VinFast

Vietnam’s Vingroup to develop US$3 billion ecosystem in Telangana, strengthens India push

VinFast, despite its ongoing global expansion, continues to report widening losses

The plant in southern India is VinFast’s third factory and its first outside Vietnam.

VinFast to invest US$500 million in India to expand manufacturing

The company plans to increase production to 150,000 annually within a year and double it in the next three years

Together, the "Vin trio" make up more than a fifth of the Ho Chi Minh City Stock Exchange’s total market capitalisation.

Vietnam’s stock-market rally has one name behind it

Vingroup and its two listed offshoots are behind much of the VN-Index’s 36% gain this year

A VinFast VF 8 model is seen during a car delivery ceremony at the VinFast car factory in Haiphong province.

VinFast’s quarterly loss widens on hefty spending

The company signed two loan facilities during the quarter, totaling US$250 million

Vingroup, owner of EV maker VinFast, in October set up a subsidiary to produce steel for civil works, after bidding for the high-speed railway.
ANALYSIS

Vietnam’s push for ‘chip-to-ship’ conglomerates raises red flags

Central bank, finance ministry, Fitch flag financial risks and investors remain cautious, fear favouritism

The deal is the latest in a string of borrowings by Vingroup and its subsidiaries for interests ranging from real estate to private education.

Vingroup seeks US$500 million private credit for EV charging ports

China dominates the global public charging market with over 850,000 installations last year, more than double the installations in the rest of the world

Petrol motorcycles dominate Vietnam’s market, one of the world’s largest.

Honda’s grip on Vietnam motorcycle market looks shaky on EV switch

The world’s largest manufacturer of motorcycles is also producing electric models but it is not clear how many it sells in the country

VinFast's EV manufacturing factory in Hai Phong, Vietnam. VinMetal's core product lines will include hot-rolled steel, high-strength steel, and specialised alloy steel for EVs.

Vingroup’s 10 trillion dong steel venture to supply materials for rails, EVs, real estate

VinMetal will initially prioritise supplying materials for the conglomerate’s ecosystem

Pham Nhat Vuong has already pumped more than US$2 billion of his own money into the EV maker and has said that he’s willing to support it until his money runs out.

VinFast plans US plant in 2028 as it seeks equity backers

The automaker expects to open another assembly plant in Indonesia’s West Java by October