VinFast
VinFast Emerges as a Promising Automotive Force in Vietnam, Attracting $1 Billion from Qatar
March 5, 2025 – According to a report by Reuters, Vietnamese conglomerate Vingroup has announced today that it has signed a memorandum of understanding (MoU) with private equity fund JTA Investment Qatar, outlining a planned investment of at least $1 billion (approximately 7.296 billion Chinese yuan) into its electric vehicle manufacturer, VinFast. VinFast, which is…
VinFast Unveils Four New EV Models, Eyes Taxi and Transportation Services Market
January 14, 2025 – According to a report by Vietnam’s VTC television station, Vietnamese automotive startup VinFast has unveiled four electric vehicle models targeted at taxi companies and other transportation service providers. The range includes a mini-car, a small SUV, a compact SUV, and an MPV. Here’s a roundup of the key specifications for each…
Vinfast Scales Back 2024 Delivery Outlook, Now Aiming for 80,000 Units
July 13, 2024 – In a recent announcement, Vietnamese automotive upstart Vinfast has revised its delivery projections for 2024, slashing the anticipated tally from an initial target of 100,000 units to a more modest 80,000. This strategic adjustment underscores the company’s commitment to realistic targets amidst a dynamic market landscape. Delving into the performance metrics,…
VinFast Accelerates $4 Billion US Manufacturing Project
September 11, 2023 – VinFast’s Ambitious Plans in the United States In the early months of this year, VinFast, the Vietnamese automotive manufacturer, made headlines when it announced a delay in the commencement of operations at its planned electric vehicle (EV) factory in the United States. Citing “procedural delays,” the company pushed back its timeline…