HANOI -- Top Vietnamese conglomerate Vingroup opened a factory on Friday, beginning commercial production of Vietnam's first homegrown automotive brand, aiming eventually to build 500,000 vehicles a year.
Companies
Vingroup rolls out Vietnam's first auto brand
Automotive unit VinFast sets long-term production target of 500,000 vehicles
A VinFast automobile produced by VinGroup, Vietnam's fledgling automaker. (Photo by Tomoya Onishi)
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