Vietnam

Vingroup plans to invest in Philippine market, starting with establishment of VinFast’s network of EV & motorcycle dealerships

VinFast will lead the way for Vingroup's investments in the Philippines in 2024, commencing with the establishment of a network of electric car and motorcycle dealerships.

VinFast powers Indonesia’s EV future with expansion plan

The Indonesian government's push for an electric vehicle ecosystem creates an ideal opportunity for VinFast, Vietnam's premier EV manufacturer, to contribute to Indonesia's goal of reaching sustainable transportation.

Beyond electrification: How VinFast invests into the future

The EV trend is not only about electrifying a world driven by fossil fuels but also creating a new style, especially among the young generations. VinFast understands this, as demonstrated by their accessible mini-eSUV, and the electric pickup that is envisioned to become a mobile haven designed for adventure.

VinFast’s 4Q EVs delivery rises 35 percent quarter on quarter to 13,513 units

Vietnamese automaker VinFast Auto Ltd. (VinFast) announced Thursday that it has delivered 13,513 units of electric vehicles (EVs) in the fourth quarter of 2023, up 35 percent quarter on quarter.

Tracxn : Investments into Vietnam FinTech startups sinks to $35.3M in 2023

Total funding into Vietnamese FinTech startups plunged 84 percent to $35.3 million in 2023, from $227 million in 2022, Tracxn Technologies Ltd. said on Thursday. The FinTech sector in Vietnam secured funding worth $35.3 million in 2023 with only eight funding rounds, the least funded year since 2021.

Vietnam’s VinFast launches electric bike in the United States

Vietnamese carmaker VinFast Auto has officially announcedthe rollout of the DrgnFly electric bike in the United States. The VinFast Drgnfly launches in the US market with prices expected to begin at $2,800.

VinFast to build $500M integrated electric vehicle facility in India

VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, has signed an agreement to build an integrated electric vehicle facility in Tamil Nadu, India. The duo will work toward a total investment of up to $2 billion, with an intended commitment of $500 million for the first phase of the project, spanning five years from the commencement date.

Vietnam’s VinFast inks deal with initial independent dealers in US

VinFast, a Vietnam-based smart electric vehicle manufacturer, has on Tuesday announced that it has officially signed agreements with five dealers in four states across the country, and United States customers can now experience VinFast’s electric vehicles through these dealers. The firm expects to expand its dealer network to 125 points of sale across the…

[Live from Hanoi, Vietnam] The 2023 VinFuture Prize Award Ceremony – Celebrating “Boundless Unity” Innovations for Humanity

The 2023 VinFuture Prize Award Ceremony is officially poised to take place at 8:00 PM on December 20th, 2023, at the Ho Guom Opera House in #Hanoi. This solemn ceremony will be attended by top leaders of the #Vietnam government and distinguished international scientists who are laureates of world-renowned science and technology prizes such as the Nobel…

TNGlobal’s Top 10 most-read news articles in 2023

The global wave of layoffs hitting US tech companies like Meta, Amazon, and Twitter has also come to Southeast Asia amid a slowdown in fundraising activities for tech startups. Tech companies including venture capital-backed startups in Southeast Asia have also announced layoffs and austerity measures to cope with the uncertain macroeconomic situation.