Foxconn in talks with Vietnam's Vinfast on electric cars

An employee assembles a ventilator on the production line at the Vinsmart factory, operated by Vingroup JSC, in Hanoi, Vietnam. - Bloomberg

TAIPEI/HANOI: Taiwan's Foxconn is in early stage talks with Vietnamese carmaker VinFast about partnering in electric vehicles, two sources familiar with the matter told Reuters.

Foxconn has proposed acquiring VinFast's EV production lines, the sources said, speaking on condition of anonymity as they were not authorised to speak to the media.