Hanoi, Dec. 5 -- VinFast and the government of India's Tamil Nadu state signed a memorandum of understanding (MoU) to allocate approximately 200 hectares of land in the SIPCOT Industrial Park in Thoothukudi city to support the development of the company's existing facility.

This milestone provides an opportunity for VinFast to broaden its product portfolio from electric cars to electric buses, e-scooters and charging infrastructure, while reaffirming the company's long-term commitment to the world's third largest automotive market.

Under the MoU, the government of Tamil Nadu will allocate approximately 200 hectares of land adjacent to VinFast's existing facility in Thoothukudi. The state will also provide support in securing required pe...