Business

VinFast India earns “New Entrant of the Year” honour at FASTER Awards 2026

The award is organised by a federation of leading automotive journalists and industry experts in India to honour brands that have made outstanding contributions in vehicle performance, design, and technology, and their contributions to the green mobility transition in India.

EV models manufactured at VinFast's factory in India (Photo: VNA)
EV models manufactured at VinFast's factory in India (Photo: VNA)

Hanoi (VNA) – VinFast India, a subsidiary of Vietnamese electric vehicle (EV) manufacturer VinFast, has been honoured with the title “New Entrant of the Year” at the FASTER Awards 2026, one of the most prestigious awards in India’s automotive industry.

The award is organised by a federation of leading automotive journalists and industry experts in India to honour brands that have made outstanding contributions in vehicle performance, design, and technology, and their contributions to the green mobility transition in India.

VinFast impressed the judging panel with its clear development strategy and strong commitment to promoting sustainable mobility in the South Asian country, highlighted by the development of a modern manufacturing facility in Tamil Nadu, accompanied by a clear localisation roadmap and a comprehensive electric vehicle ecosystem.

These efforts have enabled VinFast India to build solid trust with local consumers in a short period of market presence.

At FASTER Awards this year, VinFast was also honoured with the “Communications Team of the Year 2026” title, in recognition of its effective communications strategy and well-structured market approach amid intensifying competition in India’s automotive industry.

The double win at the FASTER Awards brings VinFast’s total number of awards in the Indian market to nearly 20, reflecting strong recognition from industry experts for both brand stature and product quality.

Previously, VinFast was named “Investor of the Year” by Nanayam Vikatan magazine and received the “EV Manufacturer of the Year” title at the Jagran Hi-Tech Awards 2025. Its EV models have also won awards at several prestigious events, with VF 7 was honored as “Electric SUV of the Year” at the BBC TopGear India Awards 2026, while VF 6 won “Value for Money Car of the Year” at the Autocar India Awards 2026.

According to a VinFast India representative, the award acknowledges the company’s efforts to develop safe and practical electric vehicles tailored to the demands of Indian consumers, while supporting the country’s transition toward sustainable mobility.

VinFast is also strengthening its presence in India by expanding its distribution network and building a nationwide system of showrooms and service partners. Its two electric SUV models, VF 6 and VF 7, recently received five-star safety ratings under Bharat NCAP, reinforcing the brand’s position in India’s electric vehicle market./.

VNA
#FASTER Awards 2026 #"New Entrant of the Year" #VinFast India #automotive industry
Follow VietnamPlus

Patriotic emulation

Green transition

Related News

See more

Delegates taste UK food (Photo: VNA)

Taste of UK week promotes British foods in Vietnam

The “Taste of the UK” food week, held for the first time in Ho Chi Minh City from February 26 to March 11, is an opportunity to promote British food products and strengthen their presence in Vietnam, while giving local consumers a chance to experience the diversity of UK cuisine.

A customer purchases E5RON92 bioethanol fuel at a PVOIL gas station on Thai Thinh street, Hanoi (Photo: VNA)

Retail fuel prices rise sharply in March 5 adjustment

According to the Ministry of Industry and Trade, the global fuel market during the latest price adjustment period from February 26 to March 4, 2026 was influenced by several major factors, including the escalating military conflict between the US – Israel coalition and Iran.

Workers at a textile factory in Hanoi (Photo: VNA)

Supporting industries seek fresh growth momentum

Against a backdrop of global uncertainty and supply chain restructuring, the Government has introduced a range of measures aimed at injecting new momentum into domestic manufacturing. New provisions covering workforce training, testing and certification, trade promotion and technology upgrades have been implemented.

Workers package fruits at the factory of Vina T&T Group (Photo: nhandan.vn)

Vietnamese exporters adapt to escalating Middle East conflict

The Ministry of Industry and Trade’s Export-Import Department forecasts upward pressure on global prices for consumer goods, fuel, and crude oil in the coming time. Such hikes could exert indirect but broad negative effects on Vietnam’s overall production and trade, with particular exposure in exports destined for the Middle East.

The MoIT will closely monitor global oil prices, output, inventories and trade flows to adjust imports and domestic supply accordingly. - Illustrative image (Photo: VNA)

Vietnam triggers fuel contingency plan over Middle East crisis

The Ministry of Industry and Trade will closely monitor global oil prices, output, inventories and trade flows to adjust imports and domestic supply accordingly. It will also intensify oversight of key traders’ compliance with their 2026 minimum reserve obligations.

Workers process tra fish for export. (Photo: VNA)

Agro-forestry-fishery exports up over 17% in first two months

Of the total export value in the January–February period, agricultural products accounted for 6.09 billion USD, up 17.1% year-on-year. Seafood exports reached 1.76 billion USD, marking a sharp increase of 23.3%, while forestry products brought in 2.82 billion USD, up 7.4%.

Many private businesses are investing in the service and real estate sectors in Da Nang. (Photo: VNA)

Da Nang augments efforts to attract high-quality investments

Da Nang has consistently implemented business support policies and a selective investment attraction strategy, prioritising high technology, smart city building and sustainable development, thereby strengthening investor confidence and enhancing the city’s competitiveness in the new development phase.

Export activities at the Cai Mep - Thi Vai port cluster (Photo: VNA)

Southern region opens wide to new wave of US investment

Since 2025, US enterprises have increasingly explored investment opportunities across provinces in the Southern Key Economic Region. Ho Chi Minh City has emerged as a leading destination, highlighted by multiple cooperation agreements concluded in late 2025.

Visitors explore Vietnamese furniture products at HawaExpo 2026. (Photo: VNA)

Ho Chi Minh City’s HawaExpo 2026 triples in scale

Held under the theme “Gateway to Vietnam Furniture Prowess” and featuring more than 2,500 booths, the four-day event is expected to serve as a gateway to exploring the genuine capabilities of Vietnam’s wood and furniture industry, as well as a strategic trading hub for international markets.

Deputy Governor of the State Bank of Vietnam Pham Thanh Ha answers reporters’ questions. (Photo: VNA)

SBV vows agile policy response amid global headwinds

In the coming period, the SBV will calibrate interest rate management in line with macroeconomic developments and inflation trends, while requiring credit institutions to publicly disclose lending rates to enhance transparency.