Automobile Manufacturers

VinFast Auto

Green SM Plans to Deploy 18,497 VinFast EVs in Philippines

VinFast Deepens EV Presence in the Middle East with Technology and Smart Mobility

VINFAST Launches VF MPV 7 in the Philippines

VinFast Set to Break Even Next Year, Aiming for 300,000 Deliveries This Year

Vietnamese EV Maker VinFast Predicts EBIT Break-even in 2027

VinFast partners with 14 motorcycle distributors to advance electric scooter supply

Vietnam to Extend EV Tax Breaks Through End of 2030

Vietnam VinFast Partners with Philippine Electric Scooter Dealers

Lavi Taxi plans to add 2000 EVs

VinFast Launches High-End Electric Model in India and Expands Retail Network

VINFAST to Provide Free Charging Services in India Until March 2029

VinFast Reports 127% Year-over-Year Growth in March 2026 EV Deliveries, Totals 27,609 Units

VinFast Auto Plans to Launch Three Electric Scooters in India

VinFast received over 135,000 orders for electric scooters and shipped over 93,000 to Vietnam

VinFast Launches Electric Scooters in India's Two-Wheeler Market

VinFast Postpones Break-Even Target to After 2027

VinFast Auto released FY2025 earnings on March 16 Pre-Market (EST), actual revenue USD 3.467 B (forecast USD 3.206 B), actual EPS USD -1.5906 (forecast USD -1.404)

VinFast Auto released FY2025 Q4 earnings on March 16 Pre-Market (EST), actual revenue USD 1.493 B (forecast USD 1.127 B), actual EPS USD -0.6101 (forecast USD -0.36)

VinFast to Expand Electric Vehicle Production in Vietnam and Assess India and Indonesia Market

VinFast Auto to release FY2025 Q4 earnings on March 16, 2026, pre-market EST; forecast revenue USD 1.139 B, EPS USD -0.36

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VinFast has secured a significant order for 1,500 electric vehicles from Taxi Huong Giang, aimed at transitioning the taxi fleet to zero-emission vehicles. This agreement, signed on May 11, will expand Taxi Huong Giang's fleet to over 2,000 EVs, enhancing its partnership with Green SM, Vietnam's leading ride-hailing service. The new EVs may include various models priced between 269 million to 749 million dong, with ranges from 175 to 450 kilometers. The collaboration emphasizes the shift towards green mobility in Vietnam.

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Vietnam: VinFast secures major order for 1,500 EVs

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V-GREEN, a Vietnam-based charging infrastructure company, has partnered with the Provincial Government of Bataan and Clean Fuel in the Philippines to enhance EV charging and battery swapping infrastructure. The initiative aims to deploy 600 charging stations and 1,200 battery swapping stations across Bataan, promoting electric vehicle adoption. The collaboration also includes developing charging stations at Clean Fuel's high-traffic locations in Cavite, supporting VinFast's upcoming electric scooter launch and enhancing convenience for existing users.

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V-GREEN partners with local authorities, businesses in the Philippines to advance EV infrastructure

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Vietnam aims to develop globally competitive economic groups, targeting 2 million active enterprises by 2030, including 20 large corporations in global value chains. Recent resolutions emphasize building strong state-owned enterprises and enhancing private sector capabilities. Notable companies like VinFast and THACO exemplify this ambition. However, experts warn that many enterprises remain small and weak, necessitating a shift in support policies towards targeted assistance for leading businesses. Mastering technology and strategic industry selection are crucial for Vietnam's economic advancement.

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Việt Nam eyes globally competitive economic groups

Green SM, a Vietnamese electric taxi operator, plans to deploy up to 18,497 VinFast EVs across the Philippines, marking a significant bulk deal. The initiative involves partnerships with 75 local transport companies, focusing on cleaner vehicle adoption. The fleet will include VF 5/Herio Green and Limo Green models, with operations expected to commence in phases throughout the year. CEO Nguyen Van Thanh emphasized the goal of advancing electric mobility sustainably.

Green SM to deploy more than 18,000 VinFast EVs across the Philippines

VinFast, Vietnam's electric vehicle maker, has added 29 aftersales partners during its Global Business Conference from May 4 to May 10, 2026, as part of its global expansion strategy. The company aims to establish nearly 1,100 service workshops worldwide by 2026, enhancing its electric vehicle ecosystem with standardized training, quality control, and customer support policies.

Vietnam’s EV maker VinFast adds 29 aftersales partners per global expansion strategy

GSM Green and Smart Mobility JSC, in collaboration with 75 transport companies in the Philippines, will deploy 18,497 VinFast electric vehicles for passenger transport. This initiative is part of GSM's expansion strategy in the Philippines, focusing on a partnership model that combines its platform with local operations. The deployment will include various VinFast models and is expected to begin phased operations by 2026.

Ride-hailing service GSM, local dealers to deploy 18,497 EV Vehicles in Philippines

VinFast plans to sell two Vietnamese factories to reduce its debt by approximately 182 trillion dong (S$8.8 billion) and aims to become nearly debt-free post-restructuring. The company expects to reach profitability in its domestic market by 2027. The restructuring will separate manufacturing operations into a standalone entity, allowing for production for other automakers while prioritizing VinFast's orders. This move may also alleviate the debt burden on parent company Vingroup, which has total debts of about 358 trillion dong.

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VinFast seeks to shed most debt with Vietnam factory spinoffs

VinFast is restructuring by selling its manufacturing facilities to a group led by its founder, Pham Nhat Vuong, aiming for an "asset-light" model. The deal, valued at approximately $530 million, will allow VinFast to focus on R&D and international expansion while the new entity continues producing VinFast vehicles. The transaction is expected to close in Q3 2026, pending approvals. VinFast reported a net loss of $1.34 billion in Q4, with plans to achieve EBITDA breakeven by 2027.

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Vietnam EV maker VinFast to undergo corporate restructuring

Major domestic carmakers in Vietnam, including Thaco, VinFast, and TC Group, are urging authorities to maintain current business conditions for the automobile industry. They warn that proposed reforms to remove manufacturing and assembly from conditional business lines could weaken domestic production and increase vulnerability to cheap imports. The Vietnam Chamber of Commerce and Industry supports the proposal, arguing that existing conditions create high entry barriers and limit competition. The debate highlights divisions among policymakers and industry experts regarding the balance between fostering local manufacturing and encouraging innovation in emerging automotive technologies.

Auto industry split over proposal to scrap business conditions

VinFast, a Vietnamese electric vehicle manufacturer, plans to sell its domestic manufacturing unit for approximately $530 million as part of a restructuring to adopt a more capital-efficient model. The restructuring involves creating a new entity, VinFast Vietnam JSC, which will manage R&D, intellectual property, and overseas subsidiaries. The existing manufacturing subsidiary, VinFast Trading and Production JSC, will retain certain assets and liabilities. The deal is expected to be finalized by Q3 2026, pending necessary approvals, and aims to enhance VinFast's focus on product development and global sales.

VinFast to sell Vietnamese manufacturing unit in $530 million restructuring move

VinFast Auto(VFS.US)