Vingroup eyes Batangas for $500-M plant

MANILA, Philippines — Batangas has emerged as the “preferred” location for Vingroup’s planned $500-million electric vehicle (EV) factory in the Philippines, which would mark the Vietnamese conglomerate’s entry into local automotive manufacturing. Trade Secretary Cristina Roque said Vingroup was actively scouting economic zones in Batangas for a manufacturing facility spanning at least 300 hectares, with the