Honda Vietnam Inaugurate the Third Motorcycle Production Plant in Vietnam
a Honda motorcycle and automobile sales and production joint venture
Honda Vietnam Co., Ltd., a Honda motorcycle and automobile sales and production joint venture in Vietnam, held an inauguration ceremony of the third motorcycle production plant in Ha Nam Province yesterday. Vice Prime Minister of The Socialist Republic of Vietnam Hoang Trung Hai and representatives of governmental and local authorities were there.
One of Honda's green production plants in Brazil
The third motorcycle production plant is located in an area of 270,000 m2 at Dong Van II Industrial Zone in Ha Nam Province, which is 40 km South of Hanoi. This plant has an initial capital investment of about USD 120 million with annual production capacity of 500,000 units.
The third plant is designed to achieve environmental and human friendly targets. Accordingly, this plant is built based on the concept of taking full advantage of natural energy resources in the most effective ways. The entire production procedure of the third plant will fully meet the most demanding environmental standards in Vietnam and in the world.
All the most advanced technologies of Honda in the motorcycle manufacturing field have been applied in the production system and workshops of the third plant, including: welding workshop, painting workshop, assembling workshop for finished-products. The third plant is expected to become one of the most advanced plants in the world in both technology and efficiency.
The plant is equipped with modern machinery to produce high quality and environmentally-friendly products. This plant will be operated under ISO 9001 quality management and ISO 14001 environment management standards.
In the first phase, this plant will manufacture 1,000 motorcycles per day, most of which will be scooters.
Since the start of production in 1997, Honda Vietnam’s accumulated motorcycle production has reached more than 15 million units. The estimated market share of Honda Vietnam in 2014 is about 70% up to now*1.
By having the third motorcycle plant in mass production, Honda Vietnam will continue enhancing product lineup to not only fulfill the increasingly diverse needs of customers in Vietnam, but at the same time also push up
exports to other countries in the world.
About the 3rd Motorcycle Production Plant
Location: Ha Nam Province (40 km South of Hanoi)
Investment capital: 120 million USD
Production capacity: 500,000 units/year
Number of staff: About 1,400 people
Workshop area: 51,000 m2
Campus area: 270,000 m2
Production model: Scooters
About Honda Vietnam Co., Ltd.
Established: March 1996
Location: Head office (plants): Vinh Phuc Province
Representative offices in Hanoi City, Ho Chi Minh City
Capital: US$ 62.9 million
Business: Production and sales of motorcycles and automobiles
Start of production: Motorcycle: December 1997
Automobile: July 2006
Number of motorcycle dealers*2: 666 (as of October, 2014)
Number of automobile dealers: 11 (as of October, 2014)
*1
Motorcycle market share in Vietnam consists of 5 FDIs (Honda Vietnam Co., Ltd., Yamaha Motor
Vietnam Co., Ltd., Vietnam Suzuki Corporation, SYM Vietnam and Piaggio Vietnam Co., Ltd.)
*2
Exclusive distributor for Honda motorcycles
Press release from Honda, Ha Nam, Vietnam, November 10, 2014