HÀ TĨNH — The VinFast electric car factory in Vũng Áng Economic Zone in central Hà Tĩnh Province's Kỳ Anh Town was officially launched on December 8, expected to bring transformative benefits for the region and the industry.

Phase 1 has a designed production capacity of 300,000 vehicles per year, expandable to 600,000 in later phases and aims to create up to 15,000 jobs. The factory's construction, set on over 36 hectares, is projected to be completed by July 2025, achieving a world record for speed in automobile factory construction.

The project, invested by Vinhomes Hà Tĩnh Industrial Park Investment Joint Stock Company (VHIZ Ha Tinh) and leased to VinFast, signifies the ecosystem-driven development under the Vingroup umbrella. It highlights the strategic role of industrial infrastructure and green transport innovation in Việt Nam's economic and social development.

According to the plan, the VinFast Hà Tĩnh factory will inaugurate phase 1 in July 2025, just eight months after the project was launched. — VNS