Vingroup enters smartphone business with Spanish partner BQ

Top Vietnamese company starts second manufacturing venture this year

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Vingroup and BQ have set up a new smartphone factory in Haiphong which targets an initial annual capacity of 5 million units 

HO CHI MINH CITY -- Vingroup, Vietnam's largest company by value, will add a new brand to the country's crowded smartphone market on Friday produced at a local factory in partnership with Spanish device maker BQ.

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