Business

VinFast speeds up recruitment of authorized dealers to launch first batch late this year

By Viet Hung July 24, 2018 | 01:48 AM GMT+7

VinFast's first electric motorbikes set to be rolled out late this year promise to bring a breakthrough to the domestic electric motorbike market.

According to the latest announcement of VinFast Manufacturing and Trading Co., Ltd. a subsidiary of Vingroup, from July 16 to August 30, 2018, the company is recruiting authorized agents to sell its electric motorbikes nationwide.

Businesses who wish to become VinFast’s authorized dealers have to satisfy conditions on location, shop space and relevant experience. For instance, locations must be on main roads or streets. Shops must have a minimum area of 200 square metres and facades of at least 10 metres in width.

The recruitment of authorized dealers for selling electric motorbikes is part of VinFast's nationwide distribution channel plan, aiming to market its first products by the end of 2018.

Once becoming authorized dealers of VinFast, businesses will be invested in accordance with five-star brand identity standards, bringing the synchronized and high-level experience to customers.

VinFast expects to cooperate with qualified businesses in the field of trading motorbike in Vietnam, as well as offer opportunities to business to develop and expand.

In September 2017, VinFast kicked off its automobile manufacturing factory project including an automobile and motorbike manufacturing complex, training and research centre.

Vinfast’s factory complex has the capacity design of manufacturing 250,000 cars and 500,000 electric motorbikes and cars a year. The firm targets to export cars in the period from 2020 to 2025.

VinFast’s goal is to become the leading automobile manufacturer in Southeast Asia with pivotal products using internal combustion engines, electric engines and environment-friendly electric motors.

It is expected that the VinFast will introduce its electric motorbikes in September 2018 and the first VinFast-branded automobiles including electric cars and gasoline cars by 2019 to 2020. 

Hulic, Indochina Kajima form joint venture for industrial projects in Vietnam

Hulic, Indochina Kajima form joint venture for industrial projects in Vietnam

Business -  1 month

Japan's Hulic Co. has entered a joint venture with Indochina Kajima to develop ready-built factory projects in Vietnam, as the country cements its position as a key manufacturing hub in Asia.

Menas set to launch four supermarkets

Menas set to launch four supermarkets

Business -  2 month

Menas has officially opened Mena Gourmet Market, a premium integrated supermarket located on the B1 floor of Menas Mall Saigon Airport, near Tan Son Nhat International Airport in Ho Chi Minh City.

T&T Group becomes strategic shareholder of Vietravel Airlines

T&T Group becomes strategic shareholder of Vietravel Airlines

Business -  2 month

T&T Airlines, T&T SuperPort, and BVIM Fund have acquired stakes in the tourism airline, marking a significant milestone in the company’s expansion.

V-GREEN and Prime Group to build 100,000 VinFast EV charging stations in Indonesia

V-GREEN and Prime Group to build 100,000 VinFast EV charging stations in Indonesia

Business -  2 month

V-GREEN and Prime Group have signed a memorandum of understanding to develop a network of charging stations for VinFast electric vehicles across Indonesia.

SVD-Group partners with Menas to bring Russian products to Vietnam

SVD-Group partners with Menas to bring Russian products to Vietnam

Business -  2 month

Menas Vietnam has signed a strategic memorandum of understanding with SVD-Group, marking a significant milestone in introducing premium Russian products to Vietnamese consumers.

Menas brings Da Lat agricultural products to Mena Gourmet Market

Menas brings Da Lat agricultural products to Mena Gourmet Market

Business -  2 month

Menas has recently signed a strategic partnership agreement with Ngoc Duy Group and Da Dream Farm to introduce high-quality agricultural products from Lam Dong province to the nationwide distribution network of Mena Gourmet Market.