“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.
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.
The assistance will support Vietnam’s efforts to achieve net-zero greenhouse gas emissions, and expand high-tech manufacturing industries.
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.
The Vietnamese auto maker also sold 50,000 electric bikes last year.
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.
1,500 VinFast Fadil cars will be available through FastGo services for customers to experience in the coming months.
VinFast customers have enjoyed a memorable car handover this morning when they were hand-on with the final touch to finish their new car off, ready to roll out of the factory unit in excitement.
Fitch Ratings has withdrawn the ratings on Vingroup JSC.
Automobile manufacturer VinFast, a member of Vietnam’s largest private enterprise Vingroup, has been put into operation today in Haiphong, ready for mass production of it cars three months earlier than the initial schedule.
