Vietnam

Vingroup and Gotion starts building $275M LFP battery cell factory in Vietnam

VinES Energy Solutions Joint Stock Company, a member of Vingroup, and Gotion Inc., a wholly owned subsidiary of Gotion High-Tech, have started construction of lithium iron phosphate (LFP) battery cell factory in Vietnam. The project has a total investment of more than VND 6,329 billion ($275 million), a scale of 14 hectares (34.5 acres) with a design…

Vietnam’s VinFast opens first Canadian store at Yorkdale Shopping Center in Toronto

VinFast, the Vietnam-based electric vehicle company, has officially opened its first Canadian store at Yorkdale Shopping Centre in Toronto, Ontario. The flagship location is part of the company's rollout in Canada, with seven more stores set to open before year end, including two locations at CF Carrefour Laval in Quebec, and Park Royal Shopping Centre in…

Vietnam’s VinFast returns to Los Angeles Auto Show with four EV models

Vietnamese electric vehicle (EV) manufacturer VinFast on Thursday announced its participation in Los Angeles Auto Show 2022 (LA Auto Show 2022) from November 17 to 28, 2022, and will be showcasing its four EV models in the B-C-D-E segments.

VinFast wins Corporate Sustainability Award

VinFast has won the "Corporate Sustainability Champions" - ORIGIN Innovation Awards 2022. In addition to recognizing how VinFast's impacts align with the Sustainable Development Goals of the United Nations, the award affirms VinFast's commitment to "creating a sustainable future for everyone."

Igloo launches blockchain-based weather index insurance for rice farmers in Vietnam

Singapore-based insurtech Igloo, in partnership with PVI Insurance, Vietnam Meteorological and Hydrological Administration (VNMHA) and international reinsurer SCOR, on Tuesday announced the launch of the country’s first weather index insurance - a blockchain-based parametric index insurance product that automates insurance claims of rice farmers.

CALT and VinFast cooperate to promote global E-mobility

Contemporary Amperex Technology Company (CATL) and VinFast Trading & Manufacturing Joint Stock Company (VinFast) on Monday announced a Memorandum of Understanding for global strategic cooperation to expand collaboration in areas including CIIC (CATL integrated intelligent chassis) skateboard chassis products.

ADB leads $135M climate financing package to support electric mobility in Vietnam

The Asian Development Bank (ADB) mobilized a $135 million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam’s VinFast scoops Autobest The Rising Star award

VinFast, the first Vietnamese electric vehicle (EV) manufacturer, has received the Autobest The Rising Star award in a ceremony at the 2022 Paris Motor Show. The award is to recognise the rapid emergence of VinFast: from a newcomer to leading the pack of ambitious new automotive brands in Europe.

VinFast announces its headquarters in Germany, France & The Netherlands

Along with establishing its headquarters in France, Germany, and the Netherlands, as well as developing an extensive retail and service network, VinFast continues to seek a suitable location for a European manufacturing facility.

Vietnam’s Piktina raises $1M seed funding from Touchstone Partners

Piktina, an online marketplace for secondhand fashion in Vietnam, announced Tuesday it has raised $ 1 million in a seed round from Touchstone Partners, a Vietnam-focused venture capital firm.