid global expansion

  • VinFast inaugurated its second domestic electric vehicle manufacturing plant in Ha Tinh on 29 June 2025, marking its fifth global facility.
  • VinFast rapidly completed construction and equipment installation for the Ha Tinh plant in under seven months amid global expansion delays and intensified overseas competition.
  • Covering 36 hectares, the plant is equipped with cutting-edge, highly automated production lines and is designed to produce around 200,000 vehicles annually in its initial stage to meet growing demand both domestically and internationally.
  • Nguyen Viet Quang, CEO of Vingroup, explained that once the VinFast Ha Tinh plant is up and running, it will play a key role in helping the company reach its target of manufacturing one million vehicles annually to satisfy growing demand from both domestic and international markets.
  • The plant is projected to generate around 6,000 jobs initially, contributing to VinFast's expansion despite recent financial setbacks and challenges in the global market.
Insights by Ground AI
Does this summary seem wrong?

20 Articles

All
Left
1
Center
2
Right
3
De TelegraafDe Telegraaf
Reposted by
rd.nlrd.nl
Right

Vietnamese electric vehicle (EV) maker VinFast began production at a new factory in its home country on Sunday. It is VinFast’s second production facility in Vietnam, which should contribute to the company’s growth plans.

·Amsterdam, Netherlands
Read Full Article

It is more complex to improvise car manufacturer than manufacturer of lyophilized noodles. What is the relationship? It is in this area that Vinfast's founder made a fortune, today at the head of the Vietnamese conglomerate tentacle Vingroup, whose automobile represents only a tiny part of the activities. Hotels, construction, tourism... Created in 2017, the young brand has been distributed to us since 2024 with the largest (and disappointing) V…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Right
50% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Thanh Niên broke the news in Viet Nam on Sunday, June 29, 2025.
Sources are mostly out of (0)