Manufacturing News 29/11/2024, 13:58

Automobile factory with 120,000 cars per year nears operation

This marks the first automobile factory in Quang Ninh province and the first in Southeast Asia to assemble and produce Škoda Auto vehicles, a leading automobile brand from the Czech Republic.

Automobile factory with 120,000 cars per year nears operation

According to the Quang Ninh provincial government’s official portal, Secretary of the Provincial Party Committee, Vu Dai Thang, inspected the progress of the Thanh Cong Viet Hung Automobile Factory project on November 19.

After two years of construction, auxiliary facilities, including the test track, office building, LPG supply station, and fuel station, are now complete. The factory is scheduled to begin trial operations by the end of 2024, with commercial operations set to commence in early 2025.

Initially, the factory will focus on producing and assembling Škoda automobiles, positioning Quang Ninh as one of Vietnam's major automobile manufacturing centers. In its early phase, it will assemble SUVs and B-segment sedans tailored to Vietnamese consumer preferences, with plans to expand into eco-friendly electric vehicles in later stages.

The factory’s products will not only serve TC Group’s domestic automobile operations but also target exports, thereby promoting Vietnam’s automotive support industries in regional and global markets.

2282698 Dong Chi Vu Dai Thang Uy Vien Trung Uong Dang Bi Thu Tinh Uy Kiem Tra Tien Do Du An Nha May O To Thanh Cong Viet Hung 15360019

Vu Dai Thang, Secretary of the Quang Ninh Provincial Party Committee, inspects the progress of the Thanh Cong Viet Hung automobile factory project (Photo: Quang Ninh Provincial e-Portal).

During his inspection, Secretary Vu Dai Thang emphasized that the Thanh Cong Viet Hung Automobile and Supporting Industries Complex is a key project for Quang Ninh’s development, contributing to local budget revenues and job creation. He urged the investor to adhere to the committed timeline, expedite the completion of the remaining facilities by December 2024, and ensure the start of commercial operations by early 2025.

He also directed the Quang Ninh Provincial People’s Committee and other relevant agencies to provide maximum support for this critical project.

The Thanh Cong Viet Hung Automobile Factory, invested in by TC Group, spans 36.5 hectares and has a designed capacity of 120,000 vehicles annually. It will assemble Škoda-branded vehicles under an investment collaboration between Škoda Auto (Czech Republic) and TC Group.

The project is part of the Thanh Cong Viet Hung Automobile and Supporting Industries Complex, located in Viet Hung Industrial Park, Ha Long City. Covering an area of 340 hectares, the complex was initiated in September 2020 with a total investment of 8.679 trillion VND.

Quang Ninh province aims to become a centrally governed city by 2050 under its 2021–2030 planning vision. The province’s industrial strategy emphasizes green industry, high-tech manufacturing with significant added value, and the establishment of manufacturing as a core economic pillar. Viet Hung Industrial Park is one of 23 industrial zones in the province, designated as a high-tech and environmentally friendly industrial area.

Strategically located on the shores of Cua Luc Bay, the project benefits from excellent domestic and international transportation links. It is expected to attract and centralize automotive support businesses, particularly those specializing in high-tech components and parts.

CAFEF/ TRANSLATOR: NGỌC ÁNH
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