HANOI -- Vietnam's largest conglomerate, Vingroup, starts production in August at a new smartphone factory that will lift its annual capacity to 125 million units by early next year -- about 25 times the current level.
Hanoi factory also will build devices for US and European brands

Workers assemble Vingroup's Vsmart phones at a factory in Haiphong. A new plant in Hanoi will sharply increase the group's output. © Reuters
HANOI -- Vietnam's largest conglomerate, Vingroup, starts production in August at a new smartphone factory that will lift its annual capacity to 125 million units by early next year -- about 25 times the current level.