VinFast, a car production arm of Vinh Group, Vietnam's real estate and retail giant, recently announced that it will sell its electric vehicles for 1 to 300 million dollars by the end of 2019. Vietnam Investment Review reported that it is planning to produce it in partnership with EDAG, a German company that supports development.
VinFast chose a model that was most popular in general voting in March of this year and is going to set a price that is competitive with other brands through a small hatchback.
It plans to produce two gasoline cars.
Source : http://www.vinahanin.com/vnnews/348541#0