Vietnam to invest US $4 Billion to start making cars

Magee · 31-05-2018, 10:09 PM

Whilst the car industry has closed in Australia. VinFast has plans to set up a plant to make cars in Vietnam from scratch.

I have never heard about them until today but checking their website they have paid to have cars designed in Italy and will use BMW Engineering.

The company behind them is called Vingroup who are in just about every industry in Vietnam.

The interesting part is that they are looking for ready to go Automotive Engineers. It may be a good opportunity for some one who has been retrenched from the Australian Car Industry and is looking for a change in scenery for a few years.

I could not link the article as I got an error but I copied in the address below.

http://www.vir.com.vn/vinfast-spends...gns-55721.html

GASWAGON · 31-05-2018, 10:32 PM

Wonder how many passengers these Vietnamese car makers plan on fitting into these cars.......... LOL!!!!!!!

I've seen how many they fit on their scooters.......at least 5 people plus dad riding with the only helmet out of the rest of the family!!!

It seems to be reminding me of the G.M owned 'Daewoo' brand.....I've seen some of this Daewoo stuff first hand in other industries and its horrible horrible stuff.............

**Burnout** · 01-06-2018, 07:42 AM

Interesting; could this be Daewoos' new model:
http://www.vir.com.vn/former-gm-exec...s-vinfast.html

OzJavelin · 01-06-2018, 09:24 AM

Wonder what happened to the manufacturing equipment used by Ford/Holden here? Wonder if/when it will be sent OS to kickstart some other competitor?

When the IT Company colloquially known as "Big Blue" packed up manufacturing here in Australia in early 2000's, the circuit board manufacturing stuff went to China to help progress their capabilities .. and as far as I know, a lot of the stuff used to build PCs sent to China (Lenovo) too?

Maka · 01-06-2018, 09:42 AM

Good on Vietnam, i really hope it goes well for them & its success empowers the appropriate people here in Australia to do likewise. We need our own proper auto manufacturering industry again imo for plenty of obvious reasons.

cheers, Maka

Vesper Martini · 01-06-2018, 11:08 AM

I was in Vietnam last year, they are making a lot of good decisions there, dedicated areas for tourism and they are the 2nd largest agricultural producer in Asia after Thailand. new ports were being made etc

However the cost of cars & trucks there is a killer, you only have to watch the start of Top Gear Vietnam to realise why they used Bikes.
they could easily take on car manufacture just for themselves

PS cheap holidays will fast disappear, wealthier Chinese & Koreans are flocking there in droves

GASWAGON · 01-06-2018, 09:57 PM

Quote:

Originally Posted by Burnout

Interesting; could this be Daewoos' new model:
http://www.vir.com.vn/former-gm-exec...s-vinfast.html

Oh ye....well done G.M.

Make more Daewoo's...........................LOL!!!!

And we still got the 'Great Walls' and 'Tata' cars to deal with aswell???

FFS!!!

Crazy Dazz · 02-06-2018, 12:31 AM

Bwahahaha

I have lived and worked in Viet Nam.
Amazing people, but all I can say is "good luck with that."
I'm not exaggerating when I say that getting any project off the ground and operating, will take 2~3 times longer than anywhere else. Viet Nam is a graveyard of half-finished projects.

And as for quality control? Bwahahaha.

They are a lovely people, and easily the least materialistic I have encountered.
However their approach to QA/QC can best be described as "we don't give a ****," and "not my problem."

davenl5l · 02-06-2018, 07:35 AM

I wonder how much cash our useless government will GIVE them. After all we just paid $160 million for a bridge for them

roddy1960 · 02-06-2018, 10:22 AM

Quote:

Originally Posted by Maka

Good on Vietnam, i really hope it goes well for them & its success empowers the appropriate people here in Australia to do likewise. We need our own proper auto manufacturering industry again imo for plenty of obvious reasons.

cheers, Maka

Wouldn't that be great . No beholdin to an overseas parent company that controls the purse strings .

Just imagine a truly "Australia's Own Car " designed and built with vast tech savvy we really do have . With our ingenuity I'd be surprised if some far thinking proponent doesn't at least think about starting our own commercial vehicle or even special utility vehicle maker.

I know it was done before like the Bolwell Ikara etc ..but these are different times with no major backed companies like Ford ,GM , Toyota building locally to compete with .

The likelyhood is small of course but it'd be a fool to say never happen . Re daven 151's comment ..I agree . Money could be better spent in our own backyard ..Clean up your own mess before you clean up anybody else's.

https://www.youtube.com/watch?v=5Xf6SKgrYXc .. 1970's Bolwell story....

Zenvo in Denmark and Koenisegg in Sweden operate as small volume but profitable car makers . Why not us ?..

roddy1960 · 02-06-2018, 10:31 AM

Forgot to say ...Good luck to Vietnam if this means serious standard of living improvements for them , been through it all and such but the last thing the Vietnamese people would need is some sort of company/ companies coming in and using the workers on really low wages and lesser infrastructure unless it there was something in it for them . The world doesn't need another crappy Daewoo company that's for sure .

Bossxr8 · 04-06-2018, 02:55 PM

Quote:

Originally Posted by roddy1960

Wouldn't that be great . No beholdin to an overseas parent company that controls the purse strings .

Just imagine a truly "Australia's Own Car " designed and built with vast tech savvy we really do have . With our ingenuity I'd be surprised if some far thinking proponent doesn't at least think about starting our own commercial vehicle or even special utility vehicle maker.

I know it was done before like the Bolwell Ikara etc ..but these are different times with no major backed companies like Ford ,GM , Toyota building locally to compete with .

The likelyhood is small of course but it'd be a fool to say never happen . Re daven 151's comment ..I agree . Money could be better spent in our own backyard ..Clean up your own mess before you clean up anybody else's.

https://www.youtube.com/watch?v=5Xf6SKgrYXc .. 1970's Bolwell story....

Zenvo in Denmark and Koenisegg in Sweden operate as small volume but profitable car makers . Why not us ?..

The Brabham BT62 is hopefully the start of niche manufacturing here. They plan on making 72 at their adelaide factory (formerly the ZF plant that supplied the rear end for VE onwards Commodlore) and most are already spoken for. They are also planning some new models to follow on from that.

Vesper Martini · 04-06-2018, 03:05 PM

Quote:

Originally Posted by davenl5l

I wonder how much cash our useless government will GIVE them. After all we just paid $160 million for a bridge for them

That's chicken feed to Australia, to a project that probably otherwise wouldn't happen. 160 Million doesn't even plan a bridge here
Vietnam is Australia's largest growing partner, and Vietnamese are the 6th on our immigrants list.