Vietnam’s auto industry in need of a kick start Business

Vietnam’s auto industry in need of a kick start

In order to help boost the Vietnamese automobile industry – one of the most important contributors to national economic growth – the country could do with focusing on its policy stability, market expansion, support industry development, and connectivity reinforcement, according to insiders.
VinFast gets 581 mln USD in nine months Business

VinFast gets 581 mln USD in nine months

Vingroup has injected more than 13.6 trillion VND (581.32 million USD) into its VinFast automobile project in the first nine months of this year, marking an increase of over 12.9 trillion VND compared with the beginning of last year.
Vinfast launches new e-scooter Business

Vinfast launches new e-scooter

Automaker VinFastm a subsidiary of Vingroup, has launched its first e-scooter model at the opening ceremony of its factory in the northern city of Hai Phong.
Vinfast signs 950 million USD agreement for machinery Business

Vinfast signs 950 million USD agreement for machinery

VinFast Trading and Production Limited Liability Company (VinFast) has entered into a 950 million USD financing agreement guaranteed by Euler Hermes and the German Export Credit Agency (ECA) to support the country’s first automotive and motorcycle manufacturing complex, Vinfast announced in its press release.
VinFast, LG Chem cooperate in battery production Business

VinFast, LG Chem cooperate in battery production

VinFast Trading & Production Ltd. and LG Chem Ltd., a subsidiary of LG Corporation of the Republic of Korea (RoK), on September 7 signed a memorandum of understanding (MoU) on the production of batteries that meet international standards and environmentally friendly criteria.
VinFast to open offices in Europe, Asia Business

VinFast to open offices in Europe, Asia

VinFast Trading and Production Limited Liability Company, a member of the property developer Vingroup, has just finished procedures to open an office in Frankfurt, Germany.