VinFast CEO-owned firm secures extra deal to lease EVs to ride-hailing firm
A taxi service provider based in Vietnam’s central province of Binh Dinh will lease 1,000 VinFast electric cars from an electric vehicle (EV) leasing firm that is 90% owned by billionaire Pham Nhat Vuong, the CEO of the Vietnamese carmaker.
Companies - Fri, November 15, 2024 | 8:35 pm
EV maker VinFast secures extra $3.4 bln funding from founder, Vingroup
VinFast, the electric vehicle (EV) arm of Vietnam's private conglomerate Vingroup, is set to receive financial aids of VND85 trillion ($3.36 billion) from its parent firm and Vingroup chairman-founder Pham Nhat Vuong.
Companies - Wed, November 13, 2024 | 10:54 am
VinFast best-selling vehicle brand in Vietnam
VinFast, the electric vehicle (EV) arm of Vietnam's private conglomerate Vingroup, delivered over 51,000 units in Vietnam in the first 10 months of this year, making it the best-selling brand in the country.
Companies - Tue, November 12, 2024 | 3:32 pm
Vietnam PM's Middle East tour creates breakthroughs in economic, trade, investment cooperation: FM
Prime Minister Pham Minh Chinh’s freshly ended six-day trip to the UAE, Saudi Arabia and Qatar has produced important outcomes, demonstrating the growing relations between Vietnam and the three Middle-East countries, Deputy Prime Minister and Foreign Minister Bui Thanh Son told the Vietnam News Agency.
Politics - Fri, November 1, 2024 | 9:25 pm
Vingroup posts Q3 earnings of $80 mln, highest in five years
Vingroup, the largest private multi-industry conglomerate in Vietnam by ecosystem, recorded a consolidated net profit of VND2,015 billion ($79.54 million) in Q3/2024, the heftiest quarterly earnings in the past five years.
Companies - Fri, November 1, 2024 | 11:54 am
Vietnam conglomerate Vingroup, UAE partner seek to build $3.5 bln data center
Vietnam’s leading conglomerate Vingroup and the Middle East-focused Benya Technologies will jointly explore opportunities to invest in a $3.5 billion data center in Vietnam.
Industries - Wed, October 30, 2024 | 3:43 pm
EV maker VinFast issues this year's second bond batch worth $157.5 mln in Vietnam
Hai Phong city-based electric vehicle (EV) manufacturer VinFast has raised another VND4 trillion ($157.45 million) worth of bonds in Vietnam as the company needs capital for its ambitious expansion plan.
Companies - Wed, October 23, 2024 | 9:40 am
Telecom giant Viettel crowned most valuable Vietnamese brand for 9th consecutive year
Viettel Military Industry and Telecoms Group, or Viettel, has retained its crown as Vietnam’s most valuable brand for nine consecutive years since 2015, according to Brand Finance, the world’s leading brand valuation consulting company.
Companies - Sat, October 12, 2024 | 3:27 pm
Vietnam auto sales extend recovery, up 7.5% to 225,583 in Jan-Sept
Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 225,583 units in the first nine months of 2024, up 7.5% year-on-year.
Companies - Fri, October 11, 2024 | 8:27 pm
Vietnam auto sales up 2% to 188,997 units in Jan-Aug
Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 188,997 units in the first eight months of 2024, up 2% year-on-year.
Companies - Sat, September 14, 2024 | 10:44 am
Vietnamese EV maker VinFast halves losses in H1
VinFast, the electric vehicle arm of Vietnam's largest private conglomerate Vingroup, recorded post-tax losses of VND9,068.3 billion ($367 million) in H1/2024, half the loss it posted in the same period last year.
Companies - Mon, September 9, 2024 | 3:35 pm
EV-maker VinFast gets $132 mln gift from billionaire Vingroup founder
Billionaire Pham Nhat Vuong, founder and chairman of Vietnam’s biggest private conglomerate Vingroup, gifted VND3.27 trillion ($131.7 million) to its EV arm VinFast in the first half of this year.
Companies - Sat, August 31, 2024 | 7:51 pm
Vietnam auto sales up 1% to 163,804 units in Jan-Jul, after slumps in 2023, H1/2024
Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 163,804 units in the first seven months of 2024, up 1% year-on-year.
Companies - Wed, August 14, 2024 | 8:07 am
Vietnamese EV maker VinFast opens first showroom in Middle East
VinFast, an electric vehicle (EV) arm of Vietnam's private conglomerate Vingroup, on Wednesday opened its first Middle East showroom in the Sultanate of Oman.
Companies - Wed, July 31, 2024 | 10:20 pm
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