Hanoi, Feb. 3 -- Work on two major automobile manufacturing and assembly plants with Chinese investments will start in northern Thai Binh province in the first half of 2025.

Geely Auto Group, a leading Chinese automaker based in Hangzhou, and Vietnam's Tasco Joint Stock Company plan to commence construction of an automobile manufacturing and assembly plant in Tien Hai Economic Zone in June 2025. The first vehicles are expected to roll off the production line by early 2026.

Under their cooperation agreement, the two companies will establish a joint venture for automobile assembly and distribution in Vietnam. The factory, covering 30 hectares, will have an initial production capacity of 75,000 vehicles per year. The project has a total in...