VinFast starts construction of new EV plant in Indonesia

With an initial investment of around $200 million, the plant will have an annual capacity of 50,000 vehicles.

Scheduled to commence operations in the fourth quarter of 2025, it will produce right-hand drive versions of VinFast's e-SUV models, including VF 3, VF 5, VF 6 and VF 7 for the Indonesian market.

General H. Moeldoko, Chief of Staff of the Executive Office of the Indonesian President, said that VinFast's presence will not only have a positive impact on the local economy, but will also provide new job opportunities and improve the life quality for the surrounding community.

Temmy Wiradjaja, CEO of VinFast Indonesia, remarked that the groundbreaking event, coming just a few months after VinFast's official debut in Indonesia, highlights the company's expansion and competitiveness improvement strategy in the Indonesian market, marking a key milestone in its strategy to become a leading player in one of the region's most promising EV markets.

He said he believes this project will demonstrate his company's long-term commitment to Indonesia, helping boost the EV industry, economic growth, and the quality of life for Indonesians.