Tag: VinFast’
Investors prefer trading in land, shun the less profitable auto industry
Vingroup has sent a dispatch to the Ha Tinh provincial People’s Committee, proposing a project on an automobile complex.
Vingroup stops TV, smartphone lines, focuses on VinFast vehicles
VOV.VN - Vingroup, Vietnam’s largest private conglomerate, has unveiled plans for its subsidiary VinSmart to halt the manufacturing of televisions and smartphones in order to primarily concentrate on developing electronic products and other components for VinFast cars.
Vingroup plans VinFast IPO in the US
VOV.VN - Vingroup, Vietnam’s leading multisectoral conglomerate, is planning an initial public offering (IPO) of its car manufacturer VinFast in the United States that could raise about US$2 billion, Bloomberg reported.
Domestic car sales record 127% surge in March
VOV.VN - The Vietnam Automobile Manufacturers Association (VAMA) announced on April 13 that car sales of its members in March reached 30,935 vehicles of all kinds, representing a sharp rise of 127% compared to the previous month.
VinFast’s car sales top 2,330 vehicles in March
VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, sold a total 2,330 cars in March, including 1,312 Fadil, 548 Lux A2.0 and 470 Lux SA2.0, the firm announced on April 12.
When will Vietnam begin to make electric cars?
On March 24, Vinfast made headlines after releasing its statement about receiving orders for its first electric car model VF e34 for VND690 million (about US$32,000), to be delivered in the third quarter of 2021.
First electric bus VinBus hits the road in Vietnam
VOV.VN - Manufactured by VinFast as part of efforts to develop a modern and environmentally-friendly public transport network, VinBus electric buses have been launched at Vinhomes Ocean Park urban area in Hanoi.
VinFast VF e34 much sought after in Vietnam following its debut
VOV.VN - Local automaker VinFast says a record high number of orders have been placed for its smart electric vehicle shortly after the environmentally friendly car made its debut on March 24.
First electric vehicle model produced by VinFast goes on sale
VOV.VN - As the nation’s first automaker, VinFast is now officially taking pre-orders for its first-ever electric model VF e34, with the vehicle being priced at VND690 million.
Automobile sales drop 22% in February
A long Lunar New Year holidays, the ending of registration fee cut and impacts from COVID-19 pandemic are major reasons behind a strong fall of automobile sales in February, according to insiders.
