VinFast

Green GSM has launched an all-electric taxi service across Cagayan de Oro and nearby Northern Mindanao areas, including airport transfers.

VinFast, the electric vehicle (EV) maker under Vietnam's conglomerate Vingroup, will merge back in Tuong Lai, an affiliated firm it spun off a year ago, lifting its registered capital to about VND214 trillion ($8.2 billion).

Italy's export-credit agency SACE has guaranteed a $200 million loan for VinFast's Vietnamese unit, in order to expand Italian exports to Vietnam as the electric-vehicle (EV) maker seeks capital.

VinFast, the Nasdaq-listed Vietnamese electric-vehicle (EV) maker, will buy a real-estate company from its founder, billionaire Pham Nhat Vuong, for about $1.2 billion, in order shore up its finances.

Pham Nhat Vuong, the founder of Vietnam's electric vehicle (EV) manufactuer VinFast, has handed the top executive roles at his electric-vehicle maker VinFast and its affiliated ride-hailing company GSM to his two sons.

VinFast has signed agreements with 13 dealer partners to develop 27 new showrooms across the Philippines as it targets a 60-dealership network in 2026.

Green GSM Philippines is holding a September 12 to 14 driver partner festival expected to draw up to 5,000 people, with 1,000 EVs set for handover.

VinFast's main Vietnamese manufacturing company, VinFast Trading and Production JSC (VFTP), has become 100 percent domestically owned after its Nasdaq-listed, Singapore-based parent VinFast Auto Ltd divested its stake.

Green GSM has launched a premium seven-seat electric taxi service using VinFast Limo Green vehicles in four Metro Manila cities.

Electric-vehicle (EV) maker VinFast, under Vietnamese conglomerate Vingroup; and Gowa Motor Group, an Indonesian automotive group, will form a joint venture to develop VinFast's dealership network in Indonesia, targeting at least 30 showrooms and service centers.