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.
no braking for vinfast in quest for superiority

No braking for VinFast in quest for superiority

VinFast’s $23 billion entrance into the US stock market through a merger has sparked curiosity, as the carmaker aims for profitability and expansion into the regional and global stages.
chairman of vingroup highlights vinfasts path to profitability

Chairman of Vingroup highlights VinFast's path to profitability

During Vingroup’s annual shareholders' meeting on May 17, chairman of Vingroup Pham Nhat Vuong provided insights into the company's strategic roadmap and its journey towards profitability.
vinfast expands into southeast asian market

VinFast expands into Southeast Asian market

At the Future Mobility Asia 2023 event in Thailand, VinFast – the electric vehicle (EV) manufacturer from Vingroup – made a groundbreaking announcement, unveiling its expansion plans into the Southeast Asian market while maintaining its existing focus on North America and Europe.
climate bonds asean report diversification in green bond issuances

Climate Bonds' ASEAN report: diversification in green bond issuances

The release of the fifth edition of the Climate Bonds' ASEAN State of the Market report series marks a significant milestone in the analysis of green bonds and sustainable finance within ASEAN countries.
vinfast revs up for 23 billion spac merger and us stock market entry

VinFast revs up for $23 billion SPAC merger and US stock market entry

VinFast Auto Pte. Ltd. (VinFast), a manufacturer of electric vehicles (EVs) from the Vietnamese conglomerate Vingroup, and Black Spade Acquisition Co. (Black Spade) announced a momentous business merger agreement on May 12.
20 vietnamese firms seek opportunities in the us

20 Vietnamese firms seek opportunities in the US

20 Vietnamese businesses participated in the 2023 SelectUSA Investment Summit on May 4 to seek opportunities to invest or expand their operation in the United States.
green sm in pole position to take e taxi market share

Green SM in pole position to take e-taxi market share

A new e-taxi service that utilises VinFast vehicles is hoping to reach out to more localities by the end of 2023.
automotive giant to lead the push for electric taxis in vietnam

Automotive giant to lead the push for electric taxis in Vietnam

The participation of giants is leading the push for electric taxis in Vietnam which would reshape the taxi landscape towards more green transportation but the fares remain a decisive factor.
vietnamese electrical vehicles reach us customers

Vietnamese electrical vehicles reach US customers

Vietnamese electrical carmakers VinFast on March 1 delivered its first 45 VF 8 City Edition electric SUVs to US customers at nine California showrooms, marking its official entry into the US automobile market.
vietnam joins largest sme festival in berlin

Vietnam joins largest SME festival in Berlin

Four Vietnamese firms - Bamboo Airways, VinFast, Vietnam Airlines, and Vietin Bank - are joining the small- and medium-sized (SME) businesses’ day held by the German Association for Small and Medium-sized Businesses (BVMW) on March 1.
car sales on the decline after policy effects wear off

Car sales on the decline after policy effects wear off

After hitting record sales last year thanks to incentives and high demand, Vietnam’s car consumption his showing signs of slowing.
budget e vehicle plans could provide vinfast competition

Budget e-vehicle plans could provide VinFast competition

A new e-vehicle competitor to VinFast may be around the corner after a Chinese manufacturer agreed to team up with Vietnam’s TMT Motors to launch budget models.
predicting outcome of vinfast ipo plans

Predicting outcome of VinFast IPO plans

VinFast, the auto arm of Vingroup, has submitted documents for its first initial public offering on the Nasdaq. Kent Wong, legal committee chairman at the European Chamber of Commerce in Vietnam, discussed with VIR’s Luu Huong the feasibility and challenges of Vietnamese corporations when it comes to overseas listing.
vinfast receives corporate esg assessment from sustainalytics

VinFast receives corporate ESG assessment from sustainalytics

VinFast, Vietnam's first global electric vehicle manufacturer, has received an indicative Corporate Environmental, Social and Governance (ESG) Assessment from Morningstar Sustainalytics, a globally recognised research, ratings, and data firm.