VinFast, backed by Vingroup, is pushing ahead with factory development in Indonesia and targeting the Indian market, while maintaining its EV leadership in Vietnam.

The entities involved

• VinFast →

  Vietnamese automotive manufacturer

  • VinFast, a Vingroup company, is expanding its EV market presence, seeking growth in India, and involves key personnel.Fri 11:47
  • VinFast contributes to market confidence in used EVs.Fri 11:47
• Vingroup →

  Vietnamese conglomerate

  Nothing else this week.

• Indonesia →

  island country in Southeast Asia and Oceania

  • Indonesia is purchasing 48 Kaan fighter jets, discussing bilateral ties and expanding cooperation in trade and defense sectors.Mon 16:40
  • A conference has been held establishing South-South cooperation, drawing on the historical spirit of Bandung.Mon 16:20

Related events

• Cantor Fitzgerald maintained a Buy rating on VinFast, which is founded by Vingroup and is a Vietnamese multinational company. This coincided with the observation that Trump-era tariffs benefit certain AI stocks.Jun 8
• VinFast is expanding its footprint in India through a partnership aimed at accelerating electric vehicle adoption.Jun 23
• VinFast opened its 60th dealership in Patna, expanding its dealership network across India.Sep 5
• Vinpearl secured financing from Singapore's SeaTown, while Kiwoom Securities is working on Vingroup's bond deal.Sep 2
• VinFast is expanding globally into Canada and offering vehicles to Canadian families.Jun 8