VinFast posts rise in auto sales in May Business

VinFast posts rise in auto sales in May

Despite the impact of the COVID-19 pandemic, Vietnamese auto-maker VinFast Trading and Production LLC still enjoyed a month-on-month increase of 5 percent in sales in May, to 2,855 vehicles.
Car sales go online amid pandemic Business

Car sales go online amid pandemic

Car companies are offering new door-to-door services and digitised shopping experiences to boost consumption amid the latest outbreak of the COVID-19 pandemic in Vietnam.
VinGroup’s electric buses run on Hanoi’s busy streets Business

VinGroup’s electric buses run on Hanoi’s busy streets

Vinbus Ecology Transport Services Limited Liability Company (VinBus), a member of Vietnam’s largest conglomerate Vingroup, on May 17 trialed its smart electric bus service on Hanoi streets after one-month testing inside VinGroup’s urban areas
Vingroup to stop production of smartphones and TVs Business

Vingroup to stop production of smartphones and TVs

Vingroup is to halt the production of TVs and smartphones to focus on the development of its Internet-of-Things and Infotainment for VinFast cars, according to a press release by the country's largest conglomerate on May 9.
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.