Built in a record-breaking 21 months, VinFast’s state-of-the-art facility in Haiphong has enabled the company to quickly pivot to electric vehicles and challenge established gasoline-powered rivals.

In October 2024, Vietnam celebrated a historic milestone: its homegrown automaker, VinFast, became the best-selling car brand in the country for the first ten months of the year. Remarkably, this achievement came just two years after the company’s bold pivot to becoming a pure electric vehicle (EV) manufacturer. By surpassing foreign gasoline-powered rivals, VinFast not only redefined its trajectory but also propelled Vietnam’s automotive industry into a new era.
Continue reading The EV Factory Propelling VinFast to the Top

