Vingroup said that it is willing to take risks, even trade-off some short-term economic benefits to concentrate all its resources on automobile project VinFast.
VinFast has just debuted images of exterior design of its first two car models, which fuels the hope that Vietnam will soon have made-in-Vietnam cars not only targeted to domestic market but also exported to international markets.
Vingroup's business sectors including real estate, retail, hospitality, education and health services achieved strong growth in the second quarter of 2018.
VinFast has been developing at an express speed, which is exactly what Chairman of Vingroup Pham Nhat Vuong expected at the "fateful" meeting with Vo Quang Hue when he was still a managing director of Bosch Vietnam.
VinFast's first electric motorbikes set to be rolled out late this year promise to bring a breakthrough to the domestic electric motorbike market.
BQ – the leading European technology company and VinSmart Company – a member of Vingroup have inked a comprehensive cooperation agreement to promote the production of Vsmart-branded smartphones following international standards.
Despite the humble market share of Chevrolet, GM's car sales have been growing well in recent years thanks to its widespread distribution with 22 dealers nationwide, which will play crucial element to help VinFast form an auto sales and service network in its fledgling period of operation.
General Motors (GM) and VinFast, a subsidiary of leading Vietnamese corporation, Vingroup has just announced a landmark strategic partnership agreement, which will drive long-term growth and expansion for GM’s Chevrolet brand and VinFast in Vietnam.
VinFast has successfully caught the eyes of many reputable investors making them willing to supply parts, components and accessories for VinFast at their Suppliers Workshop held recently in Frankfurt, Germany.
The two cars are designed by Pininfarina under a $5 million contract to develop and manufacture cars following intellectual property rights acquired from BMW.
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