Vietnamese carmaker VinFast Auto has officially signed a dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) for the distribution of electric vehicles in the Oman market.

This event signifies not only VinFast’s initial operation in the Middle East region but also a significant step in the VinFast’s global expansion, VinFast said in a statement on Wednesday.

Under the terms of the agreement, BAT will become the official dealer of VinFast in Oman.

From 2024 to 2027, BAT plans to establish and operate 13 VinFast stores and service centers.

The inaugural store is anticipated to open in mid-2024, with vehicle sales commencing shortly thereafter.

Additionally, VinFast will collaborate with BAT to sell four e-sports utility vehicle (SUV) models: VF 6, VF 7, VF 8, and VF 9 upon their market launch.

Previously, within the framework of the United Nations Climate Change Conference 2023 (COP 28) held in the United Arab Emirates, VinFast and BAT signed a Memorandum of
Understanding for Cooperation.

Through this collaboration with its first dealer in Oman, VinFast actively contributes to the realization of green mobility solutions within the Middle Eastern region, while affirming the commitment of the Vietnamese electric vehicle manufacturer to making electric vehicles more accessible to everyone.

“Oman presents a promising market for electric vehicles, as consumers in the nation demonstrate a growing interest in sustainable and environmentally friendly transportation solutions,

“We are confident that this dealer sales agreement with BAT, a leading and highly reputable dealer in Oman, will empower VinFast to swiftly establish a presence in the market and provide customers in the country with the most diverse and high-quality selection of electric vehicles available,” said Ta Xuan Hien, Chief Executive Officer of VinFast Middle East.

Abdullah Ahmed Suhail Bahwan, Executive Director of Bahwan Automobiles Trading, said they are delighted to be the first Middle Eastern dealer of VinFast, a pioneering electric
vehicle manufacturer in Vietnam renowned for its strategic vision and innovative products.

“We firmly believe that this dealer sales agreement will introduce captivating electric vehicle models to the Oman market, contributing to the development of the electric vehicle sector in Oman and enhancing the electric mobility experience for our customers,” he added.

According to the statement, the electric vehicle market in Oman is projected to experience significant growth in the coming years.

The Omani government has implemented numerous initiatives to encourage the use of electric vehicles, aiming to address climate change, reduce carbon emissions, and limit the consumption of fossil fuels.

VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution.

Established in 2017, the firm owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation
in Hai Phong, Vietnam.

BAT is an allied business of Bahwan International Group, which has over 45 associate companies and more than 2000 employees, with presence across the Sultanate of
Oman, the Gulf Region, North Africa, and South Asia.

These Group of companies represents a portfolio of more than 40 global brands, with diversified businesses cover a wide spectrum including automobiles, healthcare, agriculture, renewable energy, airport solution, logistic solution, earthmoving equipment, construction equipment, industrial equipment, debt collection services, high-end security solutions, survey instruments, elevators and parking

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