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VinaMazda is a Vietnamese joint-venture automotive company jointly operated by Mazda and THACO. In late 2010, Mazda's return to Vietnam was announced. A 10000-vehicle-per-year factory was inaugurated in 2011 in Núi Thành District. The company manufactures for domestic market such models as the Mazda3 and Mazda CX-5. [1] [2]
In 2014, the company captured 32% of Vietnam's automobile market. [3] As of 2017, THACO owned the largest automobile production capacity in Vietnam, at 71,000 units per year. [4] THACO's main products comprise family cars, light trucks, and buses.
2012 : Changan Mazda Automobile established as a 50:50 joint venture between Mazda and Changan 2021 : Changan Mazda restructured so that Mazda & Changan now each hold 47.5% while FAW now holds 5%. FAW's 60% stake in FAW Mazda Motor Sales Co., Ltd. (FMSC) is now owned by Changan Mazda Automobile Nanjing Engine Plant Changan Mazda Engine Co. (CME
Chien Thang truck VinFast LUX SUV V8 at the 2019 Geneva Motor Show. The automotive industry in Vietnam is a fast-growing sector mainly reliant on domestic sales. All currently produced models are designed abroad by foreign brands, and many rely on knock-down kit production.
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