On March 28, Luong Thanh Tung, vice chairman of the board of directors of Vietnam Investment Group GELEX, revealed at the shareholders' meeting that after long-term negotiations, BYD decided to build an electric vehicle factory in Phu Ha Industrial Park in Vietnam's Phu Tho Province operated by GelEx's industrial park developer Viglacera. “Viglacera has reserved 100 hectares of commercial land.” Luong Thanh Tung said that “due to strategic changes and the slowing down of the electric vehicle market,” it is currently impossible to start construction of the plant, and the two sides are looking for the right time to launch the project.
越南方面称比亚迪已敲定电动汽车工厂选址，但放缓建厂计划
The Vietnamese side says BYD has finalized the site selection for the electric vehicle factory, but is slowing down the plant construction plan
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.