Vinfast

VinFast, Vietnamese automobile manufacturer founded in 2018 by the Vingroup conglomerate, rapidly established itself as a major sector player with an aggressive expansion strategy covering Asian and international markets. VinFast's history began with the ambition to create a national automotive industry in Vietnam, supported by massive investments and strategic partnerships including notably BMW for technological development and Magna Steyr for production. The VinFast range centers on multiple key segments: sedans with the Lux A and Lux SA, SUVs with the Lux SA2, VF8 and VF9 models, positioning the manufacturer in direct competition with established brands such as Toyota, Hyundai and emerging Chinese manufacturers. Between 2019 and 2022, VinFast multiplied its commercial launches and opened production facilities in Vietnam (Ha Tinh site capable of producing 250,000 vehicles annually) as well as in North America, testifying to exceptional growth for a startup manufacturer. VinFast models offer modern equipment with advanced connectivity, driver assistance systems and electrified architectures, meeting contemporary consumer expectations and international environmental standards. VinFast technical datasheets emphasize varied powertrains ranging from conventional to fully electric, competitive dimensions within their respective segments and prices strategically positioned to capture middle and intermediate classes, while the brand pursues development with progressive electrification of its range and stated ambitions to become a global manufacturer by 2030.