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Automobiles

Vingroup leans on government and ride-hailer to boost auto sales

Vietnam conglomerate also eyes foreign markets to achieve ambitious targets

Fadil hatchbacks began rolling off the assembly line at VinFast's $3.5 billion factory in June.   © Reuters

HANOI -- Vingroup, the ambitious Vietnamese conglomerate that recently added an automaker to its portfolio of companies, is giving the government a sales pitch while offering incentives to ride-hailing drivers looking to buy a new car.

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