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Vietnam mulls tax incentives for locally-made auto parts

Vietnam mulls tax incentives for locally-made auto parts

Vietnam is considering removing the special consumption tax on car parts produced in the country to boost local manufacturing.
VinFast licensed to test autonomous cars in US

VinFast licensed to test autonomous cars in US

VinFast has received licenses to test autonomous vehicles in California, the U.S., one of the first foreign markets the Vietnamese automaker targets.
February 7, 2021 | 08:30 pm PT
VinFast to produce batteries for electric cars in Vietnam

VinFast to produce batteries for electric cars in Vietnam

Automaker VinFast has signed a memorandum of understanding on strategic cooperation with Taiwan’s ProLogium Technology Co.. Ltd. on production of batteries for electric cars in Vietnam.
March 4, 2021 | 01:31 am PT
VinFast, Foxconn discuss partnership for electric car production

VinFast, Foxconn discuss partnership for electric car production

Automaker VinFast and Taiwan’s Foxconn are discussing a partnership instead after the latter sought to buy the Vietnamese company’s electric vehicle production line.
March 19, 2021 | 07:19 pm PT
Ministries support incentives for electric cars

Ministries support incentives for electric cars

Two ministries have voiced support for tax incentives for electric vehicles that dovetails with the government’s goal of reducing emissions.
June 13, 2021 | 06:42 pm PT
Ride-hailing firm Grab to launch electric cars in Vietnam

Ride-hailing firm Grab to launch electric cars in Vietnam

Ride-hailing firm Grab plans to launch electric car services in Vietnam and Indonesia after piloting a program in Singapore at the end of this year.
June 29, 2021 | 05:15 pm PT
Electric cars fail to get charged up without policy support

Electric cars fail to get charged up without policy support

A lack of policies promoting battery production and building a charging station network is preventing the electric car market in Vietnam from hitting the road running.
July 17, 2021 | 09:47 pm PT
Ministry hopes to boost electric car sales with registration fee cuts

Ministry hopes to boost electric car sales with registration fee cuts

The Ministry of Finance has recommended that registration fees for electric cars must be half that of gasoline vehicles to encourage usage.
August 9, 2021 | 09:11 pm PT
VinFast partners Chinese company for making electric car batteries

VinFast partners Chinese company for making electric car batteries

Automaker VinFast has tied up with Chinese company Gotion High-Tech to research and produce electric car batteries as part of its vision to become a global brand.
August 22, 2021 | 08:28 pm PT
Apple supplier Foxconn unveils electric vehicles

Apple supplier Foxconn unveils electric vehicles

Taiwanese tech giant Foxconn unveiled three electric vehicles on Monday, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.
October 18, 2021 | 12:52 am PT
VinFast announces US headquarters in Los Angeles

VinFast announces US headquarters in Los Angeles

VinFast on Wednesday announced its U.S. headquarters will be located in Los Angeles, California, affirming its goal to become a global automaker spearheaded by electric vehicles.
November 17, 2021 | 02:31 am PT
VinFast launches two electric cars in US

VinFast launches two electric cars in US

VinFast launched two electric cars for the first time at Los Angeles Auto Show 2021, a milestone in its vision to become a global automaker.
November 17, 2021 | 11:51 pm PT
VinFast to stop making gas-powered cars this year

VinFast to stop making gas-powered cars this year

Automaker VinFast plans to stop making gas-powered cars this year and become a wholly electric vehicle manufacturer.
January 5, 2022 | 08:35 pm PT
Vingroup reports first-ever loss

Vingroup reports first-ever loss

Vingroup made after-tax losses of over VND7.5 trillion ($326 million) in 2021, its first ever loss, citing funding for the pandemic fight and heavier investments in electric car development.
January 29, 2022 | 05:00 pm PT
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