VinFast Auto Ltd announces new distribution agreement with LORET Group to expand European network

Reuters
2025.10.17 06:30
portai
I'm PortAI, I can summarize articles.

VinFast Auto Ltd. has entered a distribution agreement with LORET Group to enhance its network in the French Overseas Territories. LORET Group will establish sales channels for VinFast's VF 6 and VF 8 SUVs, with the agreement lasting up to five years. The partnership aims for a growth target of 100% by 2026, adjusting product volumes based on market performance. VinFast is also expanding its dealer showrooms in France and Germany.