Marcos welcomes Vingroup interest

by Kristina Maralit - Jenica Faye Garcia

Jan 31, 2024 12:49 am

HANOI: President Ferdinand Marcos Jr. on Monday welcomed the possible entry of Vietnam's Vingroup Co., which he said was looking at battery or electric vehicle investments in the Philippines.

'They want to enter the Philippines because they are interested [in producing] batteries, which is a very important technology today. They also want to bring [in] EVs or electric vehicles,' he said in a meeting with the Filipino community in Vietnam.

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