VinFast begins sales of VF DrgnFly electric bike in United States
VinFast, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, will begin selling its VF DrgnFly electric bike in the U.S. later this month, with a listed price of $2,599, the EV maker said Friday.
Following the bike’s unveiling at the Consumer Electronics Show (CES) in January 2024, the sales launch of VF DrgnFly confirms VinFast’s strong relevance to the U.S. market and commitment to the global green transportation revolution, the firm said in a statement.
An advertisement of VF DrgnFly at Times Square in New York. Photo courtesy of tinhte.vn
The launch also marks another step in VinFast’s expansion in the U.S., one of the world’s most vibrant electric vehicle markets.
Powered by a 750W rear hub motor, a single-speed gearbox, and a torque sensor, the VF DrgnFly offers a smooth and responsive riding experience with a top speed of up to 45 kilometers per hour. The VF DrgnFly has a range of up to 68 miles (110 km) on a single charge.
In addition to growing in key markets such as the U.S., Canada, and Europe, VinFast is actively expanding into Vietnam’s neighboring countries such as India, Indonesia, Thailand, the Philippines, as well as the Middle East and Africa. Outside of Vietnam, VinFast is also aiming to accelerate the construction of EV manufacturing plants in the U.S. and India, and will establish a plant in Indonesia, according to VinFast.
Currently, VinFast is selling its VF8 crossover EV in the U.S., while other models, VF6, VF7, and VF9, will reach the market soon.
- Read More
Brokerage exec explains prolonged net selling trend by foreign investors
The Vietnamese stock market has continued to record net selling by foreign investors though FTSE Russell on April 7 confirmed the reclassification from frontier to secondary emerging status, effective from September 21, 2026.
Finance - Tue, May 19, 2026 | 12:39 pm GMT+7
Brokerage VNDirect set to return to growth path after 2024 cyberattack: chairwoman
Pham Minh Huong, chairwoman of VNDirect Securities, said the brokerage has spent the past two years rebuilding its technology, operations and governance systems to adapt to a changing market environment, particularly following a cyberattack in 2024.
Companies - Tue, May 19, 2026 | 11:27 am GMT+7
Vietnam’s private sector entering ‘a new bright phase’: report
Vietnam’s private sector has moved beyond a defensive phase and is preparing for a new period of expansion despite persistent challenges, according to a report by the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Tue, May 19, 2026 | 10:54 am GMT+7
Surging fuel prices put pressure on Vietnam’s aviation, logistics industries
Global fuel prices remain elevated amid ongoing geopolitical instability, placing direct pressure on Vietnam’s aviation and maritime transport businesses.
Economy - Tue, May 19, 2026 | 8:00 am GMT+7
State-controlled stocks rally, lift VN-Index to record high
A broad rally in Vietnamese state-controlled stocks including VCB (Vietcombank), BID (BIDV bank), PLX (Petrolimex), BSR (Binh Son Refining and Petrochemical JSC), and GAS (PV Gas) helped push the benchmark VN-Index to a record high on Monday, despite lingering concerns over weakening market breadth and slowing momentum.
Finance - Mon, May 18, 2026 | 8:31 pm GMT+7
Work begins on $2.25 bln LNG power project in central Vietnam
A consortium consisting PV Power - a subsidiary of state-owned Petrovietnam, Nghe An Sugar Co. Ltd. and South Korea’s SK Innovation has broken ground on the $2.25 billion Quynh Lap LNG-fired power project, located in Nghe An province, central Vietnam.
Energy - Mon, May 18, 2026 | 6:52 pm GMT+7
Foreigners eligible to buy housing at extra 6 projects in HCMC
Ho Chi Minh City authorities have added six more residential developments to the list of housing projects eligible for ownership by foreign individuals and organizations, as Vietnam’s largest economic hub seeks to attract additional international investment into its property market.
Real Estate - Mon, May 18, 2026 | 5:52 pm GMT+7
Masan’s WinCommerce speeds up northern Vietnam expansion as April revenue jump 27%
WinCommerce, the retail arm of Vietnamese conglomerate Masan Group (HoSE: MSN), reported strong sales growth in April as the company accelerated store expansion across northern and central regions.
Companies - Mon, May 18, 2026 | 4:18 pm GMT+7
Vietnam pushes to build groundwork for domestic high-speed rail technology capability by 2028
Vietnam is accelerating efforts to develop homegrown technological capabilities for its planned high-speed railway network as the government seeks to reduce dependence on foreign contractors and turn the multi-billion-dollar infrastructure program into a catalyst for industrial upgrading.
Investing - Mon, May 18, 2026 | 3:59 pm GMT+7
Hoa Phat Group's member company emerges at 120 mln-ton iron ore mine after Chinese partner exits
A new entity backed by a member company of Hoa Phat Group and Dai Quang Minh Real Estate Investment Corporation's chairman Tran Dang Khoa has replaced the Chinese partner in the joint venture operating Quy Xa iron ore mine in northern Vietnam.
Industries - Mon, May 18, 2026 | 2:27 pm GMT+7
Central Vietnam province okays Hong Kong-invested $12 mln wood processing project
A VND315.6 billion ($12 million) wood manufacturing plant project, invested by Lehome International Co., Ltd. from Hong Kong, has received an investment registration certificate, contributing to increased FDI inflows into Gia Lai province’s industrial sector.
Industries - Mon, May 18, 2026 | 12:24 pm GMT+7
Trinh Van Tuan: The man behind PC1’s rise and the unexpected turn at the end of his career
Trinh Van Tuan’s career reflects the rise of an engineer-turned-businessman who helped expand PC1 into one of Vietnam’s notable infrastructure and energy groups. But at the closing stage of his career, an unexpected legal turmoil is now casting uncertainty over the future not only of Tuan himself, but also of the company shaped by his influence for more than 20 years.
Companies - Mon, May 18, 2026 | 8:17 am GMT+7
Chinese giant explores infrastructure, agriculture, education opportunities in central Vietnam
Su Shang Construction Group Co., Ltd., a major Chinese infrastructure developer, has expressed interest in investing in several large-scale infrastructure projects in Vietnam’s central province of Gia Lai under the financing-engineering-procurement-construction-operation (FEPCO) model.
Industries - Sun, May 17, 2026 | 6:08 pm GMT+7
13 investors eye major stakes in state-controlled beer maker Viet Ha
As many as 13 domestic investors eye major stakes in Viet Ha Investment and Trading JSC, owner of the long-established Viet Ha beer brand and controlled by the Hanoi People's Committee.
Companies - Sun, May 17, 2026 | 11:13 am GMT+7
HCMC targets mega-city of 22 mln people with ‘one-hour mobility’ vision
Ho Chi Minh City is targeting a population of 20-22 million by 2050 and aims to become one of the world’s most livable cities, as Vietnam’s largest economic hub pursues an ambitious transformation into a multi-centered mega-city supported by modern transport infrastructure and a maritime-driven economy.
Economy - Sun, May 17, 2026 | 9:00 am GMT+7
Southeast Asia’s largest iron ore mine set for $3 bln revival after 15 years in limbo
After remaining dormant for 15 years, Vietnam’s Thach Khe iron ore mine is set for a major restructuring that could pave the way for a new VND80,000 ($3.04 billion) mining and steel complex aimed at producing high-quality steel products instead of exporting raw ore.
Industries - Sun, May 17, 2026 | 8:00 am GMT+7




















