Hyundai Motor Co. has signed an agreement with Vina Star Motors Corp to supply 3,300 mini-trucks to be assembled in Vietnam, a Hyundai spokesman told Reuters.


Under the deal signed last Wednesday, the Porter models would be supplied as complete knock-down (CKD) kits to be assembled and sold in Vietnam from next February, Jake Jang reportedly said.


“It’s the first such deal with Vietnam,” the spokesman told Reuters, noting Hyundai’s similar CKD operations in Malaysia and Indonesia. “Production will be out of Vina’s plant in Ho Chi Minh City.” He could not give an estimated value of the venture.


Hyundai was also in talks with the Vietnamese automaker to supply Starex sports utility vehicles, he added, according to Reuters.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now