Vietnam EV maker VinFast to shift HQ to Singapore ahead of first exports


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Vietnam's VinFast is shifting its headquarters to Singapore as the fledgling electric vehicle (EV) maker readies for a potential public listing and the first production run of cars for U.S. and European markets, its chief executive told Reuters.

The three-year-old unit of conglomerate Vingroup JSC VIC.HM will start building its VF8 sport utility vehicle (SUV) next week, its own EV batteries in August, and a $4 billion U.S. factory by summer-end, Le Thi Thu Thuy said in an interview.

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