The Quick Story Behind the VinFast Brand
Before the VF 8 and VF 9 are out for delivery for consumers globally at the end of 2022. Here’s a quick story behind VinFast and how the company has climbed up the ranks through the years.
VinFast is a member of Vingroup, the largest private corporation in Vietnam. Vingroup has a sizable history in Vietnam, focusing on technology, real estate development, retail, and services ranging from healthcare to hospitality. The VinFast story started in 2017 with the establishment of VinFast’s state-of-the-art automotive manufacturing complex in Hai Phong, Vietnam.
The company debuted at the 2018 Paris Motor Show and launched the first three cars in 2019: the Lux A2.0 sedan, Lux S2.0 SUV, and the Fadil for the city commute. In just a year, VinFast became the leading car manufacturer in Vietnam, with sales leading in all three segments.
In 2021, VinFast expanded its vehicle profiles by introducing e-scooters and Vietnam’s first e-Bus. While gaining significant growth in Vietnam, the company’s ambition is to become a global force in the ever-growing EV industry and focus on a better future for the world. Thus, VinFast launched the first ever consumer electric vehicle to be produced in Vietnam while launching the VF 8 and VF 9 for the global market in Europe and North America. With the continuing focus on EVs, VinFast focused entirely on electric vehicles from 2023, ending its gas-powered car production at the end of 2022.
As 2022 continues, the company has made incredible strive in the global market. With VinFast opening orders for both the VF 8 and VF 9 to be delivered globally at the year’s end and launch showrooms in North America and Europe. At the same time, they are impacting the EV world by showcasing their products and presence at CES, the New York International Auto Show, and the Los Angeles Auto Show. The company is also the title sponsor of the IRONMAN World Championship.
With the future looming ahead, it is an exciting time for VinFast to expand its global presence in the EV world and venture into new territories in the future. Not only that, but the company will continue to bring Vietnam’s presence further worldwide, furthering the advancements the country has made in the past 30 years.
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