The Vinfast automobile project has an express speed, which surprised people having specialist knowledge in this industry. I was also surprised by the vigorous spirit of Vingroup and the creative colleagues at Vinfast.
VinFast Manufacturing and Trading Co., Ltd, Vingroup’s subsidiary entered the US$5 million contract of two sedan and SUV car models with Pininfarina while announcing plans to buy intellectual property rights from BMW to develop the designs.
After a 14-day poll, the contest "Selection of your own cars", which attracted two million visitors, nearly 62,000 participants and collected over 10,000 comments, has found the most favorite Sedan and SUV (sport utility vehicle) designs.
Vingroup and Bosch has just signed a Memorandum of Understanding (MoU), marking a critical milestone in the cooperation on car and e-scooter factory project.
According to VinFast manufacturing and trade Ltd company- an affiliate of real estate developer Vingroup, its sedan and sport utility vehicle designs are created by four famous Italian car design firm, including Pininfarina, Zagato, Torino and ItalDesign and two sedan and SUV designs will be manufactured from selection of its potential customers.
Early this month, VinGroup kicked off its electric automobile and motorbike manufacturing complex named VinFast located in Dong Bai commune, Cat Hai district, Hai Phong city, officially entering into the local automobile production industry.
Vingroup has officially appointed James B.DeLuca – Former executive vice president - Global Manufacturing of General Motors – to be Genaral Director of VinFast,
Although some investors might concern and even question the prospect of the Vietnamese auto market, Vingroup decided to start a US$3.5 billion automobile assembly.
The plan to manufacture the first Viet branded cars of VinFast is raising controversies on the social media.
Ambition of the billionaire Pham Nhat Vuong in his schedule of investing the amount of US$3.5 billion in the VinFast automobile production firm has been debuted together with a flash of hope of made-in-Vietnam cars. Is it truly realistic?
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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