raft of chinese electric vehicle groups expand into vietnam

Raft of Chinese electric vehicle groups expand into Vietnam

Many Chinese brands have unveiled electric vehicles in Vietnam but charging infrastructure remains a significant concern for buyers.
vinfast opens first three dealerships in the philippines

VinFast opens first three dealerships in the Philippines

Following its expansion into Indonesia and Thailand earlier this year, VinFast has launched in the Philippines.
construction starts on 200 million vinfast ev assembly plant in indonesia

Construction starts on $200 million VinFast EV assembly plant in Indonesia

VinFast officially broke ground on its new electric vehicle (EV) assembly plant in Subang, West Java, Indonesia, on July 15.
vinfast delivered 21800 cars in first half of 2024

VinFast delivered 21,800 cars in first half of 2024

VinFast, a Vietnamese electric vehicle (EV) manufacturer, is delaying the official launch of its North Carolina factory by four years.
vinfast seeks 250 million loan from indonesian banks for subang assembly plant

VinFast seeks $250 million loan from Indonesian banks for Subang Assembly plant

According to a report on July 10 by Bloomberg, VinFast, the Vietnamese electric vehicle (EV) manufacturer, is seeking a loan of approximately $250 million from Indonesian banks to construct an assembly plant in Subang.
vingroup establishes new company to trade in used evs

Vingroup establishes new company to trade in used EVs

Vingroup has launched a new company with a vision to develop the used electric vehicle market and offer VinFast owners peace of mind regarding resale value
vinfast spac merger worlds largest ma deal in 2023

VinFast SPAC merger world's largest M&A deal in 2023

The $23 billion reverse merger of VinFast Auto in Vietnam with a United States-based special purpose acquisition company (SPAC) was the world's largest merger and acquisition (M&A) deal in 2023, according to World Investment Report 2024
vinfast targets 2025 start in india and indonesia

VinFast targets 2025 start in India and Indonesia

VinFast has decided to accelerate the establishment of its manufacturing facilities in India and Indonesia to leverage attractive government incentives.
analog devices teams up with vinfast on ev solutions

Analog Devices teams up with VinFast on EV solutions

Analog Devices, Inc. (ADI), a global semiconductor leader, and VinFast, a leading Vietnamese electric vehicle (EV) manufacturer, have announced their partnership aimed at advancing Battery Management System (BMS) solutions for Electric Vehicles (EVs) and Energy Storage Systems (ESS).
vietnam remains focused on evs for sustainable growth

Vietnam remains focused on EVs for sustainable growth

According to a recent HSBC report, Vietnam is advancing its green energy transition rapidly while prioritising electric vehicles (EVs) as a key driver of sustainable economic growth.
vinfast to debut in the philippines market

VinFast to debut in the Philippines market

VinFast Auto will officially enter the Philippines electric vehicle market in late May 2024, with its diverse and smart green mobility solutions.
vinfast transforms business growth plan

VinFast transforms business growth plan

VinFast is expanding its global market presence by exploring carbon credits as a new revenue stream while advancing facilities to boost its international production capabilities.
vinfast to continue to grow

VinFast to continue to grow

Pham Nhat Vuong, chairman of Vingroup Corporation, announced he will provide an additional $1 billion in sponsorship for VinFast in the near future and devote all efforts to building the brand at the company's AGM on April 25 in Hanoi.
vinfast reports q1 revenue of 3026 million

VinFast reports Q1 revenue of $302.6 million

VinFast Auto Ltd. (Nasdaq: VFS) announced its unaudited financial results for Q1/2024 on April 17, with total revenues of $302.6 million, representing an on-year increase of just under 270 per cent.
vinfast expands into thailand

VinFast expands into Thailand

VinFast has signed an MoU with 15 Thai dealers at the 2024 Bangkok International Motor Show, taking place from March 27 to April 7.