Vietnam's auto market posts solid growth Business

Vietnam's auto market posts solid growth

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that the total market sales of its member units reached 38,656 vehicles last month, a month-on-month increase of 30 percent, and a year-on-year increase of 6 percent.
VinFast recalls nearly 2,900 Chevrolet Spark cars Business

VinFast recalls nearly 2,900 Chevrolet Spark cars

Vietnamese automaker VinFast will start recalling 2,853 units of Chevrolet Spark Van model in Vietnam from October 25 for checking and replacing details floor mats that may be corroded (oxidized) due to high Bromine content in the mats.
VinFast sees rising sales in September Business

VinFast sees rising sales in September

Automaker VinFast, a subsidiary of conglomerate Vingroup, sold 3,497 vehicles in September, posting a month-on-month surge of 51.4 percent despite the COVID-19 pandemic.
VinFast cooperates with AUTOBEST to develop electric cars Business

VinFast cooperates with AUTOBEST to develop electric cars

VinFast Trading and Service Ltd Co and Autobest, Europe's oldest automobile rating organisation, announced a strategic partnership agreement on October 1, demonstrating their mutual commitment to accelerating the transition from internal combustion engine (ICE) cars to environment-friendly electric vehicles in the European market.
VinFast cooperates with Gotion High-Tech to produce LFP batteries for electric vehicles Business

VinFast cooperates with Gotion High-Tech to produce LFP batteries for electric vehicles

Speaking at the cooperation agreement, Zhen Li, President of Gotion High-Tech Company, said that Gotion High-Tech will use leading technologies and experience in battery manufacturing to support Vinfast electric cars development. The two sides will contribute to jointly develop the clean energy industry and promote low emission targets in Vietnam, China and around the world.
VinFast to launch three electric car models in 2023 Business

VinFast to launch three electric car models in 2023

Vietnamese automaker VinFast plans to launch three new electric car models from 2023, including VF e32, VF e33 and VF e34P, corresponding to segments A, B and C, according to a published document for investors in the second quarter of this year on its official website.
 Vietnam’s overseas investment sees 2.3-fold rise in seven months: FIA Business

Vietnam’s overseas investment sees 2.3-fold rise in seven months: FIA

Vietnam’s overseas investment totalled 570.1 million USD in the first seven months of 2021, a 2.3-fold increase from the same period last year, data from the Ministry of Industry and Trade’s Foreign Investment Agency (FIA) showed, reflecting Vietnamese firms’ efforts to expand foreign markets.