Indonesia President visits VinFast EV manufacturing complex in Hai Phong
Indonesian President Joko Widodo on January 13 made a field trip to VinFast electric vehicle manufacturing complex in the northern port city of Hai Phong as part of his state visit to Vietnam.
After visiting the electric automobile manufacturing factory in Hai Phong, the Indonesian President pledges to create conditions for VinFast to complete procedures to invest and do business in the Indonesian market. (Photo: VNA)
Hai Phong (VNA) – Indonesian President JokoWidodo on January 13 made a field trip to VinFast electric vehiclemanufacturing complex in the northern port city of Hai Phong as part of hisstate visit to Vietnam.
After visiting the electric automobile manufacturing factorythere, the President pledged to create conditions for VinFast, asubsidiary of private conglomerate Vingroup, to complete procedures to invest and do business in theIndonesian market.
Earlier, the EV maker said it plans to invest at least1.2 billion USD in Indonesia in the long-term. Apart from distributing importedcars from Vietnam in the first phase, VinFast will build a 200-million-USD EVfactory in the country with an expected annual capacity of 30,000- 50,000 vehicles.
Earlier the same day in Hanoi, President Widodo andPrime Minister Pham Minh Chinh met with representatives of businesses operatingin the respective markets, where they were reported that VinFast and GSM, whichoffers VinFast electric car and motorbike rental and taxi services, and PT GoToGojek Tokopedia Tbk, an Indonesian technology company, have signed a MoU aimingto promote green transport in Indonesia.
GSM is also planning to invest 900 million USD in Indonesia in the coming time./.
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After visiting the electric automobile manufacturing factory in Hai Phong, the Indonesian President pledges to create conditions for VinFast to complete procedures to invest and do business in the Indonesian market. (Photo: VNA) 
