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VinFast expands network despite losses

The gross loss of Vingroup’s electric vehicle brand VinFast saw an increase of 7.3 per cent last year when the company expanded its commercial footprint.

Vingroup to expand to Philippines this year

Vingroup’s electric vehicle brand VinFast will lead the way for Vingroup’s investments in the Philippines in 2024, beginning with electric car and motorcycle dealerships.

VinFast breaks ground on EV plant in North Carolina, greenlit to list in the US

VinFast has broken ground at its electric vehicle manufacturing site in North Carolina, marking a significant milestone toward its global expansion and the company’s supply chain development in North America.

Five lessons Vietnamese startups can learn from VinFast

“For VinFast, the vision was a better future—so the cars we design and create are just part of that bigger vision,” said VinFast’s Global CEO Le Thi Thu Thuy.

Private sector acts to protect environment

2022 marks the first year the revised Law on Environmental Protection (LEP) 2020 came into effect, and also the first year Vietnam has lots of drastic actions to realise its commitments to bring net emissions to zero at COP26.

EV maker VinFast gets $135 million from ADB-led green funding

The assistance will support Vietnam’s efforts to achieve net-zero greenhouse gas emissions, and expand high-tech manufacturing industries.

VinFast opens office in Australia

VinFast officially opened its office in Melbourne, Australia, aiming to research and develop new car models and lay the foundation for VinFast’s international expansion, towards realizing the vision of becoming a global automobile brand in the future.

VinFast sold 17,000 cars in a year

The Vietnamese auto maker also sold 50,000 electric bikes last year.

S&P revised Vingroup’s outlook to negative from stable

Vingroup’s leverage will likely remain elevated over the next 12-18 months, driven by its increasing debt-funded capital expenditure in the auto business.

Vingroup joins FastGo offering ride-sharing services on VinFast cars

1,500 VinFast Fadil cars will be available through FastGo services for customers to experience in the coming months.

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