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The Latest Breaking News from Pham Nhat Vuong

VinFast Pivots Away From America And Europe

VinFast's losses have it pivoting toward countries like the Philippines and Indonesia. Also, used EV sales are way, way up for July.

InsideEVs

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

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

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read the most diverse news in one place.

Vinfast Plans First EV Factory In India

Vietnamese carmaker VinFast said it will build its first electric vehicle factory in India as part of a planned $2 billion investment, as it looks to expand into the rapidly growing market.

International Business Times

VinFast To Build India EV Plant, Invest $2 Billion; Founder Returns As CEO

Vietnam's VinFast Auto has signed a deal in India to set up an EV plant. Meanwhile, founder Pham Nhat Vuong will step in as CEO.

Investors Business Daily

BYD's Next Stop: World Domination

The automaker that just dethroned Tesla in the EV sales race has bigger plans than you may realize.

InsideEVs

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

The Independent UK

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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.

Fortune

Watch out, Elon—Vietnam’s new carmaker nips at Tesla’s heels

Some experts doubt VinFast's near $100 billion market cap is really reflective of the company's underlying value.

Fortune

EV startup from Vietnam with barely any sales and horror reviews is now worth more than Ford and GM

VinFast’s Nasdaq trading debut on Tuesday made Vingroup founder Pham Nhat Vuong a very wealthy man.

Fortune

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 Guardian - 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

The Independent UK

Why is VinFast going public via a SPAC instead of a traditional public offering?

VinFast, the high-spending Vietnamese automaker with bold plans in North Carolina, has for months sought a path to the stock market. It’s now poised to take an alternative route to get there.

Tribune News Service

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

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Bangkok Post

EV Startup VinFast Hits U.S. With Novel Pricing Strategy

Vietnam's Vingroup JSC became a corporate juggernaut in its home country, operating everything from luxury resorts to hospitals, shopping malls and supermarkets.

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