As part of its commitment to fostering the growth of the Vietnamese business community and building a strong and united automotive industry in the country, VinFast is organizing a conference on “Enhancing Localization and Developing VinFast’s Supplier Ecosystem” on June 9 in Hanoi, offering attractive opportunities and commitments.
This event extends an invitation to local businesses to join VinFast on its journey to elevate the domestic supply chain, with the shared goal of establishing Vietnam as a significant automotive and auxiliary industry hub in the region.
VinFast is expected to share its roadmap to increasing localization to 80% by 2026, along with plans to expand its supplier network to meet the demands of scaling production to one million vehicles per year for both domestic and export markets.
Specifically, VinFast will directly contract with Vietnamese businesses that possess the requisite technical and technological capabilities to join its supply chain. For businesses lacking the necessary technical, technological, or financial resources, VinFast will proactively connect them with foreign partners to form collaborative ventures, facilitating technology transfers, technical support, or investment.
Notably, VinFast guarantees the absorption of output products according to agreed-upon plans, providing peace of mind and a foundation for the long-term growth of domestic suppliers.
Currently, VinFast collaborates with nearly 700 domestic businesses to source components, materials, and equipment for production. However, to meet the upcoming expansion plans of producing one million vehicles annually for domestic and export markets, VinFast aims to comprehensively develop its domestic supplier ecosystem on a nationwide scale.
Speaking about the strategy of partnering with Vietnamese enterprises, Ms. Thai Thi Thanh Hai, Vice Chairwoman of Vingroup and Deputy General Director of VinFast, shared: “Vingroup believes that the aspiration to develop a Vietnamese brand with international stature and global competitiveness is not only the dream of VinFast but also the desire of all Vietnamese enterprises. That is why Vingroup has built a companion strategy to share development opportunities with the domestic auxiliary business community and unite in striving for the nation’s automotive industry.”
As the leading automotive brand in Vietnam, VinFast delivered 9,588 electric vehicles in April 2025, bringing its year-to-date sales to 44,691 vehicles and maintaining its top position in the domestic market.
With its pioneering position and sustainable development strategy, VinFast is not only building a modern electric vehicle ecosystem but also shaping a national-scale auxiliary industry production ecosystem.
Conference Information:
Date: 09:00, June 9, 2025
Venue: Almaz Convention Center, Vinhomes Riverside, Hanoi
Registration Deadline: June 5, 2025
Contact: Mrs. Han – Phone: 0837863998 – Email: [email protected]
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