Second Hyundai Thanh Cong auto factory inaugurated in Ninh Binh

Speaking at the event, Chairman of the Thanh Cong Group’s Board of Directors Nguyen Anh Tuan said the factory is equipped with the latest technology from the Republic of Korea and will manufacture hi-quality, eco-friendly and fuel-saving vehicles based on high-precision assembly lines and digital platform, toward becoming a smart factory.

The event is also meant to mark the 30th anniversary of Vietnam-RoK diplomatic ties, the 30th anniversary of Ninh Binh’s reestablishment and the 15th anniversary of Thanh Cong Group’s investment in the province, he said.

The second factory spreads out over 50ha and has a total designed capacity of 100,000 units per year, raising the total capacity of two Hyundai Thanh Cong factories in Vietnam to 180,000 units by 2025 to meet demand at home and abroad.

Chairman of the provincial People’s Committee Pham Quang Ngoc said it is one of the 16 key projects for 2021-2025 in the province. Thanh Cong Group and its joint venture partner Huyndai Motor Group have so far invested in eight projects worth nearly 12.3 trillion VND (512 million USD) in Ninh Binh.

Chairman Ngoc also committed all possible support to the investors to do business in the province.

Mentioning Ninh Binh province, tourists not only think of a historic relic but also an alluring tourism destination. Ninh Binh has numerous valuable cultural and historical heritage sites such as Hoa Lu ancient capital, Phat Diem stone church, Bich Dong pagoda, Bai Dinh pagoda, Thai Vi temple, and various intangible cultural heritage elements such as festivals, folk singing and culinary culture.

Authorities of the northern province of Ninh Binh has decided to cancel the Tourism Week “Golden Colour of Tam Coc – Trang An” due to the complicated developments of the COVID-19 pandemic.

The government has given the green light for the development of Ninh Binh-Nam Dinh-Thai Binh Expressway under the public-private partnership format.

The northern province of Ninh Binh where Hollywood blockbuster 'Kong: Skull Island' was filmed in 2016 was named one of the 12 "coolest movie filming locations" in Asia, according to US magazine Travel + Leisure.