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.
vinfast to hold groundbreaking ceremony for integrated ev facility in india

VinFast to hold groundbreaking ceremony for integrated EV facility in India

VinFast Auto announced on Wednesday that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu, India on February 25.
vinfast sets wheels in motion in indonesia

VinFast sets wheels in motion in Indonesia

VinFast, the Vietnamese electric vehicle (EV) manufacturing arm of Vingroup, announced the signing of a partnership with its first five dealerships in Indonesia on February 16, as part of the 2024 International Indonesia Motor Show.
positivity and cooperation can boost nations innovation

Positivity and cooperation can boost nation’s innovation

Reflecting on his extensive journey in the automotive industry, Vo Quang Hue is set to release a book this year, recalling his experiences in various renowned corporations across countries.
vinfast and gsm announce 21 billion investment for indonesia

VinFast and GSM announce $2.1 billion investment for Indonesia

VinFast and Green and Smart Mobility Corporation (GSM) have forged a groundbreaking alliance with GoTo Gojek Tokopedia of Indonesia.
vinfast makes foray into india with ev manufacturing facility

VinFast makes foray into India with EV manufacturing facility

On January 6, VinFast announced its official foray into India by forming a landmark partnership with the Tamil Nadu state government in a MoU to charge the development of green transportation in the country.
vinfast plans first ev factory in india

VinFast plans first EV factory in India

Vietnamese carmaker VinFast said it will build its first electric vehicle factory in India as part of a planned $2 billion investment, as it looks to expand into the rapidly growing market.