Vietnamese billionaire Pham Nhat Vuong pledges nearly $2bn for Vinfast
This personal commitment will not impact the interests of Vingroup or its shareholders
This personal commitment will not impact the interests of Vingroup or its shareholders
This debut marked a significant milestone for VinFast in fostering green transport infrastructure expansion and improving EV prevalence
The dealership looks to sell 264 cars in its first year
VinFast overcame its international rivals Toyota, Ford, Honda, Kia, and Mitsubishi
They will depart from Hanoi on Tuesday and return to Vietnam on November 5
The plant has an initial investment of US$200 million and an annual capacity of 50,000 vehicles
The cars were expected to help Laos successfully host important events during the ASEAN Year 2024
The recall affects multiple models, including VF e34, VF 5 Plus, VF 6 Plus, VF 8, and VF 9
The Philippines will be the third market in Southeast Asia that VinFast has ventured into during the first half of this year
He will spend VND10 trillion (US$394 million) from his pocket building charging stations in the next three years
Around 900 vehicles across six Mercedes-Benz models are being recalled due to a defective fuel pump
Vingroup chairman Pham Nhat Vuong holds a 90-percent stake at V-Green
Bahwan Automobiles Trading will become the official dealer of VinFast in Oman
VinFast has started building a factory in the southern state of Tamil Nadu and hopes to start production by the middle of next year, for domestic sales first and then exports
This move is a significant milestone in VinFast's global expansion strategy
He also pledged optimal conditions for VinFast to facilitate procedures needed to establish its business in Indonesia
First deliveries of the vehicle in Vietnam are due in the third quarter
Construction on the project's EV and battery manufacturing plants is expected to start this year and generate 3,000 to 3,500 jobs locally
Vuong, 55, replaces Le Thi Thu Thuy, who had held the post since late 2021
VinFast charges through India's EV market with battery plant