Vietnam's VinFast calls Philippines 'important' for its global expansion

Head of automaker's local unit says the country has 'a lot of room to grow'

20241024 VinFast in manila

Cao Ngoc Nguyen Duy, the chief executive of VinFast Philippines, says the automaker's VF7 is priced to entice Filipino drivers to give up the internal combustion engine. (Photo by Ramon Royandoyan)

RAMON ROYANDOYAN, Nikkei staff writer

MANILA -- The Philippines and its relatively nascent electric vehicle market offer VinFast an important growth opportunity, the head of the Vietnamese automaker's local unit said.

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