VinFast Granted Investment Registration Certificate for Plant Construction Project in Vung Ang Economic Zone
VinFast Granted Investment Registration Certificate for Plant Construction Project in Vung Ang Economic Zone
The Ha Tinh Economic Zone Management Board has issued an Investment Registration Certificate to VinFast Production and Trading Joint Stock Company (VinFast) for the construction of a factory and auxiliary facilities in the Vinhomes Vung Ang Industrial Park, Ha Tinh Province.
Illustration (Image generated by AI)
According to the Certificate, the project aims to build ready-built factories for lease and auxiliary facilities, aligning with the planning and sector attraction orientation of Vinhomes Vung Ang Industrial Park. The project will be developed on a portion of land plot CN4-3 under the Sub-zone Construction Plan for Central Industrial Zone plots CN4 and CN5 in the Vung Ang Economic Zone, covering an area of approximately 821,081.38 sq m. The entire project land will be subleased by VinFast from Vinhomes Ha Tinh Industrial Park Investment Joint Stock Company (the developer of Vinhomes Vung Ang Industrial Park).
The project represents a total investment capital of over VND 7.056 trillion, with VinFast Production and Trading Joint Stock Company serving as the primary investor.
Under the registered schedule, Phase 1 is expected to run from Q3/2026 to Q2/2027, focusing on the construction of component warehouses for production and export alongside auxiliary facilities. Phase 2 is scheduled from Q2/2027 to Q2/2029, encompassing the construction of main factory units and remaining auxiliary works. The project's operational duration extends until July 13, 2092.
VinFast’s deployment of this factory and auxiliary project adds another large-scale project to the developing industrial ecosystem in the Vung Ang Economic Zone, while creating further room to expand local manufacturing, supporting industries, and industrial services.
Notably, the Investment Registration Certificate mandates that the project prioritize secondary investors utilizing new, advanced, modern, sustainable, and eco-friendly technologies. It also calls for accelerating automation, maximizing resource and energy efficiency, and ensuring that emission, wastewater, and waste collection and treatment systems strictly comply with the environmental standards of Vinhomes Vung Ang Industrial Park.
The project is entitled to investment incentives and support in accordance with current laws. The investor is responsible for executing the project in alignment with the registered objectives, scale, schedule, and commitments, while fully adhering to regulations on investment, planning, construction, land use, environmental protection, technology, fire safety, occupational safety, and national defense and security.
VinFast’s investment of over VND 7.056 trillion across more than 82 hectares does not merely add a major project to Vinhomes Vung Ang Industrial Park—signaling Vung Ang Economic Zone's strong appeal to industrial investments—it also expands the supply of industrial real estate, warehousing, and support infrastructure. Furthermore, the commitment to prioritizing advanced, automated, and green technology will help elevate the quality of investment capital, drive the formation of a modern industrial ecosystem, foster corporate connectivity, and provide fresh momentum for Vung Ang Economic Zone's sustainable, integrated growth.
