Google AI
The Times Australia
News From Asia

.

Vietnam’s VinFast Rides the Green Wave into the Gulf

VinFast, Vietnam’s electric vehicle champion, is steering into the Gulf with ambition and pride, transforming the nation’s global image from factory floor to innovation force.

HANOI, VIETNAM- Media OutReach Newswire - 16 May 2025 - Ford means America.

Toyota means Japan. And now VinFast - a name unfamiliar to most Westerners just 8 years ago - is becoming synonymous with Vietnam. The automaker, born from the Vingroup conglomerate, isn't just selling cars. It's selling a new image of a nation long associated with rice farmers, poverty, and war.

VinFast EV manufacturing complex in Hai Phong, Vietnam
VinFast EV manufacturing complex in Hai Phong, Vietnam

From its start as a gasoline car manufacturer primarily serving Vietnam, VinFast has quickly evolved into a global electric vehicle (EV) brand. Its journey from domestic assembly lines to international presence unfolded at remarkable speed, establishing footholds in North America, Europe, and Asia within just a few years.

On a recent day in May, VinFast signed new dealer agreements with ASTRADA SIMVA in France and Schachtschneider Automobile in Germany, respectively. While the news are are not big per se, the significance runs deeper than business headlines suggest. Each VinFast dealership opening represents Vietnam planting a flag in markets once exclusively dominated by German engineering, American muscle, and Japanese reliability.

"We are proud to partner with VinFast, standing alongside this Vietnamese brand in driving the global green revolution," said Renzo Schachtschneider, owner of Schachtschneider Automobile, which will operate three new dealerships[1].

VinFast's European push follows similar moves across North America and Asia, but it doesn't merely want to be a passive participant in the EV transition. Increasingly, developing countries, particularly in Southeast Asia, where the VinFast dream was born, want to embed themselves deep into the EV supply chain. This audacity signals a shift in how Vietnam positions itself in the international order, from manufacturing hub to innovation source.

Countries have long used commercial brands as extensions of national identity. South Korea leveraged Samsung to reshape global perceptions. Japan did the same with Sony decades earlier. Vietnam's strategy through VinFast follows this playbook while writing its own chapter.

The road isn't smooth. EV demand fluctuates. Competition is fierce. Yet the company's willingness to adapt, shifting toward a dealership sales model globally and entering untapped markets like the Middle East and India, reflects a distinctly Vietnamese resilience.

The Middle East entry is particularly telling. These are markets with deep pockets and high standards, where luxury European brands have long dominated. VinFast's move into this territory shows confidence not just in its vehicles but in the "Made in Vietnam" identity they carry.

But even more than that, governments in the region are increasingly paying attention to clean mobility solutions and green industrial partnerships, with initiatives to bring about a sustainable future like Saudi Arabia's Vision 2030 or the UAE's Net Zero 2050 Strategy. These national agendas create fertile ground for a new player like VinFast, one that offers not just electric vehicles, but also the chance for diversification beyond traditional Western and Chinese sources.

In stores from Germany to Dubai, VinFast is reshaping perceptions one test drive at a time. Vietnam is no longer just a vacation destination or manufacturing location; rather, it's the home of a company bold enough to challenge automotive giants on their home turf. The vehicles carry passengers, but they also carry Vietnam's story into the world.


Hashtag: #vinfast


The issuer is solely responsible for the content of this announcement.

Times Magazine

A Report From France: The Mood of a Nation

France occupies a unique place in the global imagination. To many outsiders, it remains the land ...

“More Choice” Or Fewer Choices? Australia’s New Vehicle Emission Rules

The Changing Face Of Motoring When the Federal Government announced Australia’s new fuel efficien...

Female founders to benefit from new funding to turn their ideas into viable ventures

The University of Newcastle Integrated Innovation Network (I2N) has been selected by the NSW Governm...

GLOBAL SPORTS MARKETING HEAVYWEIGHTS CONVERGE IN BRISBANE FOR INAUGURAL VICTORY LAP

Australia’s premier sports marketing and creative summit, Victory Lap, has revealed its lineup of in...

The 2026 Met Gala: Fashion, Power and the Theatre of Exclusivity

Each year, on the first Monday in May, the global fashion industry converges on the steps of Metro...

Australian Wine Guide

A Quick but Informed Guide to the Varieties and Popular Brands of Australian WinesDon’t let a wine...

The Times Features

Politics Has Become a Leadership Contest. Americans Cho…

Modern politics may be undergoing a profound transformation. For generations, elections were ofte...

One Nation Policies Are Resonating. Rather Than Mock Th…

Australian conservative politics is entering a period of strategic uncertainty. For years, the Li...

2026 Broken Hill Mundi Mundi Bash festival

AUSTRALIA’S BIGGEST OUTBACK MUSIC FESTIVAL Set for another record year, 95% of tickets are sold t...

Day Care Centres and the Spread of Illness: Why Childre…

Few parents need to be told that day care centres can become breeding grounds for illness. Across ...

The Overlooked Link Between Flat Tennis Balls and Tenni…

Tennis elbow is the sport's most common injury. Up to 50% of recreational players will experience it...

The Australian Government will hand down the 2026/27 Federal Budget on Tuesday 12 May, and with co...

64% of Aussie kids are influencing family holiday plans…

Forget coats and heaters- think t-shirts, thongs, sunscreen and swimming. Whales aren’t the only one...

Health Insurance Recent Government Changes — And What T…

Part of the confusion surrounding private health insurance is that governments regularly adjust th...

A Report From France: The Mood of a Nation

France occupies a unique place in the global imagination. To many outsiders, it remains the land ...