VinFast

Eldest son of Vietnam’s richest man steps up as VinFast chair

Pham Nhat Quan Anh’s elevation signals a leadership transition in the country’s most powerful business empire

VinFast has abandoned work on the 712-hectare site in Chatham County for over a year, according to the statement.

North Carolina sues Vietnam’s VinFast over delayed EV project

The EV maker initially targeted to have the factory up and running by Jul 1 this year

Pham Nhat Vuong has personally contributed at least one-quarter of the US$17 billion of financing that has been deployed since VinFast was founded.

Vietnam’s richest man ploughs billions into EVs as his stock booms 1,000%

The majority of Vuong’s wealth is derived from Vingroup, his sprawling conglomerate

VinFast will retain its assembly plants in Indonesia and India, along with patents for its newest generation of EVs.
NEWS ANALYSIS

Vietnamese EV maker VinFast’s move to shift US$7 billion in debt raises ‘red flags’

With the manufacturing unit off its books, the company will become largely debt-free, Vingroup says

VinFast still faces challenges expanding overseas as well in an increasingly crowded EV market dominated by Chinese rivals.

VinFast seeks to shed most debt with Vietnam factory spinoffs

The company will separate its manufacturing operations into a standalone company

Following the restructuring, VinFast will retain its R&D, intellectual property, sales and after-sales operations.

Vietnam EV maker VinFast says it will undergo corporate restructuring

The deal is expected to close in the third quarter of 2026

Metro Manila is phasing out ageing combustion-engine cabs that rely on curbside pickups and street-hailing.

Philippine taxis hit by fuel price hikes get electric lifeline from VinFast, Grab

Manila’s cab industry is turning a volatile energy crisis into an opportunity for modernisation

VinFast's production facility in Karawang, Indonesia. The country was one of the overseas markets that the carmaker focused on last year.

VinFast eyes EV sales jump of five times in overseas market; taxi arm seen as key growth lever

Founder says Vietnamese carmaker’s Ebitda will break even by 2027, after cumulative losses of US$14.5 billion as at end-2025

VinFast aims to deliver at least 300,000 EVs globally in 2026.

VinFast quarterly loss widens as costs bite

Vietnamese EV maker expects to resume construction of a US manufacturing plant this year

Testing of the Robo-Car system is underway in controlled zones in Hanoi, with plans to expand trials to larger cities and overseas markets, the companies say.

VinFast teams up with Autobrains to develop low-cost self-driving tech

The partnership will also explore a new “Robo-Car” self-driving architecture