Ford Vietnam

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]

Ford Vietnam Limited

Company type	Private joint venture
Industry	Automotive
Founded	1995; 30 years ago (1995)
Headquarters	Hà Nội , Vietnam
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

1. "From farm to factory: How Vietnam became globalisation winners". Capital Business. Agence France Presse. 18 January 2017. Retrieved 23 January 2021.
2. Lam, Tue (7 August 2018). "Foreign-invested auto firms make a U-turn in Vietnam". VN Express International. Retrieved 23 January 2021.
3. "Ford invests $82 million to expand Vietnamese plant". Reuters. 14 January 2020. Retrieved 23 January 2021.
4. "Market share of leading automobile manufacturers in Vietnam in 2023". Retrieved 26 July 2024.

External links

• Official website