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Viet developer rolls out plans for cars designed and made in Vietnam

Country's largest property player investing up to US$3.5b in R&D and production; aims for first car in 24 months

Published Sun, Sep 3, 2017 · 09:50 PM
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Hanoi

VIETNAM wants to design and make cars for its 90 million motorbike and scooter riders.

The country's largest real-estate company Vingroup JSC said that it plans to invest up to US$3.5 billion to set up a manufacturing and research and development complex, aiming to roll out the first car in 24 months.

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