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VinFast
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VinFast earns $1.2B revenue in 2023
Vietnamese electric vehicle manufacturer VinFast reported revenues of VND28.6 trillion (US$1.16 billion) last year, up 91% from 2022.
VinFast to break ground on $2B factory in India
Vietnamese electric vehicle maker VinFast plans to build a US$2 billion factory in the southern Indian state of Tamil Nadu, with groundbreaking scheduled for this Sunday.
VinFast recalls 5,900 EVs for headlight issue
VinFast is recalling 5,912 VF 5 Plus electric vehicles manufactured last year to fix the issue of headlights turning off when the left turn signal is switched on.
February 6, 2024 | 10:29 pm PT
Vingroup revenue jumps 59% in 2023
Vingroup's revenue surged by 59% in 2023 to reach VND161 trillion ($6.59 billion), driven by property and electric car sales.
January 31, 2024 | 03:00 am PT
Indonesian president Widodo visits VinFast factory
Indonesia's President Joko Widodo said he supports VinFast automotive projects in Indonesia during a visit to the Vietnamese company's car factory in Hai Phong on Saturday.
January 13, 2024 | 02:54 am PT
Vietnam's richest man takes over as VinFast CEO
Vingroup chairman and Vietnam’s richest man Pham Nhat Vuong has taken over as CEO of automaker VinFast, swapping his position with Le Thi Thu Thuy, who will become chairwoman.
January 6, 2024 | 03:24 am PT
Son of Vietnam's wealthiest man inks VinFast collaboration with Japanese firm
Representing automaker VinFast, Pham Nhat Quan Anh, son of billionaire Pham Nhat Vuong, signed a MOU with Japan’s Marubeni Corporation for cooperation in electric-vehicle battery recycling.
December 18, 2023 | 06:16 pm PT
VinFast denies being sued in US
A VinFast representative has unequivocally denied that the company is being sued in the U.S.
November 17, 2023 | 11:38 pm PT
Vingroup chief meets India's second richest man to discuss partnership
Vietnam’s richest person, Pham Nhat Vuong, called on India’s second richest, Gautam Adani, Wednesday to discuss potential tie-ups.
November 8, 2023 | 08:45 pm PT
EV maker VinFast to invest $1.2B in Indonesia
Vietnam's first electric vehicle (EV) maker VinFast plans to build a plant with an investment capital of 18.6 trillion Rp (US$1.2 billion) in Indonesia, according to Presidential Chief of Staff of Indonesia Moeldoko.
November 6, 2023 | 07:14 pm PT
Vietnam's richest man to donate $270.8M to VinFast
Vingroup chairman and Vietnam’s richest man Pham Nhat Vuong has announced he will donate the 99.8% stake worth US$270.8 million he owns in battery maker VinES to automaker VinFast.
October 11, 2023 | 09:32 pm PT
EV maker VinFast aims expansion in 50 markets
VinFast, the electric vehicle (EV) maker of Vietnamese conglomerate Vingroup, on October 5 said it will expand in 50 markets globally by the end of 2024.
October 6, 2023 | 11:59 pm PT
VinFast revenues jump on EV sales to Vietnam affiliate
Vietnamese electric car maker VinFast said on Thursday its third-quarter revenue more than doubled with the largest share of its sales going to an affiliate company owned by its founder.
October 5, 2023 | 07:59 pm PT
VinFast’s 5th electric vehicle costs under $30,000
Vietnamese automaker VinFast has launched its fifth electric car, the VF 6 crossover in the small-car segment, with base prices starting at VND675 million ($27,800).
September 30, 2023 | 07:34 am PT
VinFast delivers over 9,500 cars in Q2
Electric vehicle maker VinFast delivered over 9,500 cars in Q2, more than five times Q1 number, according to a report VinFast sent to the U.S. Securities Commission (SEC).
September 24, 2023 | 08:27 pm PT
Vietnam's VinFast to deliver EVs to Europe this year as EU probes China rivals
Vietnamese electric vehicle (EV) maker VinFast plans to ship its first EVs to Europe this year after receiving regulatory approval, its CEO told Reuters on Thursday, as the European Union considers imposing tariffs on its Chinese rivals.
September 22, 2023 | 12:54 am PT
Cake digital bank cooperates with VinFast to support e-bike buyers
Cake by VPBank and VinFast are working together to provide e-bike purchase loans at 0% interest, benefiting both customers and promoting environmental protection in line with green consumption trends.
September 19, 2023 | 11:00 pm PT
VinFast's market cap exceeds $100B
VinFast’s market cap has shot up to US$113 billion, making it the second biggest electric vehicle maker globally behind Tesla.
August 24, 2023 | 07:48 pm PT
Vietnam’s richest man sees net worth plunge along with VinFast share
The net worth of Pham Nhat Vuong continued to plummet along with the VinFast share price, and he has become 60% poorer in the two days since it listed.
August 17, 2023 | 08:56 pm PT
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