It also launched its newly assembled Mazda 2CKD automobiles, which have won more than 50 international awards.

The Vina-Mazda factory, which has been under construction for more than a year, has a total investment of more than US$20 million and the capacity to produce 10,000 cars per year, providing 300 jobs for local people.

The factory expects to produce 500 cars between now and the end of 2011.

Addressing the opening ceremony, Deputy Minister of Industry and Trade Le Duong Quang emphasized the role the Vina-Mazda factory will play in boosting Vietnam’s automobile industry.

He proposed that Vina-Mazda transfer technology and assist with training to help Vietnam develop essential support industries.