EV maker VinFast to build second production plant in Vietnam

EV maker VinFast to build second production plant in Vietnam

FILE PHOTO: The production line of VinFast's factory is pictured in Hai Phong City, Vietnam, April 22, 2021. Picture taken April 22, 2021. REUTERS/Thanh Hue/File Photo

Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production plant that will double its output capacity, saying it is needed to meet increased demand for its small and mid-sized models.