Vietnam carmaker Vinfast says buys GM Holden's testing center​



HANOI (Reuters) - Vietnam's first domestic car manufacturer, Vinfast, said on Wednesday it had bought GM Holden's Lang Lang Testing Centre in Australia, as part of its efforts to expand internationally.

Vinfast, a unit of Vietnam's largest conglomerate Vingroup JSC <VIC.HM>, did not give the value of the deal.

The purchase of the 872 hectares (2,155 acres) testing centre in the Australian state of Victoria followed the company's move to open a research and development centre in Melbourne in June.

 

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