With Vo Quang Hue’s achievements at Robert Bosch Vietnam, Hue is considered an important factor in realising the dream of “Made in Vietnam” automobiles as he has joined Vietnam's leading property developer Vingroup as deputy CEO-Automotive to oversee the group's Vinfast manufacturing complex.
According to newswire VietQ, a few days ago Hue shared on his private page the following message: “I would like to congratulate Vinfast on its ground-breaking ceremony. I would also like to take this opportunity to announce that I joined Vingroup as deputy CEO-Automotive a few days ago, to oversee the Vinfast project.”
Hue said he left Robert Bosch Vietnam with a heavy heart, but the move opened up opportunities for the Vietnamese automobile industry.
One of Vingroup’s important strategies to develop Vinfast is recruiting talented people, and Hue was the first choice due to his deep knowledge and achievements in the automotive engineering sector.
After graduating from a university of Germany, he immediately started working as an engineer for BMW Group, one of the world’s leading automobile makers. Then he was assigned as chief representative of BMW in Egypt for six years before coming back to Vietnam to work as CEO of Robert Bosch Vietnam Co., Ltd. in 2006.
From running Robert Bosch Vietnam with the initial capital of $1 million, Hue himself built the manufacturing and business plans for the factory. In May 2008, Robert Bosch Vietnam received the investment certificate to develop a factory manufacturing push-belts for continuously variable transmission (CVT) in automobiles with an investment capital of €52 million ($62 million), which was increased to €100 million ($112 million) one year later. Then, the factory was expanded to manufacture spare car parts.
Robert Bosch Vietnam’s products are exported to Japan and are present in the world’s leading automobile brands.
Hue played an important role in developing Robert Bosch Vietnam from a representative office in Ho Chi Minh City to one of the largest European-invested firms in Vietnam with more than 3,300 associates to date. The company now has established activities in four fields, including research and development (R&D), manufacturing, sales, and services.
Thus, Hue is considered one of the most knowledgeable people in international-standard automobiles manufacturing in the country.
Hue said that his devotion to Robert Bosch Vietnam is important, however, so is developing Vietnam, thus, he announced on his private page that he believes joining Vinfast will be the exciting next step in continuing to pursue his dream of transforming Vietnam into a dominant technology hub in the ASEAN bloc.