The automobile division of Vietnam's largest business group, Vingroup, wants to get involved in the U.S. market. The group hopes its VinFast cars will be enough to take car buyers away from market leaders like Tesla and General Motors. VinFast is a recent arrival in automobile markets. It is ranked as the fifth biggest carmaker in Vietnam. VinFast’s chief is Nguyen Thi Van Anh. She told the Reuters news agency recently that the company plans to launch in North America and Europe in 2022. VinFast will join a large number of manufacturers seeking to compete with Tesla. Standing behind VinFast is Vingroup, Vietnam's biggest conglomerate, or multi-industry business group. VinGroup has interests in real estate, schools, hospitals, smartphones and other products. Even with such strong support, VinFast has difficult competition. Companies such as General Motors, Toyota and Volkswagen have spent tens of billions of dollars to develop electric and driverless vehicles. The company was established in 2017 with a team led by former General Motors officials.
Title: Vietnamese Carmaker to Enter US Electric Car Market
Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/C.wav' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='Vietnamese Carmaker to Enter US Electric Car Market' data-article-id='5624'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='12063'>The automobile division of Vietnam's largest business group, Vingroup, wants to get involved in the U.S. market.</span> <span data-start-time='12063' data-end-time='24750'>The group hopes its VinFast cars will be enough to take car buyers away from market leaders like Tesla and General Motors.</span> <span data-start-time='24750' data-end-time='30771'>VinFast is a recent arrival in automobile markets. </span> <span data-start-time='30771' data-end-time='35958'>It is ranked as the fifth biggest carmaker in Vietnam.</span> <span data-start-time='35958' data-end-time='41167'>VinFast’s chief is Nguyen Thi Van Anh. </span> <span data-start-time='41167' data-end-time='53313'>She told the Reuters news agency recently that the company plans to launch in North America and Europe in 2022. </span> <span data-start-time='53313' data-end-time='61917'>VinFast will join a large number of manufacturers seeking to compete with Tesla.</span> <span data-start-time='61917' data-end-time='72708'>Standing behind VinFast is Vingroup, Vietnam's biggest conglomerate, or multi-industry business group. </span> <span data-start-time='72708' data-end-time='82417'>VinGroup has interests in real estate, schools, hospitals, smartphones and other products.</span> <span data-start-time='82417' data-end-time='89250'>Even with such strong support, VinFast has difficult competition. </span> <span data-start-time='89250' data-end-time='103042'>Companies such as General Motors, Toyota and Volkswagen have spent tens of billions of dollars to develop electric and driverless vehicles.</span> <span data-start-time='103042' data-end-time='111958'>The company was established in 2017 with a team led by former General Motors officials.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/5059/C.jpeg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=17374 data-hint-location='41167' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/what_does_it_mean_to_launch.wav'>What does it mean to launch?</div><div class='choices' data-correct-choice='Start or set in motion (an activity or enterprise)'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/start_or_set_in_motion_an_activity_or_enterprise.wav'><span>Start or set in motion (an activity or enterprise)</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/continue_operating_under_new_management.wav'><span>Continue operating under new management</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/to_eat_a_meal_in_the_afternoon.wav'><span>To eat a meal in the afternoon</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/to_download_finances_to_the_cloud.wav'><span>To download finances to the cloud</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=17375 data-hint-location='103042' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/what_company_did_vinfast_previously_work_for.wav'>What company did VinFast previously work for?</div><div class='choices' data-correct-choice='General Motors'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/general_motors.wav'><span>General Motors</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/toyota.wav'><span>Toyota</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/jeep.wav'><span>Jeep</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/tesla.wav'><span>Tesla</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=17376 data-hint-location='30771' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/it_is_ranked_as_the_fifth_biggest_carmaker_in__blank_.wav'>It is ranked as the fifth biggest carmaker in <span class='blank'>Vietnam</span>.</div><div class='choices' data-correct-choice='Vietnam'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/vietnam.wav'><span>Vietnam</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/hungary.wav'><span>Hungary</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/china.wav'><span>China</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/5059/taiwan.wav'><span>Taiwan</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
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