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The Nexus
BUSINESSJul 29 · 09:24 UTCWTOP DCWTOP Staff

Vietnam’s biggest company, Vingroup, expands overseas as its home market slows

Vietnam’s largest company, Vingroup, is expanding into global markets with projects in Uzbekistan, India, Congo, and Germany as domestic real estate profits decline and its electric vehicle subsidiary, VinFast, faces losses. The company aims to fund its ambitions in electric vehicles, AI, and robotics through overseas ventures, aligning with Vietnam’s economic strategy to become Asia’s next tiger economy.

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