South Korea’s Soosan Group Plans Auto Plant in Bắc Ninh
Soosan Group’s planned auto plant in Bắc Ninh has registered investment of about $37.9 million. It received an investment registration certificate in April 2026, is scheduled to break ground in 2027 and aims to begin operations in July 2028. The group’s two projects in the area have total investment of $45.9 million.
South Korea’s Soosan Group plans to build an auto plant in Bắc Ninh, Vietnam. According to the Bắc Ninh City Party Committee’s portal, Chairman Chung Suk Hyun said during a meeting with local officials on November 12, 2026, that detailed design work for the new project was being finalized. Construction is planned to begin in 2027, with the plant aiming to start operations in July 2028.
Illustrative image of automobile production.（VietVance）
The new project is located in Nam Sơn - Hạp Lĩnh Industrial Park. It covers 8 hectares, has registered investment of about $37.9 million and received an investment registration certificate in April 2026. It is planned to produce automobiles, other motor vehicles, trailers, semi-trailers, and lifting and loading equipment.
Soosan Group currently has two projects in Bắc Ninh, with total investment of $45.9 million and a combined area of 13 hectares. The other project, in Hạp Lĩnh Industrial Cluster, is run by Doosung Vietnam Automobile Co., Ltd. It mainly produces semi-trailers and specialized vehicles, covers nearly 5 hectares and has investment of $8 million. The project generated revenue of VND 691 billion in the first three quarters of 2026 and employs 180 people.
Chung Suk Hyun said the group hopes to increase automation in production and expand its investment. He also asked local authorities to help maintain stable production at the existing project and advance the legal procedures for the new one.
Source: VietVance
