Industry analysts believe that the sweeping price cuts and demand-stimulus measures introduced earlier this month are critical steps to revitalise Việt Nam’s auto market following a prolonged period of sluggish sales.
The project has a total investment capital of more than VNĐ6 trillion (approximately US$240 million), with VinFast contributing VNĐ607 billion in equity.
Green and Smart Mobility Joint Stock Company (GSM), the operator of Xanh SM – Southeast Asia’s first all-electric ride-hailing service – has officially launched the Xanh SM Platform in Laos this week.
A sharp rise in motorbike output in April, the first month of the second quarter, has significantly improved market supply and helped push total production since the beginning of 2025 past the one million mark.
VinFast reported delivering 9,588 electric vehicles (EVs) in April 2025 within the domestic market, bringing its year-to-date domestic sales total to 44,691 units.
VinFast has announced the official signing of collaboration agreements with four reputable partners in the Philippines including Goodyear Philippines, Tire King and Rubber Products, Power Tread Services and Marcjan Cavite.
Vietnamese automaker VinFast on May 13 officially introduced its new compact electric cargo van – EC Van, marking the company’s step toward a green revolution in short-distance goods transport.
This collaboration underscores V-GREEN’s commitment to expanding the VinFast EV ecosystem across Southeast Asia and demonstrates the company’s growing credibility and appeal among leading players in the green mobility sector.
According to the General Statistics Office, domestic manufacturers produced an estimated 286,100 new motorcycles in April, a 21.6 per cent increase from March and a 10.4 per cent rise compared to April 2024.
The airline also reported a significant boost in ancillary revenue, which reached over VNĐ6.2 trillion in the period, contributing to more than 35 per cent of its total revenue.
