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.
dfc mulls 500 million loan to vinfast for lithium ion battery facility

DFC mulls $500 million loan to VinFast for lithium-ion battery facility

On December 3, the United States International Development Financial Corporation (DFC) and VinFast Auto (Nasdaq: VFS) signed a letter of Interest (LOI) to consider a formal application by VinFast for a $500 million loan to establish a lithium-ion battery manufacturing facility in Vietnam.
vinfast wins at better choice awards 2023

VinFast wins at Better Choice Awards 2023

The VinFast VF6 and VF9 have been honoured as Popular Car for Families and Trend-Leading Car in the Better Choice Awards 2023 at the Vietnam International Innovation Exhibition 2023, hosted by the Vietnamese Ministry of Planning and Investment (MPI).
ev battery infrastructure gains interest from suppliers

EV battery infrastructure gains interest from suppliers

High demand and the work of VinFast and VinES are helping to ensure Vietnam becomes a regional battery manufacturing hub for electric vehicles.
vinfast inks deal with yorkville for up to 1 billion

VinFast inks deal with Yorkville for up to $1 billion

On October 20, VinFast Auto Ltd. entered into a standby equity subscription agreement of up to $1 billion with the US-based fund Yorkville Advisors to fund its overseas expansion.
vingroups billionaire founder gifts vines to vinfast

Vingroup’s billionaire founder gifts VinES to VinFast

VinFast announced on October 11 that its billionaire founder, Pham Nhat Vuong, has transferred it 99.8 per cent of his stake in Vin Energy Solutions (VinES).
expansive us market proving pivotal for strong growth potential

Expansive US market proving pivotal for strong growth potential

Vietnam and the United States are fortifying their economic ties through mutual investments, reflecting a shared interest in each other’s robust growth potential.
vinfast reports 3878 million loss in q2 amid improved revenues

VinFast reports $387.8 million loss in Q2, amid improved revenues

VinFast Auto Ltd., a subsidiary of Vingroup JSC, and Vietnam’s leading electric automotive manufacturer, reported losses in Q2 despite high revenue growth.
vinfast eyes europe expansion amid potential eu tariffs on chinese evs

VinFast eyes Europe expansion amid potential EU tariffs on Chinese EVs

VinFast, the Vietnamese electric vehicle (EV) manufacturer, is gearing up to expand its footprint in EU, capitalising on potential shifts in market dynamics.