VinGroup Corporation announced that it has established a new subsidiary, VinMetal Joint Stock Company for Manufacturing and Trading, focused on producing steel mainly for the construction, transportation infrastructure, and automotive sectors. The Vietnamese conglomerate, which owns the country’s largest vehicle manufacturer, VinFast Auto, confirmed that the new company was launched with an initial investment of VND 10 trillion (US$ 380 million). VinMetal plans to build a high-tech steel production comple ...