VinFast to Expand Into Southeast Asia, Raise More Capital
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Vietnamese electric-vehicle maker VinFast Auto Ltd. plans to aggressively move into Southeast Asian markets, starting with Indonesia, and expects to eventually raise “a lot of capital” to fuel its global expansion plans, according to Chief Executive Officer Le Thi Thu Thuy.
The company expects to meet its target this year of selling 45,000 to 50,000 vehicles, she said in an interview with Bloomberg TV’s Rishaad Salamat and Yvonne Man.