Several Vietnamese banks agree to finance EV purchases
July 22, 2024 | 19:58
Chinese EV giant BYD has agreed a deal with VPBank, BIDV, and VietinBank to provide financing solutions for its Vietnamese customers.
Raft of Chinese electric vehicle groups expand into Vietnam
July 19, 2024 | 15:11
Many Chinese brands have unveiled electric vehicles in Vietnam but charging infrastructure remains a significant concern for buyers.
VinFast seeks $250 million loan from Indonesian banks for Subang Assembly plant
July 12, 2024 | 09:30
VinFast is seeking a loan of approximately $250 million from Indonesian banks to construct an assembly plant in Subang.
Vietnam remains focused on EVs for sustainable growth
May 10, 2024 | 16:36
A recent HSBC report indicates Vietnam is prioritising EVs as a key driver of sustainable economic growth.
Hyundai to invest more than $50 bn in South Korea in major EV push
March 29, 2024 | 11:26
Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles.
VinFast sets sights on 100,000 EVs in 2024
February 29, 2024 | 10:37
The domestic EV manufacturer has huge ambitions.
VinFast targets family offices, eyes alternative assets for growth
February 22, 2024 | 16:40
VinFast is courting alternative investment avenues.
VinFast and GSM announce $2.1 billion investment for Indonesia
January 15, 2024 | 17:29
VinFast and GSM have announced a combined investment of $2.1 billion for Indonesia, marking a major step in their global EV expansion.
China's Evergrande says head of EV arm detained
January 08, 2024 | 14:18
The head of heavily indebted Chinese property developer Evergrande's electric vehicle unit has been detained, the firm said Monday, the second executive from the company to come under investigation in recent months.
Vingroup’s billionaire founder gifts VinES to VinFast
October 12, 2023 | 11:53
Vingroup's tycoon, Pham Nhat Vuong, has transferred a major stake in Vin Energy Solutions (VinES) to boost VinFast's electric ambitions.
VinFast eyes Europe expansion amid potential EU tariffs on Chinese EVs
September 21, 2023 | 18:59
VinFast targets European growth as EU considers tariffs on Chinese EVs.
VinFast sets sights on Indonesia with $1.2 billion expansion
September 13, 2023 | 17:45
VinFast pursues Asian expansion with a $1.2 billion foray into the Indonesian market.
VinFast targets break-even point in 2024
August 18, 2023 | 11:25
Amidst the many players entering the electric vehicle (EV) market to take advantage of the green trend, VinFast is competing confidently.
Yadea Vietnam commits $100 million for EV plant
August 16, 2023 | 18:35
Yadea Vietnam is set to bolster the Vietnamese electric motorcycle market with a $100 million investment in an advanced production facility in Bac Giang.
VinFast's Nasdaq debut boosts Pham Nhat Vuong's wealth
August 16, 2023 | 15:48
VinFast's historic Nasdaq listing saw a surge in billionaire Pham Nhat Vuong's net worth, propelling him onto the list of the world's top 30 billionaires.
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