Many big European businesses revealed its expansion plan in Vietnam, showing that Vietnam plays a crucial part in their production and consumption markets.
VinFast has been developing at an express speed, which is exactly what Chairman of Vingroup Pham Nhat Vuong expected at the "fateful" meeting with Vo Quang Hue when he was still a managing director of Bosch Vietnam.
Eight leading multinational enterprises including Bosch, Canon, Datalogic, Denso, Ford, General Electric, Panasonic, and Toyota have joined a program supporting 45 Vietnamese businesses to get the chance of becoming their suppliers.
Bosch has just celebrated its 10th anniversary in Vietnam by investing €58 million (US$67 million) in its Gasoline Systems plant in Dong Nai to further strengthen its presence in the country.
Vingroup and Bosch has just signed a Memorandum of Understanding (MoU), marking a critical milestone in the cooperation on car and e-scooter factory project.
