But Vietnam’s once sizzling property market is cooling, while its electric vehicle company VinFast is losing money. As opportunities for large developments at home become harder to find, Vingroup, Vietnam’s largest privately owned company, is looking overseas to generate the money needed to fund its ambitions in EVs, artificial intelligence and robotics, industries central to Vietnam's goal of becoming Asia’s next tiger economy. Vingroup’s electric vehicle factory in the southern Indian state of Tamil Nadu leads its investments in India. Vingroup and Ghana's Jospong Group are distributing cars, scooters, bikes and buses made by its electric vehicle arm Vinfast across West Africa. In Ghana, he noted, there is limited competition from Chinese electric vehicle makers.