Hanam, Vietnam -- Honda Vietnam Co., Ltd. (HVN) inaugurated Line 6 and celebrated the twenty-five million motorcycle production achievement at Hanam and Vinh Phuc factory.
Honda Vietnam today inaugurated new production line at the ceremony. This is the 6th line which will be run at Hanam factory to manufacture Air Blade. Adding one more production line assists production capacity of HVN to increase by 250,000 units per year, which is expected to meet the increasing demand of the scooter market.
Besides, HVN also proudly celebrated the twenty-five million unit of cumulative motorcycle production. A “SH150” that rolled off the assembly line represented HVN’s 25 millionth motorcycle produced. This remarkable milestone symbolizes HVN’s signficant contribution to the country’s motorcycle business and demonstrates the company’s commitment to long-term investment in the country. This is the result of the millions of customers who have placed their trust in HVN. On this special occasion, HVN want to send 25 million thanks to beloved customers for helping us achieve this major milestone. HVN also would like to express gratitude to supportive local authorities, associates and HEADs (Honda Exclusive Authorized Dealers) for making the growth & success of HVN possible. HVN will continue striving for offering high-quality products that go beyond the expectations of our customers.
Honorable guests from government attended the ceremony, including Mr. Nguyen Xuan Dong, Chairman of People’s Committee of Hanam Province together with other provincial leaders and media outlets. Mr. Takahiro Honda, General Manager, Production Planning Div., Motorcycle Operation, Honda Motor Co., Ltd.; Mr. Kenichi Uno, Director of Motorcycle & Power Products Production Planning Div, Asian Honda Motor Co., Ltd.; Mr. Yuichi Akita, General Manager of Motorcycle & Power Products Purchasing Div, Asian Honda Motor Co., Ltd.; Mr. Toshio Kuwahara, General Director, Honda Vietnam Co., Ltd. and Mr. Le Huu Phuc, 1st Deputy General Director, Honda Vietnam Co., Ltd. attended the ceremony, representing Honda. HVN expressed its appreciation to the Vietnamese government at the ceremony, as well as to media outlets, business partners, and its valued customers, for their strong support.
HVN commenced operations in 1996 and produced the first motorcycle in December 1997. During more than 20 years of business, HVN has strengthened its production facilities and motorcycle business activities through the operation of three motorcycle factories, a parts center, and various workshops. As the company has grown, HVN has boosted its exports while increasing its sales in the domestic market. The company also places a strong emphasis on corporate social responsibility activities to better serve Vietnamese society.
HVN celebrated the production of its five-millionth motorcycle in July 2008, the 10-millionth in September 2011, the 15-millionth in March 2014 and the 20-millionth in September 2016. The company managed to produce an additional five million units within a short two years to reach the total of 25 million motorcycles produced. Moving toward the next milestone, HVN will strive to provide high-quality products that always exceed customers’ expectations and contribute to the development of Vietnam’s economy while achieving the goal of being a company that society wants to exist.
Honda Vietnam’s motorcycle production milestones:
December 1997 Commenced production
July 2008 Cumulative production reached 5 million units
September 2011 Cumulative production reached 10 million units
March 2014 Cumulative production reached 15 million units
September 2016 Cumulative production reached 20 million units
October 2018 Cumulative production reached 25 million units
Profile of Honda Vietnam Co., Ltd.:
Established: March 1996
Location: Head office (first and second plants): Vinh Phuc Province
Third plant: Ha Nam Province
Representative office: Hanoi City
Branch offices: Ho Chi Minh City and Ha Nam Province
Representative: Toshio Kuwahara – General Director
Capital: VND 1,007,972,500,000
Capitalization ratio: 42% - Honda Motor Co., Ltd.
30% - VEAM Corp (Vietnam Engine & Agricultural Machinery Corporation)
28% - Asian Honda Motor Co., Ltd.
Production capacity: 2.75 million motorcycles per year
10,000 automobiles per year
Dealer network: 784 HEADs (Honda Exclusive Authorized Dealers) as of end Sep 2018
31 automobile dealers as of end Sep 2018