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Chery Bets $800M on Vietnam with Largest ASEAN Factory, Challenging VinFast and Toyota
EconomyEN
Chery Bets $800M on Vietnam with Largest ASEAN Factory, Challenging VinFast and Toyota

Chinese automaker Chery is investing $800 million to build its largest ASEAN factory in Vietnam, set to open in 2026. With a 200,000-unit capacity, it aims to challenge VinFast and Toyota.