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Company type | Private joint venture |
---|---|
Industry | Automotive |
Founded | 1995 |
Headquarters | , |
Area served | Vietnam |
Products | Automobiles, pickup trucks, commercial vehicles |
Owner | Ford Motor Company: 75% DISOCO: 25% |
Website | ford.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. [1] 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. [2]
In January 2020, Ford announced increased investment that would further expand capacity to 40,000 vehicles per year. [3] As of 2023, Ford had acquired a 13.9% market share, making it the third-largest automobile company in Vietnam. [4]
Ford Vietnam is the first automotive manufacturer in Vietnam receiving ISO 9001, ISO 14001 and QS9000 accreditation, ISO/TS16949 - 2002.[ citation needed ]
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