VINFAST - Eagle News

Tag: VINFAST

Vietnam confirms recall of nearly 6,000 VinFast electric cars

March 22, 2024

HANOI, March 22, 2024 (AFP) – Vietnam’s leading electric car manufacturer VinFast has recalled almost 6,000 vehicles after a fault in their indicator system was discovered, the government has confirmed, in a fresh blow to the firm. The communist state’s first homegrown auto maker is hoping to compete with electric vehicle (EV) giants such as Tesla, and is trying to crack the global market. But VinFast has struggled to convince international drivers its EVs are […]

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Vietnam EV maker VinFast reports $2 billion net loss in 2023

February 22, 2024

HANOI, Feb 22, 2024 (AFP) – Vietnamese electric vehicle maker VinFast on Thursday reported a net loss of more than $2 billion in 2023 after missing its sales target, despite a 90 percent increase in revenue. The communist state’s first homegrown car manufacturer is trying to crack the international market, aiming to compete with global EV giants such as Tesla. VinFast said in a filing submitted to the US Securities and Exchange Commission that its […]

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