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|The inauguration ceremony for the new Vinsmart manufacturing plant|
The first phase of the Vinsmart manufacturing plant in Hoa Lac Hi-tech Park (Hanoi) has been inaugurated on November 23. The facility will manufacture smartphones, smart and high-tech devices by cutting-edge production lines, carving out a spot for Vinsmart on the world map of high-tech companies.
Of its 14.8ha area, the plant has developed the first phase on 4.8ha to manufacture electronic boards, smartphones, and built several R&D facilities.
The capacity of the first phase is 26 million devices per year, including 23 million smartphones, one million IoT devices (Internet of Things), and two million other products.
Complemented and upgraded by subsequent phases, this will be one of the most modern manufacturing plants in the region, with production lines imported from the US, Germany, Japan, and South Korea to create a closed, automatic, and highly efficient production process.
All machines, quality standards, and IT systems of Vinsmart have been evaluated by US and European experts to ensure they can meet the requirements of global partners.
In addition to the cutting-edge infrastructure of the plant, Vinsmart also gathered hundreds of engineers, scientists, and experts for the design and development of high-tech products and work at its R&D facilities. The first 5G devices are expected to be released in 2020.
"Manufacturing smart devices will be a foundation for Vietnam to become a global centre for manufacturing and exporting high-tech products, as well as confirm the position of Vingroup on the map of the world's technology companies," Le Thi Thu Thuy, vice president of Vingroup and CEO of Vinsmart, said.
Within a single year since its establishment, Vinsmart has built a factory in Haiphong and Hoa Lac Hi-tech Park, partnered with the world's leading technology firms like Qualcomm and Google, as well as released eight smartphone models, which are also exported to international markets like Spain, Myanmar, and Russia.