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Second batch of VinFast VF 8 vehicles arrive in US

Second batch of VinFast VF 8 vehicles arrive in US

VinFast, a subordinate automaker of private conglomerate Vingroup, announced the arrival of its second shipment of electric vehicles, consisting of 1,879 VF 8 vehicles, at the Port of Benicia in California, the US.
Vietnam EV maker VinFast to list in the US via a SPAC

Vietnam EV maker VinFast to list in the US via a SPAC

Vietnamese electric automaker VinFast said on Friday it will list in the United States via a merger with special purpose acquisition company (SPAC) Black Spade Acquisition Co.
May 12, 2023 | 05:37 am PT
VinFast hands over first VF 5 Plus cars to customers

VinFast hands over first VF 5 Plus cars to customers

VinFast, an electric vehicle maker of Vietnamese conglomerate Vingroup, handed over the first VF 5 Plus cars to customers on Friday.
April 21, 2023 | 11:05 pm PT
Singapore's CapitaLand in talks to buy Vietnam property assets from Vinhomes: sources

Singapore's CapitaLand in talks to buy Vietnam property assets from Vinhomes: sources

Asian real estate giant CapitaLand Group is in talks to acquire assets worth roughly $1.5 billion from Vietnam's biggest listed property firm Vinhomes JSC (VHM.HM).
March 17, 2023 | 09:03 am PT
Vietnam EV-maker VinFast delays US car deliveries to late Feb

Vietnam EV-maker VinFast delays US car deliveries to late Feb

Vietnam's electric automaker VinFast said on Friday it will delay deliveries to its first customers in the United States to the second half of February after it finishes updating the vehicles with the latest software.
February 3, 2023 | 12:21 am PT
Vingroup revenue inches up in 2022

Vingroup revenue inches up in 2022

Vingroup’s revenues rose by 1% to VND130.5 trillion (US$5.57 billion) last year, but its auto and property businesses fared poorly.
January 31, 2023 | 07:25 pm PT
South Korea's SK Group may sell some Southeast Asia assets: media

South Korea's SK Group may sell some Southeast Asia assets: media

South Korea's second-largest conglomerate SK Group said on Monday it is considering selling some of its assets in Southeast Asia and reinvesting in other businesses in countries in the region, including Vietnam.
December 26, 2022 | 12:35 am PT
Vietnam’s Elon Musk challenger turns heads in 2023

Vietnam’s Elon Musk challenger turns heads in 2023

Vietnam is an unlikely home of the next Elon Musk. That’s why Le Thi Thu Thuy is one person to watch in 2023. The 48-year-old is at the wheel of VinFast, a money-losing electric-vehicle maker racing the U.S. entrepreneur’s Tesla on Western roads. It’s a complicated route.
December 21, 2022 | 03:36 am PT
Vingroup, Gotion start building $275 mln battery plant in Vietnam

Vingroup, Gotion start building $275 mln battery plant in Vietnam

VinES Energy Solutions, a unit of Vietnam's largest conglomerate Vingroup JSC and China's Gotion High-Tech, have commenced construction of a $275 million battery factory in the Southeast Asian country, Vingroup said on Friday.
November 18, 2022 | 04:18 pm PT
VinFast considers US IPO in January

VinFast considers US IPO in January

Automaker VinFast is considering going public in the U.S. as soon as January, seeking to realize its dream of becoming a global electric car producer.
November 17, 2022 | 12:11 am PT
Vingroup revenues down 5%

Vingroup revenues down 5%

Vingroup, Vietnam’s biggest private conglomerate, made total consolidated net revenues of VND88.191 trillion ($3.56 billion) in the first nine months, posting a year-on-year decline of nearly 5%.
October 31, 2022 | 04:28 am PT
Vietnam's VinFast recalls a third of its sold EVs to replace sensors

Vietnam's VinFast recalls a third of its sold EVs to replace sensors

Vietnam's VinFast said on Saturday it would recall 730 of its model VF e34 electric cars (EVs), which are available only on the domestic market, to make checks and replace their side crash sensors.
October 16, 2022 | 07:38 pm PT
Vingroup to build $255-mln battery plant

Vingroup to build $255-mln battery plant

A Vingroup unit will invest over VND6 trillion ($255.3 million) in a lithium battery plant with an annual 5 Gigawatt hours (GWh) capacity in central Ha Tinh Province.
September 24, 2022 | 05:30 am PT
Vietnamese billionaires say no to salaries

Vietnamese billionaires say no to salaries

Being chairmen of giant corporations with revenues exceeding billions of dollars, some Vietnamese billionaires chose to draw zero salaries.
September 4, 2022 | 05:32 am PT
Vingroup H1 debt hits $17.08 bln

Vingroup H1 debt hits $17.08 bln

Vingroup had debts of nearly VND400 trillion ($17.08 billion) as of June, with a debt-to-asset ratio lower than the property sector’s average.
August 30, 2022 | 05:22 pm PT
9 face punishment for spreading false info about Vingroup chairman

9 face punishment for spreading false info about Vingroup chairman

Police are probing nine people in seven localities for spreading rumors saying Vingroup Chairman Pham Nhat Vuong, Vietnam's richest man, had been prevented from traveling abroad.
July 11, 2022 | 01:55 am PT
Vinhomes transfers Vinpearl Landmark 81 to group company

Vinhomes transfers Vinpearl Landmark 81 to group company

Real estate giant Vinhomes transferred its 99.88 percent stake in Vinpearl Landmark 81 company to tourism company Vinpearl.
July 5, 2022 | 10:48 pm PT
Private firms eager to invest in expressways

Private firms eager to invest in expressways

Private investors are showing more interest in building expressways after a long thaw, with experts calling for greater support from the government and relevant localities.
May 27, 2022 | 03:21 am PT
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