vinfast plans to build a new factory in ha tinh

VinFast plans to build a new factory in Ha Tinh

VinFast plans to add a new completely knocked down (CKD) factory in the central province of Ha Tinh, focusing on VF 3 and VF 5 in response to increasing demand for affordable electric vehicles (EVs) and to improve production efficiencies.
vinfast receives 35 billion funding from vingroup and pham nhat vuong

VinFast receives $3.5 billion funding from Vingroup and Pham Nhat Vuong

Vingroup and its chairman Pham Nhat Vuong announced on November 12 a significant financial commitment to VinFast with total funding up to $3.5 billion.
vinfast ev sales hit over 51000 in vietnam

VinFast EV sales hit over 51,000 in Vietnam

VinFast announced on November 12 it delivered more than 11,000 electric vehicles (EVs) to domestic customers in October, bringing its total sales since the beginning of the year to over 51,000.
vinfast to secure 1 billion funding led by emirates driving company

VinFast to secure $1 billion funding led by Emirates Driving Company

VinFast Auto is expected to secure at least $1 billion in investments led by Emirates Driving Company (EDC), Abu Dhabi’s leading driver training and road safety institute, according to Bloomberg.
vinfast debuts brand in middle east

VinFast debuts brand in Middle East

VinFast Auto entered the Middle Eastern electric vehicle (EV) market on October 28 as part of its global expansion strategy.
vingroup establishes 150 million venture capital fund

Vingroup establishes $150 million venture capital fund

On October 28, Vingroup announced the launch of VinVentures, a capital fund managing assets worth $150 million, dedicated to supporting technology startups with transformative potential.
gotion to invest in lithium battery plant in ha tinh

Gotion to invest in lithium battery plant in Ha Tinh

Chinese battery manufacturer Gotion Inc. is to invest in an electricity storage device project in Vung Ang Economic Zone in the central province of Ha Tinh.
gsm enters ride hailing market with xanh sm bike platform

GSM enters ride-hailing market with Xanh SM Bike Platform

GSM has announced the launch of its Xanh (Green) SM Bike Platform specifically for VinFast electric motorcycles. The new platform will feature a competitive revenue-sharing policy, with drivers receiving the vast majority of each ride's revenue.
only thorough preparation can drive ipo fortunes in us

Only thorough preparation can drive IPO fortunes in US

The success of Vietnamese companies listing in the US hinges on early preparation, more structured capital deployment, and stronger support mechanisms, experts have pointed out.
vincom retail poised for growth

Vincom Retail poised for growth

Shophouse sales will continue to be a key driver of revenue growth for Vincom Retail JSC (VRE) for the remainder of 2024, according to a VNDirect Securities report from September 23.
raft of chinese electric vehicle groups expand into vietnam

Raft of Chinese electric vehicle groups expand into Vietnam

Many Chinese brands have unveiled electric vehicles in Vietnam but charging infrastructure remains a significant concern for buyers.
vinfast opens first three dealerships in the philippines

VinFast opens first three dealerships in the Philippines

Following its expansion into Indonesia and Thailand earlier this year, VinFast has launched in the Philippines.
construction starts on 200 million vinfast ev assembly plant in indonesia

Construction starts on $200 million VinFast EV assembly plant in Indonesia

VinFast officially broke ground on its new electric vehicle (EV) assembly plant in Subang, West Java, Indonesia, on July 15.
vinfast delivered 21800 cars in first half of 2024

VinFast delivered 21,800 cars in first half of 2024

VinFast, a Vietnamese electric vehicle (EV) manufacturer, is delaying the official launch of its North Carolina factory by four years.
vinfast seeks 250 million loan from indonesian banks for subang assembly plant

VinFast seeks $250 million loan from Indonesian banks for Subang Assembly plant

According to a report on July 10 by Bloomberg, VinFast, the Vietnamese electric vehicle (EV) manufacturer, is seeking a loan of approximately $250 million from Indonesian banks to construct an assembly plant in Subang.