Indonesian President Joko Widodo paid a visit to VinFast’s electric vehicle (EV) manufacturing complex in northern Hai Phong City on Saturday, expressing admiration for the impressive business scale and quality of VinFast’s EVs.

This visit to the VinFast facility was part of the official state visit by the top Indonesian official to Vietnam from Thursday to Saturday, upon the invitation of his Vietnamese counterpart, Vo Van Thuong.

Pham Nhat Vuong, founder and chairman of Vingroup – Vietnam’s largest conglomerate and the parent company of VinFast, personally guided the Indonesian state leader on a tour of the EV manufacturing plant.

Vuong took the opportunity to brief President Widodo and other visitors on VinFast’s ambitious plan to invest at least US$1 billion in Indonesia in the long term.

In addition to introducing VinFast EVs to the Indonesian market, VinFast is poised to invest $200 million in establishing an EV manufacturing plant in Indonesia, with an expected annual output of 30,000-50,000 units.

Following the exploration of the VinFast complex and its array of EVs, President Widodo expressed satisfaction with his visit, emphasizing his positive impressions of VinFast’s business scale and vehicle quality.

He further pledged to provide optimal conditions for VinFast, facilitating the necessary procedures for the company to establish its presence in Indonesia.

Representatives from VinFast and Green and Smart Mobility Joint Stock Company (GSM), a taxi operator and leasing provider under VinGroup, announced during the meeting that they had signed a memorandum of understanding with Indonesia’s tech firm PT GoTo Gojek Tokopedia Tbk to promote green transport in the archipelago.

Additionally, GSM disclosed plans to invest $900 million in Indonesia in the coming period.