Vietnamese billionaire reaffirms steadfast commitment to EV maker VinFast
Vietnam’s richest man, billionaire Pham Nhat Vuong, says he personally and the conglomerate that he chairs, Vingroup, will continue financing VinFast despite heavy losses incurred by the EV-maker since 2017.
Companies - Thu, April 25, 2024 | 5:32 pm
No Vinhomes funding for VinFast: CEO
Vinhomes CEO Nguyen Thu Hang says the residential property development arm of Vietnam’s private conglomerate Vingroup has not provided financing for other companies in the group’s ecosystem, including EV-maker VinFast.
Companies - Wed, April 24, 2024 | 4:37 pm
ESG rules must be tightened to unlock green capital flows: HSBC exec
Lam Thuy Nga, country head of large corporate, wholesale banking at HSBC Vietnam, shares her thoughts from the Vietnam Connect Forum 2024.
Consulting - Tue, April 23, 2024 | 11:05 am
EV maker VinFast posts 270% revenue growth in Q1
Vietnamese electric vehicle (EV) maker VinFast on Wednesday reported revenue growth of 269.7% year-on-year to $302.6 million in the first quarter of 2024.
Companies - Thu, April 18, 2024 | 9:29 am
Vietnam’s Q1 auto sales down 17% to 58,165 units
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 58,165 units in the first quarter of 2024, down 17% year-on-year.
Companies - Mon, April 15, 2024 | 12:11 pm
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.
Companies - Fri, April 12, 2024 | 9:06 pm
Vietnam EV maker VinFast opens first dealership in Indonesia
Indonesian firm PT Gallerie Setia Utama has opened the country’s first VinFast dealership, marking a milestone for the Vietnamese electric vehicle (EV) maker.
Companies - Tue, April 2, 2024 | 7:32 pm
VinFast inks EV distribution pact for Micronesia, launches EV charging stations venture
VinFast, the electric vehicle arm of Vietnamese conglomerate Vingroup, said Wednesday that it has signed a cooperation agreement with Guam AutoSpot to distribute its EVs in Micronesia.
Companies - Wed, March 20, 2024 | 8:58 pm
VinFast to attend motor shows in Thailand, Canada, sell EVs in Africa
VinFast, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, will attend international motor shows in Thailand and Canada, and attempt to break into the African market this year.
Companies - Sat, March 16, 2024 | 10:22 am
Vietnam’s Jan-Feb auto sales down 23%
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 30,876 vehicles in the first two months of 2024, down 23% year-on-year.
Companies - Wed, March 13, 2024 | 7:27 pm
Vietnam outbound investment shrinks 78% to $25 mln in Jan-Feb
Outbound investment by Vietnamese companies plunged 78.3% year-on-year to $25 million in the first two months of this year, all via fresh projects, the Ministry of Planning and Investment said.
Industries - Sat, March 2, 2024 | 10:55 am
VinFast's move into Indian market a significant stride in global expansion: RMIT expert
Indian-born RMIT senior lecturer Dr. Majo George hailed VinFast’s decision to open a manufacturing plant in India as a strategic manoeuvre that will not only leverage the potential of a burgeoning electric vehicle (EV) market but also position the company favorably against future competitors.
Economy - Thu, February 29, 2024 | 8:02 am
VinFast begins building $500 mln EV factory in India
VinFast Auto, the electric vehicle (EV) arm of Vietnamese conglomerate Vingroup, officially broke ground on its first integrated EV manufacturing facility in the state of Tamil Nadu, India, on Sunday.
Industries - Mon, February 26, 2024 | 11:11 am
Vietnam auto sales up 11% to 19,243 units in Jan
The Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 19,243 vehicles in January, down 50% from December 2023 but up 11% year-on-year.
Companies - Sat, February 24, 2024 | 10:01 am
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
- Most Read
Trungnam Group eyes green energy development in Ninh Thuan province
Energy - Update 1 day ago
Six dead as boiler explodes at southern Vietnam wood factory
Society - Update 1 day ago
Brewer giant Habeco posts biggest quarterly loss in 4 years
Companies - Update 1 day ago
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
