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The Latest Breaking News from Vingroup

Vietnam's VinSpace signs SpaceX launch deal

HANOI — VinSpace, a unit of Vietnamese conglomerate Vingroup, has signed ‌a launch contract with SpaceX for its satellite missions, the company said on Tuesday.

Bangkok Post

Vietnam's economy is one of the fastest-growing in the world. Can it make the leap into the ranks of middle-income countries?

Hanoi wants to grow the economy by 10% annually by the end of the decade--but does Vietnam have enough capital, labor, and infrastructure to meet these ambitions?

Fortune

The Southeast Asia 500 has a new engine: Vietnam

Thailand and Indonesia have the most companies on the list. But Vietnam is responsible for roughly a quarter of this year's total revenue growth.

Fortune

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VinFast Auto Q1 Earnings Call Highlights

VinFast Auto (NASDAQ:VFS) reported sharply higher first-quarter 2026 vehicle deliveries and revenue, while management said gross margin was pressured by accounting impacts tied to an expanded free-charging program and other adjustments. On the company’s earnings call, Chairman Pham Nhat Quan Anh sa

MarketBeat

VinFast's New Ultra-Luxury Models Look Great

The designs of the 'Lac Hong' models are fantastic. We'll see how they feel and drive in the real world, though.

InsideEVs

Vietnam’s planned petrol scooter ban for Hanoi raises fears for livelihoods

The government’s plans to bar petrol motorbikes from city centre next year have been widely greeted with scepticism.

Al Jazeera

California vs. Trump: The High-Stakes Fight Over Your Next Car

California and other states are fighting to save a 2035 ban on the sale of new gas cars. Plus: Vinfast says it's in it for the long haul.

InsideEVs

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Vietnam’s richest man vies to dethrone SE Asia’s ride-hailing king, Grab

Pham Nhat Vuong’s Xanh SM has big ambitions, but critics question its growth potential in fiercely competitive market.

Al Jazeera

2 EV Stocks to Sell Now, Despite the Fed's Big Rate Cut

While the Fed's jumbo rate cut is a positive for the broader markets and the automotive sector, VinFast and Nikola are two EV stocks that still don't look like buys.

Barchart

VinFast Delays North Carolina EV Plant To 2028 Over 'Economic Headwinds' And Not Any Other Reasons

The Vietnam-based startup automaker, already plagued with notorious reviews and scandals back home, is pushing back its U.S. factory.

InsideEVs

Vietnam's VinFast looks to tiny EV, priced at less than $10,000, to change its fortunes

Vietnamese automaker VinFast has a big problem: It just can’t sell enough cars

The Independent UK

VinFast Stock Forecast: Here’s the Good, the Bad, and the Ugly

VinFast stock is trading near its record lows. Here's the 2024 forecast for this struggling EV company, and the key factors that investors should watch.

Barchart

In Vietnam, VinFast's Critics Face The Police

At least two different critics have been questioned by Vietnamese authorities for criticizing VinFast. What does this mean for the brand's U.S. aspirations?

InsideEVs

Vietnam, Philippines sign deals on security in disputed South China Sea

Agreements to boost cooperation between coastguards, maritime security and trade likely to anger China.

Al Jazeera

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Top News

VinFast to Build Billion EV Factory in India

VinFast, the Vietnamese automaker, plans to invest billion in building an electric vehicle factory in India, further expanding its global reach.

Zenger

Tesla Bull Ives Sees This Rival EV Startup Shooting Up X% As He Initiates Coverage With ‘Outperform’ Rating

VinFast Ltd. snagged a bullish recommendation even as some on the Wall Street calling for a collapse in stock price

The Independent UK

Vietnam's Vinfast committed to selling EVs to US despite challenges, intense competition

Vietnamese automaker Vinfast has plunged right into the crowded and hypercompetitive U.S. auto market, gambling that if it can sell its electric vehicles to finicky Americans, it can succeed anywhere

Fortune

VinFast, Vietnam's answer to Tesla, unveils a $623M quarterly loss almost 2 months after its wild Nasdaq debut

Over half of VinFast's sales last quarter were to a taxi company owned by the EV maker's founder, Pham Nhat Vuong.

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The Guardian - UK

Loss-making carmaker VinFast valued at more than Ford and BMW

Company founded by Vietnam’s richest man achieved $85bn valuation despite scathing early reviews of its electric vehicles

The Independent UK

The little-known Vietnamese electric vehicle maker that’s now valued at more than Ford or GM

EV maker, which has been in losses, opened at $22 but closed above $37 each in first day of trading

InsideEVs

VinFast Expects Sales Surge, Sees Opportunity To Break Even

VinFast recently said it will hit the US stock market via a SPAC that will close this year. This is the first guidance the company has provided since then.

Bangkok Post

Central 'eyeing Vietnamese mall operator'

Thailand’s Central Group is said to be a possible candidate to acquire a stake in the shopping mall arm of Vingroup, Vietnam’s largest conglomerate, five sources told Reuters on Wednesday.

InsideEVs

VinFast Delays Its US EV Plant, Says It Needs More Time

The original plan was to have the $4 billion facility in Chatham County, North Carolina operational by July 2024, but now the Vietnamese Vingroup cited a procedural delay.

InsideEVs

VinFast Founder Stops Putting His Own Money Into The EV Maker

Billionaire Pham Nhat Vuong has no plans as yet to invest more into VinFast even though the firm falls behind on US factory construction plans and cuts staff.

InsideEVs

VinES And Gotion High-Tech Build LFP Battery Factory In Vietnam

VinES Energy Solutions Joint Stock Company (VinES) and Gotion High-tech officially broke ground at the joint venture battery factory in Vietnam.

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