VinFast - search results

In terms of business results, in 2023, Vinsmart reported a loss of VND 1,785 billion, while in 2022, the figure was VND 1,079 billion. As of December 31, 2023, Vinsmart's equity was negative VND 2,228 billion.

Once holding the top spot in the stock market for many years, with a market capitalization of over USD 20 billion in April 2021, which was 8 times larger than FPT, Vingroup is now facing a narrowing gap in market cap between the two of them, only slightly more than one trading session apart.

Furthermore, the company mentioned that a concrete batch plant has achieved profit from the collaboration with Vinfast with the profit equivalent to the profit of a concrete batch plant with an output of 300 m3/month.

At its 2024 Annual General Meeting of Shareholders held on the morning of April 24, Ánh Dương Việt Nam Joint Stock Company (Vinasun, HOSE: VNS) forecasted that this year's situation will encounter many difficulties in the recovery process, especially the competitive factor. Therefore, the business set a plan to take a step back compared to the previous year.

Wuling Mini EV has been used as a ride-hailing vehicle, which has raised skepticism among many.

The move eases cash flow pressure on Vingroup as it seeks to raise 10 trillion dong ($395.3 million) to fund its VinFast electric-vehicle unit.

Sustainable development presents a complex challenge of balancing short-term and long-term imperatives while requiring persistence and resilience in its pursuit, according to experts.

Besides having a high ground clearance in common, these models are all priced within the range of 500 million VND, suitable for individuals buying a car for the first time.

Chery makes a grand return to Vietnam after a 14-year hiatus, partnering with Geleximco, aiming to establish a manufacturing plant, introducing a higher-end product line, and tapping into the budding electric vehicle market.

The 2024 BYD Yuan UP small-sized SUV is set to capture a lot of customer interest with its attractive price and impressive exterior.