VinFast Manufacturing and Trading Company Limited has announced 36 global-standard designs, including 17 for its electric vehicles and 19 for internal combustion engine vehicles on Thursday.

This is the first time that a Vietnamese company will produce electric vehicles, marking a breakthrough for the development and integration of the Vietnamese automobile industry.

VinFast’s electric and mini vehicles will be launched late next year, faster than expected by nearly one year.

This event affirms VinFast’s goal to become Southeast Asia’s leading car manufacturer, with comprehensive products in the line of internal combustion engine vehicles (sedan, SUV and hatchback) and electric vehicles.

VinFast decided to invest heavily in electric vehicles to create a breakthrough within Việt Nam and the world market.

The production line will apply the world’s leading technology to produce eco-friendly electric vehicles in line with the latest developments and trends of the world automotive industry.

In addition, mini cars are being developed with the goal of bringing the opportunity of owning international quality cars at affordable prices to local customers.

"Electric cars are the car of the future. With a pioneering mission and a desire to make a breakthrough in the car market, we decided to produce electric cars at this time. In addition, VinFast will also produce mini-size cars alongside two models of sedans and SUVs to serve current domestic demand," said Vingroup deputy chairman Nguyen Viet Quang.

In order to realise the goal of manufacturing cars with Vietnamese identity and international standard, VinFast continues to call for community participation in contributing ideas for vehicle designs.

During the period from March 14 to March 18, consumers can vote for their two favorite designs for Vinfast electric and mini-size vehicles at www.binhchonmauxe.vinfast.vn.

Those taking part in the vote can have the chance to win attractive awards with the total value up to VND800 million (US$35,550). The first prize is worth up to VND200 million.

In addition, VINFAST will also host many interesting minigames on its fanpage so that customers can directly share and comment on the models. — VNS