VinFast, Vietnam’s leading automotive brand, has been on a remarkable trajectory. In the first ten months of 2024, the company claimed the largest market share in the country, and their success story continues with explosive growth in November. According to their latest report, VinFast delivered over 16,000 vehicles to customers in November 2024, marking a more than 40% increase compared to the previous month. This translates to an average of over 530 electric vehicles finding new homes every day across Vietnam. Never before has an automotive brand in the country achieved such impressive monthly delivery figures.
With these outstanding results, VinFast has cemented its position as Vietnam’s best-selling automotive brand. In fact, their sales figures for November surpassed those of industry giants Toyota (8,695 units) and Hyundai (9,224 units), and far outpaced competitors like Ford (5,593 units), Kia (5,299 units), and Mitsubishi (5,056 units).
Cumulative deliveries for 2024 stand at over 67,000 electric vehicles, solidifying VinFast’s number one market share position in Vietnam. With a substantial backlog of orders, stable production, and a consistently growing business, VinFast is on track to achieve its global electric vehicle delivery goals for the year.
Ms. Duong Thi Thu Trang, Deputy General Director of Global VinFast Sales, shared her thoughts on this achievement: “The record sales we achieved in November 2024 reflect a growing trend towards environmentally conscious choices in transportation. It also demonstrates the trust and enthusiasm our customers have for the VinFast brand. We are deeply grateful for their support and are committed to working tirelessly to meet and exceed their expectations.”
In parallel, VinFast has been rapidly expanding its service network to cater to the after-sales needs of its growing customer base. Currently, the company boasts 120 service workshops nationwide, making it one of the most extensive service networks in the Vietnamese automotive industry.
To meet the surging demand in both domestic and international markets, construction has commenced on VinFast’s second electric vehicle manufacturing plant in Vietnam, located in the Vung Ang Economic Zone, Ha Tinh province. Phase 1 of the project is expected to be completed by July 2025, with an annual capacity of 300,000 units, dedicated to producing the VF3 and VF5 models.
Fast-Track Claims: Reducing Wait Times for VinFast Car Owners with Insurance
“VinFast’s collaboration with seven insurance partners, including industry leaders such as PVI, Bao Viet, BIC, VBI, PTI, BSH, and VNI, is a testament to their commitment to providing comprehensive services. This partnership ensures an enhanced experience for customers, offering a seamless blend of automotive excellence and insurance expertise.”
“Own a VinFast Car for 46 Million VND with a Fixed Interest Rate of 5.5% for 5 Years”
Recently, GSM unveiled an exclusive support policy for drivers joining the Xanh SM Platform. The policy boasts two standout features: an opportunity to own a VinFast vehicle for personal business with a mere 46 million VND down payment, and an impressive revenue-sharing offer of up to 85% from the system.
“VinFast’s Local Advantage: Over 60% Domestic Parts, Aiming for 84% by 2026”
For the first time, VinFast revealed the localization ratio of its electric vehicle at a recent seminar on automobile localization.
The Ultimate Mercedes-Benz G63 AMG 6×6 Makes a Statement in Vietnam: A New Look with a New Number Plate
No longer donning its original yellow paint job and blue interior, this Mercedes-Benz G63 AMG 6×6 has been transformed with a sleek black and yellow wrap, complete with a new license plate, making it ready for its new life in Vietnam.
Black Friday Blowout: Massive Savings on Volkswagen Models with Discounts up to 370 Million VND
Volkswagen is offering an incredible deal this December with a 50% to 100% discount on registration fees for their range of vehicles. This is a fantastic opportunity for customers to get behind the wheel of a Volkswagen with significant savings.
