8 days ago
VinFast has reportedly suspended local manufacturing plans for three electric vehicle models in India, instructing suppliers to halt related work while the company reassesses costs.
Citing unnamed sources and an internal memo, Reuters reported that VinFast had asked suppliers to "hold all activities" on three programmes: the VF 3, a two-door SUV regarded as its most affordably priced offering for the Indian market, alongside the VF 6 and VF 7 SUVs.
The latter two are presently imported as kits from Vietnam for ******* embly within the country.
The development represents a setback roughly a year after VinFast, backed by Vietnamese conglomerate Vingroup, entered the Indian market in September 2025 with the launch of its VF 6 and VF 7 electric SUVs.
The company established its first factory outside Vietnam in southern India last year and committed to a $2bn investment as part of efforts to build a regional manufacturing hub serving South Asia, the Middle East and Africa.
#vinfast
Citing unnamed sources and an internal memo, Reuters reported that VinFast had asked suppliers to "hold all activities" on three programmes: the VF 3, a two-door SUV regarded as its most affordably priced offering for the Indian market, alongside the VF 6 and VF 7 SUVs.
The latter two are presently imported as kits from Vietnam for ******* embly within the country.
The development represents a setback roughly a year after VinFast, backed by Vietnamese conglomerate Vingroup, entered the Indian market in September 2025 with the launch of its VF 6 and VF 7 electric SUVs.
The company established its first factory outside Vietnam in southern India last year and committed to a $2bn investment as part of efforts to build a regional manufacturing hub serving South Asia, the Middle East and Africa.
#vinfast
2 months ago
VinFast Auto Ltd (NASDAQ:VFS) is one of the top mid-cap stocks to own for the long term, according to hedge funds. On June 18, VinFast Auto Ltd (NASDAQ:VFS) confirmed the availability of its VF 8 electric SUV across the United States.
Copyright: microolga / 123RF Stock Photo
The base Eco trim will retail for $39,900, while the Plus trim will retail for $44,900. VinFast is targeting families that want a capable, quiet, and well-equipped electric SUV with the new model. The VF8 comes with a 116.1-inch wheelbase to compete equally in the D-SUV segment. In its cabin rear passengers can sit upright without negotiating legroom. It also comes with an intuitive head-up display that projects key information directly onto the windshield.
Earlier, on June 10, VinFast announced domestic deliveries of 19,503 electric vehicles in May. Year to date the company has delivered 97,961 EVs in Vietnam affirming its dominance in the domestic market even as it eyes growth on the international scene. The Limo Green and the VF 3 are the company's two best-selling models in Vietnam, with ******* ulative deliveries of 24,059 and 20,231 vehicles, respectively.
VinFast Auto Ltd. (NASDAQ:VFS) is a global automotive manufacturer specializing in the research, development, and production of smart electric vehicles (EVs), including battery-electric cars, electric motorbikes/scooters, and e-bikes.
Copyright: microolga / 123RF Stock Photo
The base Eco trim will retail for $39,900, while the Plus trim will retail for $44,900. VinFast is targeting families that want a capable, quiet, and well-equipped electric SUV with the new model. The VF8 comes with a 116.1-inch wheelbase to compete equally in the D-SUV segment. In its cabin rear passengers can sit upright without negotiating legroom. It also comes with an intuitive head-up display that projects key information directly onto the windshield.
Earlier, on June 10, VinFast announced domestic deliveries of 19,503 electric vehicles in May. Year to date the company has delivered 97,961 EVs in Vietnam affirming its dominance in the domestic market even as it eyes growth on the international scene. The Limo Green and the VF 3 are the company's two best-selling models in Vietnam, with ******* ulative deliveries of 24,059 and 20,231 vehicles, respectively.
VinFast Auto Ltd. (NASDAQ:VFS) is a global automotive manufacturer specializing in the research, development, and production of smart electric vehicles (EVs), including battery-electric cars, electric motorbikes/scooters, and e-bikes.
