KG Mobility to Begin Local Assembly of Rexton and Musso in Vietnam

KG Mobility (KGM) is moving ahead with its Southeast Asia expansion, as the company’s chair, Kwak Jae-seon, visited Vietnam to review a KD (semi-assembled) production partnership with Futa Group and its subsidiary Kim Long Motor. The visit focused on preparations for launching local assembly of KGM’s vehicles in Vietnam.

The joint meeting took place on [the 11th, local time] at Futa Group’s headquarters in Da Nang. Attendees included KGM chair Kwak Jae-seon and KGM business head Kwon Kyo-won, along with Nguyen Huu Luong, Futa Group chairman; My Tien Phat, Futa Group president; and Ho Cong Hai, another Futa Group executive.

Prior to the meeting, on the 10th, Kwak toured the nearly completed KLMH facility, a dedicated KD production plant. The visit was to assess stage-by-stage readiness and identify the support needed to advance construction and operations.

KLMH is slated to begin local assembly of KGM’s key models, such as the Rexton and Musso, in the second half of this year. The plan reflects a push to localize production for at least part of KGM’s lineup in Vietnam, rather than relying solely on imports.

Kwak emphasized that the Vietnam plant is expected to deliver high-quality vehicles incorporating KGM’s production know-how, and that both companies will work to ensure top-tier manufacturing standards. He framed the collaboration as a joint effort to build reliable vehicles for the Vietnamese market and for export.

KGM describes Vietnam as a high-potential market with rising car demand and as a strategic hub for expanding exports to Southeast Asia. The leadership signaled that developing new markets and introducing fresh models abroad are central to sustaining KG Mobility’s global sales growth.

For U.S. readers, the move highlights Korea’s broader manufacturing globalization strategy, with Vietnam viewed as a growing production and export base in Southeast Asia. The development could influence regional supply chains, parts sourcing, and competition in neighboring markets as automakers diversify their manufacturing footprints beyond Korea and China. It also signals ongoing shifts in global auto manufacturing that may have implications for suppliers, trade dynamics, and the pace of new-model rollouts in the Asia-Pacific region.