In January VinFast introduced three self-driving electric cars that will be delivered this year. The company plans to sell them in the U.S., Canada and the E.U., with bookings opening in November and delivery to be made in June next year.
It is reportedly planning an initial public offering in the U.S. to raise at least $2 billion, the first ever Vietnamese company to do so.
Vingroup plans to build a second auto plant in Vietnam in the central province of Ha Tinh. Its first is in the northern city of Hai Phong.