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VinFast Will Increase Investment in Indonesia to up to $1 Billion, Executive Says

JAKARTA, Dec 15 : Vietnamese electric vehicle maker VinFast will increase its investment in Indonesia to up to $1 billion, its local unit chief executive told Reuters on Monday.The statement came after VinFast Indonesia inaugurated its first manufacturing plant in Indonesia on Monday with production capacity

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VinFast will increase investment in Indonesia to up to $1 billion, executive says

Read more about VinFast will increase investment in Indonesia to up to $1 billion, executive says on Devdiscourse

·India
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After 17 months of construction, VinFast, owned by billionaire Pham Nhat Vuong, officially put its electric vehicle factory in Subang (West Java) into operation, becoming the company's first factory in Indonesia and Southeast Asia outside of Vietnam.

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Devdiscourse broke the news in India on Monday, December 15, 2025.
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