VinFast

VinFast is a Vietnamese automotive manufacturer established in 2017, headquartered in Hanoi. It is a member of Vingroup, one of Vietnam's largest conglomerates. VinFast produces a range of vehicles, including electric cars, scooters, and buses. The company aims to become a globally recognized electric vehicle (EV) manufacturer.

VinFast's initial models were internal combustion engine (ICE) vehicles, but it has since transitioned to focusing primarily on electric vehicles. The company operates a manufacturing plant in Hai Phong, Vietnam, and has been expanding its global presence, including establishing sales and service networks in North America and Europe.

VinFast has positioned itself as a technology-driven company, emphasizing innovation and sustainability in its vehicle designs and manufacturing processes. Key strategies involve developing advanced battery technology and exploring partnerships with other technology companies.

The company faces challenges common to new automotive manufacturers, including establishing brand recognition, building a reliable supply chain, and achieving profitability in a competitive market.