vinfast makes its move to disrupt e vehicle industry

VinFast makes its move to disrupt e-vehicle industry

With VinFast’s debut on the Nasdaq catapulting the Vietnamese e-vehicle company onto the global stage, experts noted that a well-defined strategic approach ahead could help it maintain some momentum.
gsm expands e taxi service with motorbike deployment

GSM expands e-taxi service with motorbike deployment

VinFast has launched an e-bike ride-hailing service, hot on the heels of Gojek and Grab also setting up similar offerings.
chinese battery firm gotion invests 150 million in vinfast

Chinese battery firm Gotion invests $150 million in VinFast

Chinese battery manufacturer Gotion Inc. has agreed to acquire 15 million ordinary shares of VinFast through a private issuance valuing the shares at $10 apiece, with an investment totalling $150 million, representing 0.7 per cent of VinFast's total equity.
vinfast targets break even point in 2024

VinFast targets break-even point in 2024

Amidst the many players entering the electric vehicle (EV) market to take advantage of the green trend, VinFast confidently competes thanks to its production capacity, competitiveness, and diverse product range.
vinfasts nasdaq debut boosts pham nhat vuongs wealth

VinFast's Nasdaq debut boosts Pham Nhat Vuong's wealth

VinFast, the automotive member of Vingroup, wrote history on August 15, 2023, as it celebrated its official listing on the Nasdaq Stock Market, a momentous achievement marking the culmination of its merger with Black Spade Acquisition Co., a special purpose acquisition company (SPAC). The stock is trading under the ticker, VFS.
vinfast makes its debut on nasdaq

VinFast makes its debut on Nasdaq

On August 15, VinFast Auto Ltd. made its debut on the Nasdaq Global Market to trade its shares under the ticker symbol VFS, boasting an equity value of over $23 billion.
vingroups revenues see a soar in the second quarter of 2023

Vingroup’s revenues see a soar in the second quarter of 2023

Vingroup reported a revenue increase in the first half of 2023 thanks to the contribution from the sale of electric vehicle products.
ev maker vinfast to list in us in august

EV maker VinFast to list in US in August

VinFast will list in the United States via a merger with a blank-cheque company after the Securities and Exchange Commission greenlit its proposed business combination.
vinfast to break ground on its ev factory in the us next week

VinFast to break ground on its EV factory in the US next week

Vietnamese automaker VinFast will hold a groundbreaking ceremony for its electric vehicle (EV) factory in North Carolina on July 28.
southeast asias ev market primed for growth

Southeast Asia's EV market primed for growth

Southeast Asia's electric vehicle (EV) sector, led by both foreign and local manufacturers such as Wuling, Volvo, and VinFast, is poised for significant growth, with a rising demand for supporting infrastructure, increasing investments, government incentives, and a potential leadership role in the global lithium-ion battery supply chain.
nasdaq commits to supporting vietnamese businesses

Nasdaq commits to supporting Vietnamese businesses

Nasdaq has pledged to support Vietnamese enterprises as VinFast gears up for its highly anticipated listing, signalling a significant milestone for the nation's automotive industry that is set to attract global investor interest.
vinfast accelerates green mobility revolution

VinFast accelerates green mobility revolution

VinFast is making waves in the automotive industry with its ambitious goals and commitment to green mobility. In a recent speech at the Vietnam-Korea Economic Forum 2023, a VinFast representative shared insights into the company's operations and plans.
vinfast plans merger with black spade amid revenue contraction

VinFast plans merger with Black Spade amid revenue contraction

VinFast, a prominent Vietnamese automotive manufacturer and a subsidiary of Vingroup, is strategically advancing its merger plans with Black Spade Acquisition Co, aiming for completion by July.
vinfast launches mini electric car for mass market

VinFast launches mini electric car for mass market

VinFast officially launched the VF 3, a mini electric car model designed specifically for the Vietnamese market.
tough journey is just starting for vinfast

Tough journey is just starting for VinFast

VinFast’s move to list in the US demonstrates its determination to position itself as a contender in the rapidly evolving electric vehicle industry. Marc Iyeki, former head of Asia-Pacific Listings at the New York Stock Exchange, gave VIR’s Luu Huong his insight on the ambitious overseas listing.