Events

Vingroup plans a $500 million electric vehicle plant in the Philippines

Vietnamese group Vingroup, parent company of VinFast, is considering investing $500 million in an electric vehicle plant in the Philippines.

VinFast makes strong progress in electric two-wheelers in Vietnam

VinFast gains ground in the Vietnamese electric two-wheeler market and is closing in on Honda.

Tesla confirms its entry into the Vietnamese market

Tesla has officially confirmed its arrival in Vietnam and the launch of recruitment efforts, marking an internal confirmation for the first time. VinFast holds approximately 36% of new car sales in the country.

Vingroup posts record profit of $1.7 billion over nine months

Vietnamese conglomerate Vingroup, parent company of VinFast, reports a record profit of $1.7 billion over the first nine months of 2026.

The richest man in Southeast Asia injects $436 million into VinFast

Pham Nhat Vuong, via Vingroup, is injecting an additional $436 million into electric vehicle manufacturer VinFast to support its development.

VinFast Maintains US EV Plant Project Despite Slowdown

VinFast continues construction of its electric vehicle plant in the United States as the American EV market slows. The Vietnamese manufacturer confirms its industrial investment.