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.
vingroup launches electric vehicle charging station company

Vingroup launches electric vehicle charging station company

Vingroup's V-Green Charging Stations Company aims to invest over $415 million in the next two years in new outlets and upgrading the charging network.
vinfast broadens pursuit to rule evs

VinFast broadens pursuit to rule EVs

VinFast is building on advances made in 2023 by strategically expanding into markets such as India, Indonesia, and Oman.
whats behind vinfasts investment ambitions in india

What’s behind VinFast’s investment ambitions in India?

VinFast’s decision to open a manufacturing plant in India as a strategic manoeuvre that not only leverages the potential of a burgeoning electric vehicle market but also positions the company favourably against future competitors.
vinfast sets sights on 100000 evs in 2024

VinFast sets sights on 100,000 EVs in 2024

VinFast, the Vietnamese electric vehicle (EV) manufacturer, has set an ambitious target of selling 100,000 EVs in 2024, following the announcement of its Q4/2023 financial statements in mid-February. This announcement was made by VinFast's chairwoman of the Board of Directors Le Thi Thu Thuy.
construction starts on vinfasts 500 million ev factory in india

Construction starts on Vinfast's $500 million EV factory in India

VinFast broke ground on its first integrated electric vehicle (EV) manufacturing facility in the state of Tamil Nadu, India, on February 25.
vinfast targets family offices eyes alternative assets for growth

VinFast targets family offices, eyes alternative assets for growth

VinFast, the electric vehicle (EV) arm of Vietnam's Vingroup, is actively courting family offices and the alternative assets sector in an effort to diversify its investment base, according to DealStreetAsia.