vietnams electric car market expected to blossom in 2022

Vietnam’s electric car market expected to blossom in 2022

The debut of new electric car models of various automakers heralds a prosperous year for Vietnam's electric vehicle market.
vinfast to include navigation system across full lineup

VinFast to include navigation system across full lineup

VinFast is set to become the first all-electric carmaker to integrate what3words navigation across its entire lineup, announced the company on January 10.
vinfast led a 80 million funding round in israel based fast charge ev battery startup storedot

VinFast led a $80 million funding round in Israel-based fast charge EV battery startup StoreDot

A coalition of international investors, including VinFast of Vingroup, has funded $80 million in StoreDot, an innovative firm that builds fast-charging electric car batteries.
vingroup to issue international bonds to raise 15 billion for vinfast

Vingroup to issue international bonds to raise $1.5 billion for VinFast

Vietnam-based conglomerate Vingroup has expressed interest in raising $1.5 billion via international bonds next year for its vehicle division VinFast.
vinfast opens us headquarters in los angeles

VinFast opens US headquarters in Los Angeles

Vietnamese automaker VinFast announced that it will officially open its new US headquarters in Los Angeles following the company's initial $200 million investment in California.
vinfast to inject 200 million to set up headquarters in california

VinFast to inject $200 million to set up headquarters in California

Vietnamese electric vehicle manufacturer VinFast announced that it would invest more than $200 million to debut in North America with the establishment of a headquarters in California.
timing right for ambitious electric vehicle takeover

Timing right for ambitious electric vehicle takeover

Electric vehicles are seemingly an irreversible trend in the automobile industry, and are expected to grow strongly across the world. With that, manufacturers in Vietnam are setting out ambitions to take their chances in the market – but inferior battery infrastructure and a lack of mechanisms to encourage consumers and support businesses will be urgently required first.
lack of novelty may hinder ipo ambitions

Lack of novelty may hinder IPO ambitions

Vietnamese e-commerce holding company Society Pass has announced its intention to raise millions of US dollars from an initial public offering in the United States – but it remains unclear how a company with little success can achieve this goal ahead of e-commerce’s big hitters.
vietnam eyes 324 per cent jump in outbound investment so far this year

Vietnam eyes 32.4 per cent jump in outbound investment so far this year

According to the latest statistics by the Ministry of Planning and Investment, in the first nine months of this year, Vietnam pumped $572.3 million of total investment into new and supplemental capital ventures abroad, a 32.4 per cent jump on-year.
will vinfast break into indonesia

Will VinFast break into Indonesia?

VinFast of Vingroup is allegedly preparing to penetrate the Indonesian automobile market.
vinfast and gotion high tech to co operate on lfp battery sourcing and production

VinFast and Gotion High-tech to co-operate on LFP battery sourcing and production

Automotive manufacturer VinFast and Gotion High-tech Co., Ltd. (China), a leading clean energy group, signed an MoU on the procurement of Gotion lithium iron phosphate (LFP) batteries. The two parties will also discuss the possibility to establishing an LFP battery factory in Vietnam.
vingroup to sell 3 per cent stake in vinhomes to further invest in vinfast

Vingroup to sell 3 per cent stake in Vinhomes to further invest in VinFast

Vingroup (HSX: VIC) has registered selling a little more than 100 million shares of its giant property arm Vinhomes JSC (HSX: VHM).
vingroup to establish vines and vinai to invest in batteries accumulators and ai

Vingroup to establish VinES and VinAI to invest in batteries, accumulators, and AI

Vingroup (HSX: VIC), Vietnam’s largest conglomerate, has just established two subsidiaries, VinES Energy Solutions JSC (VinES) and VinAI - Artificial Intelligence Research JSC (VinAI), in a bid to diversify the group’s high-tech investment.
ministry of finance proposes registration fee cut for electric cars

Ministry of Finance proposes registration fee cut for electric cars

The Ministry of Finance proposed halving the registration fee of electric cars compared to petrol cars.
michael lohscheller appointed as ceo of vinfast global

Michael Lohscheller appointed as CEO of VinFast Global

Vietnam’s conglomerate VinGroup announced on July 27 that it has appointed Michael Lohscheller as CEO of its automotive division VinFast Global.