VOV.VN - Vietnamese electric-vehicle startup VinFast has initiated plans to open a factory in the United States after setting up a 50-member San Francisco research office in preparation for putting its vehicles on sale in the California market ahead in 2022, according to the US newswire Bloomberg.

The Vietnam Design Association – HCM City has launched the “VinFast Global Showroom Design Competition 2021” to find the most outstanding design idea for VinFast’s global showrooms. ​

Vietnam’s domestic automaker VinFast, a subsidiary of conglomerate Vingroup, sold a total 29,485 cars in 2020, according to a sales report of the company.

VOV.VN - VinBus, a subsidiary of property developer Vingroup that specialises in transportation services, has joined Advantech Vietnam Technology Co. Ltd. to create a smart bus management system in Vietnam.

A number of large manufacturers slashed car prices in early October, signaling a fierce race in the Vietnamese auto market.

VOV.VN - The first electric bus model manufactured by VinFast, a subsidiary of Vietnamese conglomerate VinGroup, has been put into operation on a trial basis at the firm’s own manufacturing complex in the northern city of Hai Phong.

Vietnam’s first automaker, VinFast, inked an agreement on September 9 to purchase the Lang Lang proving ground in the Australian state of Victoria; the latest move in its development strategy to become a global brand.

Vietnamese automaker VinFast posted a loss of nearly VND6.6 trillion (US$284 million) in the first half, up four times year-on-year.

Tickets for the Formula One VinFast Vietnam Grand Prix 2020 will be valid when the event finally takes place, the Sai Gon Giai phong (Liberated Sai Gon) newspaper quoted the organisers as saying.

Vingroup plans to sell Vsmart smartphones in 2020 and VinFast cars in 2021 into the US market, Vice Chairwoman of Vingroup Le Thi Thu Thuy told an interview on CNN.