According to the announcement from Hyundai Motor, one of the leading automotive manufacturers in the world, it has decided to expand its output this year, with launching a new factory in Vietnam.

After the completion of the Vietnam plant, the total output in Hyundai Motor might increase more than 100% from now, expected to reach 2.4 times from now.

In the first half of this year, the total sales of automobiles in Vietnam of Hyundai Motor were around 25,000 units, which was ranked the first in the market.