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Ford Vietnam

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Ford Vietnam Limited
Company typePrivate joint venture
IndustryAutomotive
Founded1995; 29 years ago (1995)
HeadquartersHà Nội, Vietnam
Area servedVietnam
ProductsAutomobiles, pickup trucks, commercial vehicles
OwnerFord Motor Company: 75%
DISOCO: 25%
Websiteford.com.vn

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. 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.

In January 2020, Ford announced increased investment that would further expand capacity to 40,000 vehicles per year. As of 2023, Ford had acquired a 13.9% market share, making it the third-largest automobile company in Vietnam.

Ford Vietnam is the first automotive manufacturer in Vietnam receiving ISO 9001, ISO 14001 and QS9000 accreditation, ISO/TS16949 - 2002.

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.

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