Vietnam’s VinFast to focus on US, European EV markets before expanding in Southeast Asia

VinFast owns an automotive manufacturing complex that boasts up to 90 percent automation in Hai Phong, Vietnam. Capacity is 250,000 cars annually.

Vingroup collaborates with Intel, signs agreement to develop advanced technologies

Vingroup announced on Tuesday that it has signed a Memorandum of Understanding with Intel to create a wide range of advanced computing systems including 5G enabled smart city and smart building solutions, smart manufacturing processes, cloud services and AI as well as ADAS based on Mobileye technology.

Vietnam’s EV maker VinFast’s IPO may be delayed till next year – report

The IPO is planned for the fourth quarter of this year.

VinFast seeks financing from US government for expansion – report

The news came after VinFast announced recently that its Singapore-based holding company had filed for an initial public offering (IPO) with US securities regulators.

Vietnam’s Vingroup starts construction on $173.7M EV battery manufacturing factory

Vingroup has started the construction of the $173.7 million electric vehicle (EV) battery manufacturing factory in Vietnam. The VinES Battery Manufacturing Factory which is located in the Vung Ang Economic Zone (Ha Tinh), is being developed on 8 hectares in its initial phase. The establishment of this factory represents an important milestone in its EV…

Vingroup seeks to list car unit in US in 2H2022 to raise at least $3B – report

Vingroup had set up a Singapore-based holding company owning a stake in Vinfast's operations in Vietnam to fuel the IPO process.

VinFuture Prize

Vietnamese billionaire launches VinFuture Prize to support R&D and tech innovations, pledges $4.5M annual funding

VinFuture Foundation, a charitable trust associated with one of the biggest conglomerates in Southeast Asia, Vingroup, has officially launched The VinFuture Prize on December 20, 2020 coinciding with the celebration of the International Solidarity Day.