After visiting the factory, President Joko Widodo will create conditions for VinFast to soon invest in Indonesia

VinFast Global General Director Pham Nhat Vuong directly drove President Joko Widodo to visit the electric car factory at VinFast’s modern factory complex.

On January 13, 2024, within the framework of the State visit to Vietnam, Indonesian President Joko Widodo visited the VinFast electric automobile and motorbike factory complex in Hai Phong and directly learned about the High-end electric cars of Vietnamese brand. Previously in Hanoi, President Joko Widodo and Vietnamese Prime Minister Pham Minh Chinh had a meeting with businesses that are cooperating in production and business in both countries, including VinFast and GSM.


After visiting the factory and learning about VinFast electric car lines, the President of Indonesia expressed his joy when visiting the factory and was impressed with the quality of VinFast car lines. The President said he will create conditions for VinFast to soon complete production and business investment procedures in the Indonesian market.

According to the announced plan, VinFast is expected to invest a minimum of 1.2 billion USD in Indonesia in the long term. In parallel with the distribution of imported cars from Vietnam in the first phase, VinFast will invest 200 million USD to build an electric vehicle factory with an expected output of up to 30,000 – 50,000 vehicles/year in Indonesia. .


On the same morning in Hanoi, Indonesian President Joko Widodo and Vietnamese Prime Minister Pham Minh Chinh met with businesses investing, producing and doing business in the two countries. During the meeting, VinFast and GSM reported to the leaders of the two countries about the signing of a Memorandum of Cooperation (MoU) with Indonesia’s leading technology company – PT GoTo Gojek Tokopedia Tbk (platform owner). Gojek transportation service application).

The cooperation between the three companies aims to promote green transportation in Indonesia by helping Gojek drivers convert to using electric vehicles, while also giving Indonesian consumers the opportunity to experience the service. 5-star Green SM transportation with VinFast’s environmentally friendly electric vehicles. In addition to VinFast’s investment plan, GSM also announced a plan to invest up to 900 million USD in Indonesia in the near future.

Through signing a Memorandum of Understanding on cooperation with Gojek – the leading e-commerce platform and transportation service application in Indonesia, VinFast and GSM express their desire to strongly contribute to the goal of reducing traffic emissions that the Indonesian Government is targeting. The agreement also opens up opportunities for cooperation and marks a new step for VinFast and GSM in the process of expanding operations to the international market in 2024.

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