Hashtag
Men's Weekly

This milestone marks a significant step in VinFast's long-term development strategy, reinforcing local transportation and industrial infrastructure while generating positive socio-economic impact in the Indonesian market.

VinFast’s factory in Subang, Indonesia, was brought into operation in just 17 months, underscoring VinFast’s strong execution capability and long-term commitment to sustainable development in Indonesia.
VinFast’s factory in Subang, Indonesia, was brought into operation in just 17 months, underscoring VinFast’s strong execution capability and long-term commitment to sustainable development in Indonesia.

Under the agreement, VinFast Indonesia will act as the strategic investor and fully finance the project. The parties aim to enhance transportation infrastructure without placing additional pressure on the local government budget, while accelerating project implementation and optimizing logistics costs to ensure the interchange becomes operational at the earliest possible stage.

Specifically, on January 14, 2026, VinFast Indonesia, the Subang Regency Government, and PT Lintas Marga Sedaya (PT LMS) - the operator of the Cipali Toll Road - signed a joint agreement for the construction, operation, and maintenance of the Manyingsal Interchange at Km 115+500 on the Cipali Toll Road.

VinFast Indonesia will fully finance all project-related expenditures, encompassing master planning, feasibility studies, permitting, construction, and ancillary costs, while working in close coordination with the Subang Regency Government to secure approvals from Indonesia's Ministry of Public Works.

The Subang Regency Government will serve as the central coordinating authority, directly overseeing and processing all licensing procedures, including permits for the use of toll road space. It will designate specialized entities to implement the project, coordinate the completion of technical documentation, detailed design, and environmental impact assessments through to official project approval and operational licensing, and conduct periodic monthly supervision and evaluations.

In its capacity as the toll road operator, PT LMS will collaborate in developing technical cooperation programs within its mandate, while actively engaging in discussions and reaching agreement on detailed operation and maintenance plans under supplementary agreements.

On December 15, 2025, the project received in-principle approval from Indonesia's Ministry of Public Works. Accordingly, the maximum project completion timeline is three years from the date of permit issuance. Upon completion of construction and receipt of the Operational Feasibility Certificate (SLFO), all land and interchange assets will be transferred by the Subang Regency Government to the Ministry of Public Works for management in accordance with state asset regulations.

Mr. Pham Sanh Chau, CEO of VinFast Asia, commented: "In every market we enter, we are committed to building enduring partnerships that generate shared prosperity. We do not view infrastructure as a peripheral investment, but as a foundational catalyst for sustainable socio-economic advancement. Our commitment to Indonesia is long-term and holistic, working alongside government and communities to strengthen competitiveness, create employment, and elevate quality of life. 'Move people ahead, bring the nation forward' is the principle that anchors our strategy and guides our actions across the region."

The agreement not only underscores VinFast's long-term investment commitment to Indonesia's automotive sector, but also reaffirms the Company's proactive role in partnering with local authorities to advance strategic infrastructure development.

Strengthening transportation infrastructure is expected to enhance logistics efficiency, improve Subang's economic competitiveness, and generate sustainable growth momentum for the broader region. At the same time, the project is anticipated to create thousands of new employment opportunities, making a meaningful contribution to Indonesia's ongoing industrialization and modernization efforts.

In under two years since entering Indonesia, VinFast has inaugurated its Subang facility, introduced a diversified electric vehicle portfolio, and rapidly expanded its ecosystem, from dealership and aftersales networks to a nationwide charging infrastructure developed in partnership with global charging network developer V-Green, as well as strategic alliances with leading banks and financial institutions.

Through bold policy frameworks and an integrated ecosystem strategy, VinFast is accelerating Indonesia's green mobility transition and consolidating its position as a transformative force in the region's sustainable transportation landscape.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

Why NDIS Cleaning Services Boost Health, Safety & Independence

For many Australians living with a disability, maintaining a clean and safe home can be challenging. Everyday cleaning tasks-like ...

The Most Common Mistakes Sellers Make When Listing Property on the Central Coast

Selling a home is often one of the biggest financial decisions people make, and outcomes are rarely shaped by one single factor...

Experience Unmatched Durability And Beauty With Premium Hardwood Timber Batten

Imagine a space that not only looks stunning but also stands the test of time, gracefully enduring the elements and the rigours ...

Single Split System vs. Multi-Split: Which Air Conditioning Setup Is Right for Your Home?

Walls divide rooms. Air connects them. Comfort should never feel negotiated room by room. Yet many homes live with quiet trade-off...

Expert Guide: Finding the right commercial electrician for your business

When running a business, you've got enough on your plate without worrying about electrical issues. From power outages to faulty ...

Commercial Painting vs Residential Painting Services : What’s really at play here?

When people hear the word painting, they usually picture a simple home touch-up - maybe a living room spruce up or a statement w...

IN THE NEWS

Johnson Electric reports Business and Unaudited Financial Information for the First Quarter of Finan…

HONG KONG SAR - Media OutReach Newswire - 11 July 2024 - This news release is made by Johnson Electric H.

The Costs Associated with Gastric Band Surgery

Overview of Gastric Band Surgery Gastric band surgery is a procedure that helps individuals achieve we.

Etiqa Insurance Singapore Extends Support to Customers Impacted by Jetstar Asia’s Impending Closure…

Goodwill coverage for affected travel insurance customers includes extending claim submission period from.

World Green Economy Summit 2024 Hosts a High-Level Ministerial Roundtable

DUBAI, UAE - EQS Newswire - 4 October 2024 - The 10th World Green Economy Summit (www.WorldGreenEconomy.o.

Philips Evnia launches the 4th Gen QD-OLED Gaming Monitor, elevating the ultimate gaming experience…

SINGAPORE - Media OutReach Newswire - 19 May 2025 - Evnia, the premium gaming sub-brand of Philips Monit.

SABIC Opens Multi- Million-dollar ULTEM™ Resin Manufacturing Facility In Singapore To Meet Growing D…

The facility caters to high-tech end-user industries, such as Aerospace, Healthcare, 5G, Artificial Intel.

Health & Wellness

Why NDIS Cleaning Services Boost Health, Safety & Independence

Hashtag.net.au - avatar Hashtag.net.au

For many Australians living with a disability, maintaining a clean and safe home can be challenging. Everyday cleaning tasks-like vacuuming, mopping, sanitising kitchens, or bathrooms-may pose physica...

Why Choosing a GP Bundoora Is Key to Consistent and Preventive Healthcare

Hashtag.net.au - avatar Hashtag.net.au

Access to dependable primary healthcare is essential for maintaining long-term wellbeing. Choosing a trusted GP Bundoora allows individuals and families to receive ongoing medical support close to h...

What Does an NDIS Support Coordinator Actually Do?

Hashtag.net.au - avatar Hashtag.net.au

The role of a support coordinator is often mentioned in NDIS conversations, but it isn’t always clearly understood. Many participants wonder what a support coordinator actually does day to day, and ho...