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Search Result for “vinfast”

Showing 1 - 10 of 49

BUSINESS

Vietnam auto manufacturer to set up $130m EV battery plant with China's BYD

Reuters, Published on 27/01/2026

» HANOI — Vietnam auto manufacturer Kim Long Motor said on Tuesday that ‌it was partnering ​with China's BYD (Build Your Dreams) to develop a US$130 million plant to produce batteries for commercial electric vehicles (EVs) in central Vietnam.

BUSINESS

Vietnam's push for 'chip-to-ship' conglomerates raises red flags

Reuters, Published on 05/11/2025

» HANOI — Two days after Vietnam's top leader called on local private companies to help build infrastructure, listed conglomerate Vingroup stepped forward to develop a US$70 billion nationwide high-speed railway and build the trains to run on it.

BUSINESS

Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda

Reuters, Published on 21/10/2025

» HANOI/TOKYO — The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a US$4.6 billion market that is dominated by Honda, according to documents reviewed by Reuters and seven people familiar with the matter.

BUSINESS

Asian shares rise as Chinese sell-off eases

Business, Nuntawun Polkuamdee, Published on 06/09/2025

» RECAP: Asian markets mostly gained on Friday after an intense sell-off of Chinese equities eased, amid reports the country's financial regulators could intervene to slow the dumping. A Wall Street stock rally also lifted sentiment.

OPINION

Thailand must redefine FDI for future

News, Peerasit Kamnuansilpa, Published on 14/08/2025

» Thailand's economic future looks increasingly uncertain. Once a rising star among emerging markets, the country now faces persistent stagnation. A key reason lies in how we have treated foreign direct investment (FDI) -- not as a strategic lever for national economic development but as a short-term fix driven by rent-seeking behaviour, bureaucratic collusion, and a failure to safeguard the nation's long-term economic interests and its goals for equitable development.

BUSINESS

China’s EV makers are facing a reality check in Southeast Asia

Published on 03/03/2025

» On a recent Thursday morning in Hanoi, Chinese electric vehicle giant BYD began the day with a showroom devoid of customers. Just a few kilometres away, a dealership for upstart Vietnamese EV maker VinFast Auto was buzzing, with would-be buyers pouring over new models.

BUSINESS

EV overview shows sales growth slowing

Published on 04/01/2025

» Electric vehicle (EV) sales in Thailand slowed considerably in 2024 following explosive growth of 320% in 2023, as a reduction in incentives offered to consumers and stricter loan requirements negatively impact the pace of adoption.

WORLD

Super Typhoon Yagi hits Vietnam after killing two in China

Reuters, Published on 07/09/2024

» HANOI - Asia’s most powerful storm this year made landfall in northern Vietnam on Saturday, killing at least four people after tearing through the Chinese island of Hainan and the Philippines.

BUSINESS

Traders on sidelines awaiting signals from Fed chief

Business, Published on 24/08/2024

» RECAP: Trade was subdued in most Asian stock markets yesterday while the dollar rebounded from one-year lows, as investors were cautious ahead of a major speech by US Federal Reserve chairman Jerome Powell.

BUSINESS

VinFast delays Thai dealerships amid global EV sales slowdown

Bloomberg News, Published on 22/08/2024

» HANOI - Vietnamese electric-vehicle (EV) maker VinFast Auto Ltd is postponing the opening of its Thailand dealership network amid a broad slowdown in passenger car sales in Southeast Asia's second-largest economy.