The Electrifying Arrival: VinFast Steers its Course to the Middle East
The VinFast EV manufacturing complex in Haiphong, Vietnam, stands as a testament to the country’s economic growth and innovation. Haiphong Harbor, once a reminder of a bygone war, has transformed into a symbol of Vietnam’s remarkable economic ascent. However, Haiphong represents something even more significant – it is the birthplace of VinFast, Vietnam’s first domestic automaker with a global vision. As a subsidiary of Vingroup, Vietnam’s most prominent conglomerate, VinFast has not only become the nation’s inaugural car manufacturer but also a trailblazer in the electric vehicle (EV) arena. VinFast’s Rise to Prominence The existence of VinFast can be attributed to the vision and ambition of Vietnam’s wealthiest individual and Vingroup’s founder, Pham Nhat Vuong. Recognized for his resolute nature, Vuong established the automotive company in 2017. After introducing three gasoline-powered models, VinFast made a bold strategic shift towards electrification. The company comme...