VinFast delivers over 400 electric cars in Feb
HCMC – Vietnamese automaker VinFast last month handed over 266 VF8 and 150 VF e34 electric cars to local customers, meeting its sales target for the month, according to the firm’s February sales report released today, March 14. In the first two months of the year, the company delivered 774 VF8 and
LG Electronics opens R&D center in Hanoi
HCMC – South Korean electronics conglomerate LG has put a research and development (R&D) center into operation in Hanoi City to boost its investment in the auto parts industry. The firm said on March 9 that it would step up R&D activities in Vietnam to serve the rapid growth of the
Becamex IDC seeks tenants for WTC Tower
HCMC – The Binh Duong Province-based multidisciplinary corporation Becamex IDC yesterday, March 8, signed agreements with local businesses seeking to operate at the WTC Tower in the southern province. The signings marked the launch of the WTC Tower, a 30-story office and commercial complex, part
Vingroup establishes EV rental business
HCMC – Pham Nhat Vuong, chairman of Vietnamese conglomerate Vingroup, yesterday, March 6, announced the establishment of Green-Smart-Mobility JSC (GSM), which will use VinFast electric vehicles and scooters for rental and taxi services. GMS is reportedly the world’s first multi-platform green
FLC to sell stake in Bamboo Airways
HCMC – Vietnamese conglomerate FLC Group plans to sell its stake in local carrier Bamboo Airways as part of its business restructuring plan, said FLC board chairman Le Ba Nguyen at an extraordinary general meeting last weekend. This year, FLC is set to reshape its business strategy, focusing on
Vinfast delivers first 45 autos in U.S.
HCMC – VinFast delivered 45 electronic vehicles VF8 City Edition to customers in California yesterday, March 2 (Hanoi time), marking its first sales outside of Vietnam. The Vietnamese automaker will continue offering in-store and doorstep delivery services across the U.S., with special incentives
Tetra Pak Binh Duong achieves AA+ certification from BRCGS
HCMC – Sweden-based food processor and packager Tetra Pak has received an AA+ rating from the BRCGS quality management system standard for its facility in the southern province of Binh Duong. Tetra Pak Binh Duong was the first and only plant to get the AA+ grade rating among 82 factories in
FLC Group gets new general director
HCMC – Le Tien Dung, board chairman at FLC Faros Construction JSC (FLC Faros), a subsidiary of FLC Group JSC, has been picked as new general director at FLC Group with effect from today, March 2, replacing his predecessor Bui Hai Huyen. Dung, 46, has many years’ experience in the electricity
VinFast to deliver electric cars to U.S. buyers tomorrow
HCMC – Vietnamese automaker VinFast will start handing over the first VF8 City Edition electric cars to customers in the United States tomorrow, March 1. The handover ceremony will be held at VinFast’s auto showroom in California, marking the automaker’s operation expansion in the global market,
FLC’s general director, two deputy general directors resign
HCMC – FLC’s Vice Chairwoman and General Director Bui Hai Huyen and two other deputy general directors, Dam Ngoc Bich and Le Thi Truc Quynh, tendered their resignations today, February 27. Bui Hai Huyen, aged 47, was appointed general director in March 2020. She had also served as vice chairwoman
Nestlé Vietnam boosts export of high-quality Vietnamese products
HCMC – Nestle Vietnam planned to increase production and diversify the list of export products, especially high-quality ones. The company’s exports are also expected to continue to grow by double digits in 2023. Nestle Vietnam has been striving to expand the production of high-value products like
Novaland swaps bonds for shares
HCMC – Property developer Novaland has transferred its shares in subsidiaries to a bondholder in exchange for a volume of its cancelled corporate bonds and warrants. The company reached an agreement with Dallas Vietnam Gamma Ltd to reduce outstanding bonds and warrants through a swap arrangement,