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Vietnam looks to phase out fossil fuel vehicles by 2040

HCMC – Vietnam expects to phase out fossil fuel-powered vehicles by 2040 through steps to restrict and then stop manufacturing, assembling and importing vehicles...

Vietnam has over 1,500 projects abroad

HCMC – As of April 20, Vietnam had got involved in 1,549 operational projects abroad, with a total investment of US$21.5 billion. The country made...

VinFast to stop manufacturing gasoline cars in late 2022

HCMC – VinFast will stop manufacturing gasoline-powered vehicles at the end of 2022 to move toward becoming the electric automaker this year, the Vietnamese...

Work starts on Vietnam’s first EV battery factory

HCMC – Vingroup has begun work on the VND4-trillion first phase of what is the country's first electric vehicle battery manufacturing factory in the...

VinFast launches its global EV brand in U.S.

HCMC – VinFast has launched its global electric vehicle (EV) brand and unveiled two electric SUV models, VF e35 and VF e36, at the...

Local auto sales see steepest drop in nearly seven years

HCMC - Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 8,884 vehicles in August, falling 45% against the figure in July, the biggest...

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