Vietnamese electric vehicle (EV) startup VinFast plans to build an additional production facility in Vietnam.The new factory, located in the Ha Tinh province, is expected to produce 300,000 vehicles per year.VinFast aims to meet the growing demand in international markets and expects to begin operating the facility in July next year.The company has received substantial preorders for its VF3 model and has secured funding to sustain its operations and reach profitability.