VinFast is a Vietnamese automotive manufacturer founded in 2017 as a subsidiary of Vingroup, the largest conglomerate in Vietnam. The company made history as Vietnam's first domestic car manufacturer with a vision to become a global player in the automotive industry. VinFast quickly gained attention by launching its first models, the LUX A2.0 sedan and LUX SA2.0 SUV, which were developed in collaboration with renowned international partners for design and engineering.
VinFast has rapidly built a state-of-the-art manufacturing complex in Hai Phong, Vietnam, with a focus on applying advanced technologies and adhering to international quality standards. The company's product lineup has expanded to include a range of vehicles, including electric scooters and buses, demonstrating its commitment to diversified mobility solutions. VinFast emphasizes innovation, quality, and customer satisfaction as key pillars of its growth strategy.
In line with global trends towards sustainability, VinFast has made a strategic shift towards electric vehicles (EVs). The company unveiled a series of electric SUVs, including the VF e34, VF 8, and VF 9, aiming to compete in both domestic and international markets. VinFast has announced plans to expand into the North American and European markets, with intentions to build manufacturing plants abroad. This aggressive push into the EV sector underscores VinFast's ambition to become a significant global competitor in the electric mobility space.
CEO | Lê Thị Thu Thủy |
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Founded | 2017 |
Market Cap / Stock Symbol | 40b$ / VFS |
Headquarters | Hai Phong, Vietnam |
Website | https://vinfastauto.com |