VinFast will increase investment in Indonesia to up to $1 billion, executive says
JAKARTA, Dec 15 (Reuters) - Vietnamese electric vehicle maker VinFast VFS.O will increase its investment in Indonesia to up to $1 billion, its local unit chief executive told Reuters on Monday. The statement came after VinFast Indonesia inaugurated its first manufacturing plant in Indonesia on Monday with production capacity of 50,000 cars per year. (Reporting by Stefanno Sulaiman; Editing by David Stanway) ((Stefanno.Sulaiman@thomsonreuters.com;))
Recent news on VinFast Auto
See all newsAuto File: Europe or bust
VinFast drops as Q2 operating loss nearly triples
VinFast Auto Ltd reports results for the quarter ended June 30 - Earnings Summary
VinFast's overseas push lifts quarterly revenue as restructuring gains trim net loss (updated)
Brief: Vinfast Auto - Offers Lease Terms From $399/Month And 0% Apr Financing Up To 84 Months