Ending of the 50% vehicle registration tax discount continued to be felt in the market New vehicle sales in Vietnam fell by 8% to 24,133 units in March 2024 from…
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VinFast
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FeaturedGlobal NewsIndonesiaLifestyleNewsVietnamWorld News
Vietnam’s VinFast to Invest $1.2B in Indonesian EV Assembly Plant
Vietnam-based automotive company VinFast Auto Ltd. plans to construct an electric vehicle assembly plant in Bekasi, West Java, with an investment of $1.2 billion, according to reports on Sunday. The…
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BusinessFeaturedNewsVietnam
Vietnam’s Richest Man Donates $296M to His Company
by Mon Mauby Mon MauVingroup chairman and Vietnam’s richest man Pham Nhat Vuong donated VND7 trillion (US$296.6 million) to his company’s automobile subsidiary VinFast in September. The same month Vingroup ha provided the car…
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BusinessFeaturedNewsVietnam
Exclusive: Vietnam’s VinFast to Deliver EVs to Europe This Year as EU Probes China Rivals
Vietnamese electric vehicle (EV) maker VinFast plans to ship its first EVs to Europe this year after receiving regulatory approval, its CEO told Reuters on Thursday, as the European Union…
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VinFast launched the VF 3, a mini electric car model designed specifically for the Vietnam market. The VinFast VF 3 is part of the small car segment, specifically classified as a Mini…
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EconomyFeaturedGlobal NewsNewsPoliticsTechnologyUSVietnamWorld News
Vietnamese EV maker set to tender $4bn North Carolina factory
Vietnamese EV maker VinFast said today that it would launch a tender for the construction of a $4bn assembly plant in North Carolina after obtaining one of the approvals it…
