Tag: VinFast

By on November 18, 2021

A foreign automaker that’s not well known in America comes to a major auto show and announces plans to sell cars in the States, showing off a couple of models and promising on-sale dates that seem both ambitious and yet not unreasonable.

Stop me if you’ve heard this story before.

(Read More…)

By on June 14, 2019

Real-estate conglomerate Vingroup JSC’s auto unit, VinFast, rolled out its first model today, which also means Vietnam officially has a automaker. Starting with the Fadil hatchback, VinFast eventually plans to produce a sedan, sport utility vehicle, and some electric motorbikes.

VinFast’s primary goals include flexing Vietnam’s burgeoning industrial abilities while supporting the country with affordable vehicles citizens might be interested in. Easier said than done when the nation’s average annual income is around $2,600. Yet Vietnam is growing by leaps and bounds, supplying more individuals with the means to purchase their own car.  (Read More…)

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