VinFast plans to open India, Indonesia plants this year in pivot to Asia

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HANOI :Vietnamese electric vehicle maker VinFast plans to open a car assembly plant in India by the end of June and another one in Indonesia in October, its chief said on Thursday, as the company shifts its focus to Asia.

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"At the moment, VinFast is not planning to boost sales in the United States, Canada, and the European Union due to high logistics fee," he added.

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Category: EconomyBusiness

Markets: SingaporeCanadaIndiaIndonesiaPhilippinesUnited StatesVietnam

Topics: Indonesia Thursday Vinfast India Chief Focus October 2025 Plans Company Sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 11:06:15 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 301 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 28182252

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Official Website: channelnewsasia.com

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