Central's former ministers visit Hyundai Thanh Cong Vietnam Auto Joint-Stock Company

A delegation of Central's former ministers paid a fact finding tour to Hyundai Thanh Cong Vietnam Auto Joint-Stock Company,Gian Khau industrial zone, Ninh Binh province, on December 10.

Central's former ministers visit Hyundai Thanh Cong Vietnam Auto Joint-Stock Company

At the working session.

Established in June 2009, Hyundai Thanh Cong Vietnam Auto JSC has become the official distributor of tourist, commercial and sports motorcars of the Hyundai Motor Company in Vietnam. The company ranked second in Vietnamese market share.

At present, Hyundai Motor Company in Vietnam comprises two factories: one for manufacturing and assembling luxurious tourist motorcars with designed capacity of 65 thousand cars; the other for car passenger manufacturing with designed capacity up to 12 thousand car passengers.

The company provides jobs for over 3000 local worker and it planned to contribute around 10 trillion VND to the state budget in 2019.

The delegation expressed their impression to the strong development of the company, as well as its contribution to locality's socio-economic achievement.

They also learned the company's measures, policies to increase its competiveness in the Vietnamese market and its development strategy in a bid to keep the title of being one of biggest manufacturer of high quality motorcars of Vietnam.

Translated by Nguyen Thuy