Vietnamese automaker Thanh Cong Group inaugurated its Thanh Cong Viet Hung automobile manufacturing plant in Quang Ninh province on March 26.

This is the first automobile manufacturing plant in the northern province.

The project started in early 2023 with an estimated investment capital of over VND8.67 trillion ($336 million).

The plant will mainly produce and assemble commercial vehicles under the Skoda brand - one of the oldest automobile manufacturers from the Czech Republic.

It covers 36.5 ha at Viet Hung Industrial Park with a designed capacity of 120,000 vehicles per year.

The first model, Skoda Kushaq, is set to hit the domestic market in the second quarter of 2025.