This article needs additional citations for verification. (January 2021) |
Ford Vietnam Limited is the Vietnamese joint venture between Ford Motor Company (75%) and local Song Cong Diesel Company (25%), established in 1995. Ford's investment is credited with helping industrialize Vietnam.[1] Ford Vietnam has its headquarters in Hanoi with an office in Ho Chi Minh City and an assembly plant located in Hai Duong province - 55 km (34 mi) east of Hanoi, with the capacity of 14,000 vehicles per year until a 2018 expansion.[2]
 | |
| Company type | Private joint venture |
|---|---|
| Industry | Automotive |
| Founded | 1995 |
| Headquarters | , |
Area served | Vietnam |
| Products | Automobiles, pickup trucks, commercial vehicles |
| Owner | Ford Motor Company: 75% DISOCO: 25% |
| Website | ford.com.vn |
In January 2020, Ford announced increased investment that would further expand capacity to 40,000 vehicles per year.[3] As of 2023, Ford had acquired a 13.9% market share, making it the third-largest automobile company in Vietnam.[4]
Ford Vietnam is the first automotive manufacturer in Vietnam receiving ISO 9001, ISO 14001 and QS9000 accreditation, ISO/TS16949 - 2002.[citation needed]
References
edit- ^ "From farm to factory: How Vietnam became globalisation winners". Capital Business. Agence France Presse. 18 January 2017. Retrieved 23 January 2021.
- ^ Lam, Tue (7 August 2018). "Foreign-invested auto firms make a U-turn in Vietnam". VN Express International. Retrieved 23 January 2021.
- ^ "Ford invests $82 million to expand Vietnamese plant". Reuters. 14 January 2020. Retrieved 23 January 2021.
- ^ "Market share of leading automobile manufacturers in Vietnam in 2023". Retrieved 26 July 2024.
