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

VinFast has entered into a standby equity subscription agreement with US-based fund Yorkville Advisors.
Vingroup’s billionaire founder gifts VinES to VinFast

Vingroup’s billionaire founder gifts VinES to VinFast

Vingroup's tycoon, Pham Nhat Vuong, has transferred a major stake in Vin Energy Solutions (VinES) to boost VinFast's electric ambitions.
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 $387.8 million loss in Q2, amid improved revenues

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

VinFast reported progress towards profitability in Q2.
VinFast eyes Europe expansion amid potential EU tariffs on Chinese EVs

VinFast eyes Europe expansion amid potential EU tariffs on Chinese EVs

VinFast targets European growth as EU considers tariffs on Chinese EVs.
VinFast sets sights on Indonesia with $1.2 billion expansion

VinFast sets sights on Indonesia with $1.2 billion expansion

VinFast pursues Asian expansion with a $1.2 billion foray into the Indonesian market.
Be Group working with VinFast and Cake by VPBank to promote EV use

Be Group working with VinFast and Cake by VPBank to promote EV use

Be Group has signed a cooperation agreement with VinFast and Cake by VPBank to encourage its motorbike drivers to switch to EVs.
EV charging stations enticing for investors

EV charging stations enticing for investors

As electric vehicles become more popular, developing charging stations and equipment is a promising area for investment.
VinFast to attend global EV show in Canada

VinFast to attend global EV show in Canada

VinFast, Vietnam’s first electric vehicle (EV) maker, has announced it will attend the 2023 Fully Charged Live show, held for the first time in Canada from September 8-10.
VinFast makes its move to disrupt e-vehicle industry

VinFast makes its move to disrupt e-vehicle industry

With VinFast’s debut on the Nasdaq catapulting the Vietnamese e-vehicle company onto the global stage, experts noted that a well-defined strategic approach ahead could help it maintain some momentum.
GSM expands e-taxi service with motorbike deployment

GSM expands e-taxi service with motorbike deployment

VinFast has launched an e-bike ride-hailing service, hot on the heels of Gojek and Grab also setting up similar offerings.
Chinese battery firm Gotion invests $150 million in VinFast

Chinese battery firm Gotion invests $150 million in VinFast

Gotion, a prominent Chinese battery manufacturer, has just announced its intention to purchase 15 million shares in VinFast at a price of $10 per share.
VinFast targets break-even point in 2024

VinFast targets break-even point in 2024

Amidst the many players entering the electric vehicle (EV) market to take advantage of the green trend, VinFast is competing confidently.
VinFast's Nasdaq debut boosts Pham Nhat Vuong's wealth

VinFast's Nasdaq debut boosts Pham Nhat Vuong's wealth

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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