Vietnam's VinFast to make over $200m capital investment in California

Vietnam's VinFast to make over $200m capital investment in California

Laborers work in VinFast's factory in Hai Phong City, Vietnam, April 22, 2021. REUTERS/Thanh Hue

Vietnamese automaker VinFast said on Friday it will make over $200 million in capital investments and place its U.S. headquarter in California as part of its plan to expand operation in North America.