VinFast is a leading Vietnamese electric car manufacturer that promises to bring affordable & luxury electric cars with powerful engines. VinFast manufactures a portfolio of electric SUVs, e-scooters and e-buses in Vietnam and exports to the United States, Canada, and soon, Europe. In addition, VinFast is developing a wide range of vehicles, including electric cars, city cars, electric buses, and electric scooters. VinFast vehicles will be manufactured at a modern 335-hectare plant complex in Cat Hai, Hai Phong, northern Vietnam.
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- Founded: June 2017, Hanoi, Vietnam
- Traded as: Nasdaq: VFS
VinFast is a subsidiary of Vingroup, the largest private enterprise in Vietnam. With 25 years’ history, Vingroup is aiming to become a world-class Technology – Industry – Services corporation. VinFast is the first brand to be launched to carry out this plan. Deliveries of the first VinFast sedan and SUV cars will commence in Vietnam from September 2019.
Vingroup Corporation (Vingroup Group), formerly known as Technocom Group, was established in Ukraine in 1993 by young Vietnamese people who were active in the field of food and beverage. a great success with the Mivina brand. In the first years of the 21st century, Technocom is always on the list of Top 100 largest enterprises in Ukraine. Since 2000, Technocom – Vingroup has returned to Vietnam with the desire to contribute to the country.
With the mission of “For a better life for the Vietnamese”, Vingroup now focuses on seven core areas: Real Estate, Travel, Entertainment, Retail, Health, Education, Agriculture and Heavy industry.
Wishing to bring to market the products and services of international standards and new experiences of modern lifestyle, in any field, Vingroup also proves its pioneering role. change in consumer trends.
Vingroup is one of the leading private economic groups in Vietnam.
VinFast, Vietnam’s first volume car manufacturer and a member of Vingroup in Vietnam. With the ambition of building a world-class Vietnamese car brand, VinFast will launch two new car models, a sedan and a SUV at the 2018 Paris Motor Show. VinFast will have five car models including five-seater Sedan and seven-seat SUVs, compact cars, electric cars and electric buses, all scheduled for 2019.
Construction of VinFast’s state-of-the-art factory in Hai Phong began in September 2017 with a capacity of 100,000 to 200,000 units per year. VinFast cars will meet international standards and customer expectations. In order to increase the localization rate of products, VinFast has formed a localization zone, occupying about 30% of the total area of the complex to produce components and accessories for cars and motorbikes.