New alliance pushes ESG standards for Vietnamese businesses
A new partnership between EY and the Vietnam-Singapore Board Forum (VSBF) is set to strengthen ESG capabilities for Vietnamese businesses, helping shape more sustainable business models.
The Vietnamese auto maker also sold 50,000 electric bikes last year.
VinFast has announced that it received orders for 17,214 cars last year for three models, namely Fadil, Lux A2.0 and Lux SA2.0. During the year, it produced 15,300 cars.
The company plans to add two crossover models in 2020 in addition to special deluxe version Lux SA V8.
VinFast will also launch electric buses to fully cover all market segments and beyond 2021 it expects to export electric cars to the American market.
On the safety issue, both Lux A2.0 and Lux SA2.0 models achieved 5-star certificate from ASEAN NCAP - a prestigious automobile safety rating program, while Fadil achieved a 4-star certificate.
Since it lauched the first Klara in November 2018, VinFast has added three other electric scooter models namely Ludo, Impes and Klara S.
Across last year, VinFast had received orders for 50,000 electric scooters last year and it was able to produce 45,118 e-scooters.
Nguyen Viet Quang, Vingroup vice president and CEO said: “VinFast is determined to produce high-quality and top-class Vietnamese brand vehicles, which will be able to fairly compete with other international producers.”
Currently, all VinFast’s electric motorbikes and cars are produced in a 335-hectare production complex in Haiphong city.
The complex is designed with total cacapity of 250,000 cars and 500,000 bikes a year.
A new partnership between EY and the Vietnam-Singapore Board Forum (VSBF) is set to strengthen ESG capabilities for Vietnamese businesses, helping shape more sustainable business models.
With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.
Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.
Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.
Amid global economic volatility, WHA Group has rapidly rolled out multiple expansion projects in Vietnam, signaling its strategic focus on the country.
Hai Phong Port JSC. has inaugurated international container terminals No. 3 and 4 at Lach Huyen, raising its throughput capacity to 3.5 million TEUs per year.