Indonesian President Joko Widodo on Saturday visited an electric vehicle (EV) manufacturing complex of Vietnamese EV maker VinFast in northern Hai Phong City, where he expressed his impression on its business scale and EV quality.

The field trip to the VinFast facility was part of the top Indonesian official’s state visit to Vietnam from Thursday to Saturday, at the invitation of his Vietnamese counterpart Vo Van Thuong.

Pham Nhat Vuong, founder and chairman of Vingroup - Vietnam's biggest conglomerate and VinFast's parent company, drove the Indonesian state leader to tour the EV manufacturing plant.

Vuong also briefed President Widodo and other visitors on VinFast’s plan to invest at least US$1 billion in Indonesia in the long run.

Indonesian President Joko Widodo expressed his satisfaction at experiencing some VinFast EV models during his field trip to a Vinfast manufacturing complex in Hai Phong City, northern Vietnam on January 13, 2024. Photo: Tien Thang / Tuoi Tre

Apart from distributing EVs imported from Vietnam in the Indonesian market, VinFast is set to inject $200 million into developing an Indonesia-based EV manufacturing plant whose annual output is anticipated at 30,000-50,000 units.

After exploring the VinFast complex and its range of EVs, President Widodo expressed his pleasure of visiting the facility as well as his impression on the business scale and quality of VinFast vehicles.

He also pledged optimal conditions for VinFast to facilitate procedures needed to establish its business in Indonesia.

Prior to the field trip to the VinFast complex, President Widodo and Vietnamese Prime Minister Pham Minh Chinh attended a meeting with Vietnamese and Indonesian businesses.

Representatives of VinFast and Green and Smart Mobility Joint Stock Company (GSM), taxi operator and leasing provider under VinGroup, said at the meeting that they had signed a memorandum of understanding with Indonesia’s tech firm PT GoTo Gojek Tokopedia Tbk to promote green transport in the islands country.

Besides, GSM revealed its plan to invest $900 million in Indonesia in the upcoming period.

Both VinFast and GSM expressed their desire to make significant contributions to the Indonesian government’s goal of reducing greenhouse gas emissions from transport.

Pham Nhat Vuong (L, first row, 1st), founder and chairman of Vingroup - Vietnam's biggest conglomerate and VinFast's parent company, briefs Indonesian President Joko Widodo (L, first row, 2nd) and other visitors on VinFast’s plan to invest at least US$1 billion in Indonesia in the long run. Photo: Tien Thang / Tuoi Tre

Indonesian President Joko Widodo pledged optimal conditions for VinFast to facilitate procedures needed to establish its business in Indonesia. Photo: Tien Thang / Tuoi Tre

Indonesian President Joko Widodo observes VinFast electric vehicle production lines. Photo: Tien Thang / Tuoi Tre

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