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The first batch of VinFast Lux cars have shipped to 14 countries in four continents for quality and safety tests.

The first VinFast Lux cars have shipped to 14 countries in four continents for quality and safety tests.

The first batch of VinFast Lux cars have shipped to 14 countries in four continents for quality and safety tests.

The automobile industry, which is a high-tech industry, holds an important role to the industrial development of the country, Prime Minister Nguyen Xuan Phuc has said.

Vietnam’s first full-fledged carmaker has started trial runs in its Hai Phong factory, preparing to deliver preordered vehicles later this year.

Conglomerate VinGroup on March 4 launched its VinTech Korea Research in Gyeongsangbuk province’s Daegu city, the Republic of Korea, to study the application of Internet of Things (IoT) technologies, artificial intelligence, robotics, and smart manufacturing plants.

The VinFast Lux V8, the special edition of VinFast’s SUV Lux line, was on display at an international motor show which kicked off on March 4 in Geneva.

The VinFast Lux V8, the special edition of VinFast’s SUV Lux line, has been on display at the 2019 Geneva International Motor Show (GIMS) which kicked off on March 4.

The first VinFast cars will be tested in Europe on March 6 this year.

Minister of Agriculture and Rural Development Nguyen Xuan Cuong has said 2018 was a bumper year for both industry and trade – the biggest growth from previous years.

A delegation of the Workers’ Party of Korea, led by Vice Chairman Ri Su-yong visited Vingroup’s Vinfast factory in Hai Phong city on Feb. 27.

The Ministry of Industry and Trade (MoIT) will implement solutions to support and promote the automobile industry projects of companies such as Truong Hai Automobile Company (Thaco), Thanh Cong Group, VinFast and others.

The Gross Regional Domestic Product (GRDP) of the northern port city of Hai Phong is expected to grow 15.5 percent and its domestic budget collection is projected to exceed 26.3 trillion VND (1.1 billion USD) in 2019.

Vietnam will remain an attractive investment destination in 2019, though impacts of the US-China trade tension that triggered a downturn in global stock markets in 2018 will not end soon, said Managing Director and Chief Investment Officer of VinaCapital Andy Ho.

The Vietnam News Agency (VNA) looks back at the ten most prominent events of Vietnam in 2018.

Vietnam News Agency has selected 10 outstanding economic events of Vietnam in 2018 as follow:

Vietnam will remain an attractive investment destination in 2019, though impacts of the US-China trade tension that triggered a downturn in global stock markets in 2018 will not end soon, said Managing Director and Chief Investment Officer of VinaCapital Andy Ho.

The business community in Hai Phong has made great contributions to the northern port city’s development, said Chairman of the municipal People’s Committee Nguyen Van Tung.

The Vietnamese motorcycle market in 2018 broke its sales record set seven years ago with nearly 3.4 million units sold for a year-on-year increase of 3.5 percent.

Vietnam’s first car manufacturer VinFast, under Vingroup, presented the designs for its new line of vehicles named Premium, and officially launched a contest to select the public’s favourite designs on January 15.