Media OutReach Newswire

2024-10-17 15:40

VinFast and Vingroup: A Long-Term Visionary for a Greener Future

Through VinFast and Vingroup, Vietnam's wealthiest individual has demonstrated a commitment to building a sustainable future by prioritizing long-term success over short-term gains. This visionary approach allows the companies to take a long view, addressing the challenges inherent in the electric vehicle industry and contributing to a greener tomorrow. By focusing on sustainability, VinFast is positioning itself as a global warrior in the fight for a cleaner environment.

HANOI, VIETNAM - Media OutReach Newswire - 17 October 2024 - Vietnam's economic growth is mirrored in the success of domestic conglomerates like Vingroup. This diversified giant, the parent company of VinFast, contributes an estimated 1.6 percent of Vietnam's 2023 GDP. Operating across technology-industry, trade & services, and social enterprise, Vingroup has seen its real estate and electric vehicle divisions emerge as key revenue drivers.

VinFast EV manufacturing complex in Hai Phong, Vietnam.

Vietnam's manufacturing sector has flourished, attracting global companies seeking to diversify their supply chains. Low labor costs, a skilled workforce, and an open investment climate have fueled this growth. However, Vietnam has long harbored ambitions of developing its own independent automotive industry, including a domestic supply chain.

Beyond Profits: VinFast's Commitment to Sustainability

In a recent Bloomberg interview, Pham Nhat Vuong, the CEO of VinFast and Chairman of Vingroup, offered a surprising response when questioned about his company's long-term financial commitment.

"Until I run out of money," Mr. Vuong declared, speaking from Vingroup's Hanoi headquarters. His statement marked a stark departure from the short-term profit focus often associated with business leaders. Instead, it revealed a deep-seated dedication to VinFast's long-term vision, positioning the company to potentially withstand the challenges currently facing the electric vehicle industry.

Mr. Vuong's vision for VinFast extends beyond mere business considerations. As Bloomberg reported, he described the project as a "devotion project," emphasizing his personal commitment.

His inclusion in the list of the world's 50 most powerful automotive figures underscores VinFast's growing influence in the global automotive sector. The company's global expansion plans have the potential to further amplify its impact as the electric vehicle industry continues to evolve.

Diverse Products and Smart Sales Strategies

VinFast's global ambitions extend beyond market share. The Vietnamese carmaker, under its founder's leadership, is playing a key role in pushing the electric vehicle revolution forward on a global scale, overcoming various headwinds and uncertainties.

Rising interest rates, a weakening global economy, and potential declines in consumer confidence pose challenges to the electric vehicle market.

VinFast, however, offers a comprehensive electric mobility ecosystem, encompassing eight smart electric car models, one electric bus model, nine electric motorcycle models, and one electric bicycle model.

Its passenger car lineup caters to diverse consumer needs and budgets, ranging from mini e-SUVs to full-sized electric SUVs. At CES 2024, the company unveiled its innovative midsize pickup truck concept.

To ensure supply autonomy and gain a competitive edge in international markets, VinFast is constructing electric vehicle plants in the United States, India, and Indonesia.

In addition to manufacturing, VinFast is aiming to become a comprehensive mobility solutions provider, offering battery subscription options. This mechanism brings the upfront price of VinFast vehicles and the monthly running cost down in line with or even more competitive than many gas-powered vehicles on the market today.

In May 2024, VinFast achieved a significant milestone by becoming the first Vietnamese company to be ranked among the Top 100 most influential companies globally by TIME magazine.

As the world transitions to sustainable transportation, VinFast's multi-market, multi-product strategy positions it to navigate the challenges and uncertainties of the global automotive landscape./.


Hashtag: #VinFast #Vingroup #EV


發佈者對本公告的內容承擔全部責任

source: VinFast

【香港好去處】2025去邊最好玩?etnet為你提供全港最齊盛事活動,所有資訊盡在掌握!► 即睇

人氣文章
最近7天
1
高息定存 | 6個月港元定存3.8厘新高,188日快閃優惠3.68厘
2
高息定存 | 富邦推快閃定存優惠3個月3.9厘,華僑188日3.68厘
3
港股 | 蕭猷華:內地AI發展迅速,阿里巴巴股價看俏
4
港股 | 蕭猷華:恒指料退守至18600點,宜逢低吸納
5
內銀股 | 人行再提擇機減息降準,內銀獲中金唱好,應該點部署?
6
大國博弈 | 【FOCUS】騰訊商湯寧德重挫,CMC清單劍指軍民融合
7
加州山火 | 【FOCUS】洛杉磯烈火焚城,天災背後藏人禍
8
新股掛牌 | 布魯可首日掛牌升41%,每手賺7395元
9
高息定存 | 一周高息合集,銀行高息搶存,富邦1個月4.88厘,華僑1年期3.6厘
10
高息定存 | 一周高息合集,恒生1個月定存4厘,工銀亞洲3個月最高5厘
11
英偉達 | DeepSeek衝擊AI晶片行業結構 英偉達暴跌仍未急抄底
12
高息定存 | 渣打特選客6個月3.48厘,建行亞洲推1個月6.18厘高息吸客
13
高息定存 | 花旗3個月港元定存息加至4厘,信銀國際3.88厘
14
一本萬利 | 2025年的五個「勿」(有片)
15
互聯支付 | 黃俊碩:轉數快與IBPS互聯支付所產生的發展契機
16
環球央行 | 歐洲央行宣布再次減息0.25厘,符合市場預期
17
高息定存 | 一周高息合集,銀行高息吸客,低門檻10萬享6.18厘,3個月最高5厘
18
港股 | 蕭猷華:恒指春節前目標21500點
19
財政預算案2025 | 羅兵咸料本財年財赤948億,財政儲備降至紀錄新低
20
專訪|洪灝:美股更大跌幅在前面,恐需習慣4%通脹(有片)
21
神州經脈 | 基金賣股票據報受限,滬指連跌四日,人行穩匯率
22
習近平應約與特朗普通電話,特:冀盡快與習見面
23
加州山火 | 美國洛杉磯大火失控,被迫撤離人數增至18萬
24
【FOCUS】去年貿易順差破紀錄,中國擴消費增緊迫感
25
【FOCUS】侵侵就職倒數一周,美元及油價劇本臨揭盅
26
高息定存 | 一周高息合集,部分銀行逆市加息,南商3個月加至3.8厘
27
加州山火造成超500億美元損失,大量房主未買保險
28
賣地計劃 | 政府今季推一幅東涌住宅地涉745伙,全年供應不達標
29
雷賢達觀點 | 香港篇:恒指年波幅料六千點,港須全面融入大灣區
30
新世界 | 摩通:新世界若債務違約或打開行業「潘朵拉盒子」
專業版
HV2
精裝版
SV2
串流版
IQ 登入
強化版
TQ
強化版
MQ

【etnet 30周年】多重慶祝活動一浪接一浪,好禮連環賞!

【蛇年行大運 新年好賞「飾」】etnet賞太歲開運趨吉避凶神器

etnet榮獲HKEX Awards 2023 「最佳證券數據供應商」大獎

貨幣攻略

大國博弈

說說心理話

聖誕新年特輯

Watch Trends 2024

北上食買玩

Art Month 2024

秋天養生食療

山今養生智慧

輕鬆護老