VinFast, PV Oil partner to implement e-vehicle charging stations

VinFast, a subsidiary of the multi-sector conglomerate Vingroup, and the PetroVietnam Oil Corporation (PV Oil) on October 25 signed a memorandum of understanding on cooperation to implement a system of stations for charging electric vehicles and leasing batteries.
VinFast, PV Oil partner to implement e-vehicle charging stations ảnh 1VinFast and PV Oil sign the memorandum of understanding on cooperation in Hanoi on October 25 (Photo: VinFast)

Hanoi (VNA) – VinFast, a subsidiary of themulti-sector conglomerate Vingroup, and the PetroVietnam Oil Corporation (PVOil) on October 25 signed a memorandum of understanding on cooperation to implementa system of stations for charging electric vehicles and leasing batteries.

Under this deal, VinFast will initially installcharging equipment at 600 gas stations of PV Oil nationwide. The number of suchstations will be increased to 20,000 by 2020.

At PV Oil stations, VinFast will flexiblyprovide services to meet customers’ demand, including quick charging, overnightcharging, and leasing batteries.

PV Oil is one of the leading petrol retailers inVietnam with its outlets present in all 63 provinces and cities.

The partnership with PV Oil is said to be animportant step towards debuting VinFast’s electric motorbikes in late 2018 andelectric cars in the future.

General Director of Vingroup Nguyen Viet Quangsaid this cooperation is the first step to set up 30,000 – 50,000 charging andbattery leasing stations of VinFast nationwide in the near future. VinFast willcontinue seeking prestigious partners with location advantages to expand thisnetwork.

Earlier, the company also sought resellers forits electric scooters.-VNA
VNA

See more

Czech Minister of Industry and Trade Lukas Vlcek speaks at the seminar (Photo: VNA)

Czech businesses ramp up pursuit of opportunities in Vietnam

The Vietnam – Czech Republic business networking seminar, held in Hanoi on July 11, opened up numerous prospects for cooperation between the two countries in key areas such as high technology, energy, mining, and the defence industry.

PVI Insurance shines bright with prestigious international awards

PVI Insurance shines bright with prestigious international awards

At the 2025 Insurance Asia Awards, held by Insurance Asia News in Hong Kong, PVI Insurance was the only company from Vietnam to win in all three main non-life insurance categories, Best General Insurer, Outstanding Claims Management and Best Digital Insurer of the Year.

On average, 1,065 cars were sold each day in June. (Photo: tinnhanhchungkhoan)

Car sales increase sharply in June

Passenger cars accounted for the largest number of sales with 22,934 vehicles, up 14.6% over the previous month. Meanwhile, sales of commercial vehicles reached 8,782, down 2%, while specialised vehicle sales reached 261, up 23% over the previous month.

Domestic revenue accounts for 1,158.4 trillion VND, or 69.4% of the yearly estimate. (Photo: VNA)

State budget revenue surges over 28% in H1

A total of 1,988 new projects were licensed in the first half, up 21.7% year-on-year, with newly registered capital amounting to nearly 9.3 billion USD. Foreign investors poured capital into 18 out of 21 economic sectors.

VinFast partners with BatX Energies to promote high-voltage battery recycling. (Photo: VNA)

VinFast partners with Indian firm to promote high-voltage battery recycling

Under the agreement, BatX Energies will provide VinFast with comprehensive solutions for high-voltage (HV) battery recycling, including the recovery of materials such as lithium, cobalt, and nickel, as well as battery repurposing at VinFast’s manufacturing facilities and after-sales network in India.

PM Pham Minh Chinh (centre, front row) and the USABC delegation. (Photo: VNA)

Prime Minister works with USABC to foster economic and investment ties

US businesses appreciated the increasingly favourable investment and business environment in Vietnam, as well as the country’s strong commitments, vision, and concrete actions, particularly the administrative streamlining efforts. They reaffirmed their commitment to long-term investment, production, and business cooperation with Vietnam in the coming period.

Delegates at the fifth meeting of the Vietnam-Pakistan Joint Subcommittee on Trade in Hanoi on July 11. (Photo: MoIT)

Vietnam, Pakistan seek sustainable trade growth

Vietnam and Pakistan have seen steady growth in bilateral trade, with an average annual increase of over 6.7% between 2017 and 2024. Two-way trade reached over 850 million USD last year and approximately 327.5 million USD in the first five months of 2025.

New real estate developments in Thủ Thiêm urban area (Photo: VNA)

HCM City approves 17 housing projects for foreign ownership

The HCM City Department of Construction will publish detailed project information on its official portal and has been instructed to inspect four other projects with foreign involvement in sensitive areas: Hung Vuong 1 – R16, Hung Vuong 2 – R13, Star Hill – C15B (former District 7), and The Prince Residence (former Phu Nhuan district).