Vietnam’s VinFast reports sharp revenue surge in Q1
Economy 09:35 11/06/2025Vietnam's electric vehicle maker VinFast posted total revenue of VND16.3 trillion (US$656.5 million) in the first quarter of 2025, marking a 149.9-percent increase compared to the same period last year, according to the company’s unaudited financial results.
Japan's Honda to scale back on electric vehicles, concentrate on hybrids
World 15:56 20/05/2025Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on capturing growing demand for hybrids with new models.
Vietnam’s taxi, EV rental firm launches Xanh SM ride-hailing platform, distributes VinFast EVs in Laos
Economy 17:35 18/05/2025Green and Smart Mobility Joint Stock Company (GSM), a taxi and electric vehicle rental company owned by Vietnam's largest private enterprise Vingroup, on Saturday launched the Xanh SM platform in Laos and announced the official distribution of two electric vehicle (EV) models, VinFast VF 3 and VF 5, in the country.
Vietnam’s electric taxi firm Xanh SM makes first foray into food delivery market
Economy 15:54 13/05/2025Green and Smart Mobility, an electric taxi ride-hailing firm founded by Vietnam’s richest man Pham Nhat Vuong, known for its Xanh SM brand, is officially venturing into Vietnam’s competitive food delivery sector.
Vietnam's VinFast debuts compact electric van priced from $10,980
Economy 13:53 13/05/2025Vietnamese automaker VinFast on Tuesday launched the EC Van, a compact electric truck, marking a significant step in its strategy to green urban freight transport in Vietnam.
Vietnamese auto firm aims to build 30,000 EV charging stations by 2030
Economy 17:27 29/04/2025TMT Motors Corporation has announced an ambitious plan to invest in a nationwide electric vehicle (EV) charging infrastructure, targeting the development of at least 30,000 charging stations by 2030.
Vietnamese EV maker VinFast reports 2024 revenue at $1.8bn
Economy 11:49 27/04/2025Vietnamese electric vehicle (EV) manufacturer VinFast generated VND44.019 trillion, equivalent to US$1.8 billion, in revenue in 2024, surging 57.9 percent over the previous year, according to the company's unaudited financial results.
Vietnamese e-buses to be used in tourism, student transport in S.Korea
Economy 09:43 11/04/2025Vietnam’s Kim Long Motor Hue Joint Stock Company and South Korea’s DAON Mobility officially signed a contract in Hue City, central Vietnam on Wednesday, whereby the former will export 200 electric buses under the Kim Long brand to South Korea for use in tourism and student transportation.
Vietnamese taxi firm Vinasun announces $25mn investment in hybrid cars amidst EV trend
Economy 13:05 25/04/2024The firm intends to invest VND630-650 billion (US$24.8-25.6 million) in purchasing 700 hybrid cars
In Vietnam, food delivery, ride-hailing apps embrace EVs
Economy 21:37 27/04/2023Two tech-based firms have pioneered the conversion from petrol vehicles to electric vehicles
