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1.2-billion-USD MoU signed to build VinFast charging stations in Indonesia
V-GREEN, a private firm owned by billionaire Pham Nhat Vuong, and Prime Group, a multi-sector conglomerate, on December 11 announced a memorandum of understanding (MoU) to develop a network of charging stations for VinFast electric vehicles (EVs) in Indonesia, with a projected total investment of up to 1.2 billion USD.
Economy
Vietnamese automobile market continues to see growth in sales
After a strong surge in sales in September when the Vietnamese automobile market saw a 45% increase, an increase was still recorded in October, though at a more modest rate.
VinFast becomes best-selling car brand in Vietnamese automobile market
Automaker VinFast, a subsidiary of conglomerate Vingroup, has announced it delivered more than 9,300 cars to customers in September, securing the leading position in the Vietnamese automobile market in the month.
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