Financed by local conglomerate Vingroup, the factory will be developed on 8ha in its initial phase, providing lithium batteries for VinFast’s electric cars and buses.
The factory is expected to help expand production as well as satisfy domestic demand and export attracting supporting project in the Vung Ang EZ and creating more jobs for local residents and paying more into the province’s state budget.
The Vung Ang Economic Zone (EZ) in the central province of Ha Tinh has
gradually been developed into a large-scale industrial centre serving
both the central region and the country at large.
