VinFast plans electric car plant in US Business

VinFast plans electric car plant in US

VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, plans to set up an automobile plant in the US after establishing a 50-member R&D office in San Francisco in preparation for California automobile sales in 2022, Bloomberg reported.
VinFast buys testing ground in Australia Business

VinFast buys testing ground in Australia

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.
VinFast sells over 2,160 cars in May Business

VinFast sells over 2,160 cars in May

Vietnam’s first domestic automaker, VinFast, announced on June 10 that it sold more than 2,160 vehicles during the month of May, with the hatchback Fadil its most popular model.
 Motorbike sales in Vietnam shrink in 2019 Business

Motorbike sales in Vietnam shrink in 2019

The Vietnam Association of Motorcycle Manufacturers (VAMM) has said its five members, namely Honda, Piaggio, Suzuki, SYM, and Yamaha, sold over 3.25 million motorbikes in 2019, a year-on-year decline of 3.87 percent.