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Jul
11th

Vinfast parent’s rapid expansion rattles investors

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Investors are reportedly becoming concerned at the rapid expansion of Vietnam's largest private conglomerate, Vingroup, parent of new automaker Vinfast, which last month opened a vehicle assembly plant in the northern port city of Haiphong after production of the first home grown Vietnamese vehicle, the Fadil, had started earlier in the month, just two years after production plans were first announced.
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