Pham Nhat Vuong, the founder and chairman of Vingroup - Vietnam's largest private conglomerate, has established three new holding companies over the past year that aim to assist the long-term financial needs of its various business divisions. This move demonstrates Vuong's continued commitment to
Electric vehicles (EVs) are becoming increasingly popular as their operating costs are reported to be lower compared to internal combustion engine (ICE) vehicles. However, what does it actually cost to operate an EV over long distances?
According to the latest financial statements, although VinFast's total assets are smaller than other major Vietnamese groups such as Vingroup, Vinhomes, Hoa Phat and Masan, its equity value surpasses and is only second to Vietcombank in Vietnam.
The presence of Vietnamese automaker VinFast at the 2024 Indonesia International Motor Show (IIMS) has made a strong impression on industry veterans in the Southeast Asian nation. According to experts, VinFast holds several competitive advantages that could help them penetrate the Indonesian
VinFast is a Vietnamese automobile manufacturer headquartered in Hanoi, Vietnam. The company manufactures and sells a range of passenger cars and electric buses/trucks. One of VinFast's electric passenger car models is the VF e34 electric SUV.
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For a long time, the only way for investors to access the Southeast Asian market was to buy Sea shares. Today, with the appearance of Grab, VinFast, and possibly VNG, more and more companies are helping investors increase their opportunities to access the market.
VinFast CEO Le Thi Thu Thuy said the recent VFS stock price fluctuations are not worrying. VinFast's leader affirmed that she was "not surprised" by this because she has faith in the potential of the Vietnamese electric car company.
Following the swings when VinFast launched shares on the US stock exchange, both Forbes and Bloomberg accurately evaluated billionaire Pham Nhat Vuong's holdings.
With tax reduction and policy relaxation; Some key taxpayers reduced revenue such as VinFast Business Co., Ltd; Hai Phong Thermal Power Joint Stock Company, etc. It is estimated that in the second quarter, Hai Phong city's budget revenue will decrease by up to 700 billion VND.
With a valuation of 23 billion USD after the combination with Black Spade, VinFast will be the world's third largest electric car manufacturer in terms of market capitalization, behind only Tesla and Li Auto.
Vingroup, chaired by billionaire Pham Nhat Vuong, set a record high revenue target and focused on promoting the VinFast project in the US.