VinFast eyes global market, to open car plant in US

(VOVWORLD) - VinFast plans to set up an automobile plant in the US as part of its strategy to start selling there in 2022, Bloomberg reported on Tuesday.

VinFast eyes global market, to open car plant in US - ảnh 1An VinFast car is tested in a factory in the northern Hai Phong City. (Photo: VnExpress)

The company, a subsidiary of conglomerate Vingroup, did not provide details about when it will be set up or where.

Bloomberg quoted its CEO Thai Thanh Hai as saying, "VinFast’s vision is to become a global smart electric car company and the U.S. is one of the first international markets that we will focus on." "We will initially develop high-end models for the U.S."

The company also plans to open 35 showrooms and service centers this year in California state where it has received a license to test autonomous vehicles on public streets.

Malaysian newspaper The Star quoted Hai as saying VinFast believes it can win over American and other overseas customers leery of buying an automobile from a Vietnamese company they know little or nothing about by offering top-quality vehicles with high safety standards and advanced technology.

The company has R&D centers in Australia, Germany and the U.S.

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