DFC will provide funding of up to $500 million for VinFast’s research, development, and production of lithium-ion batteries in Vietnam. This project marks the beginning of a series of collaborations between the two parties on sustainable transportation development projects in Vietnam and worldwide.
To qualify for the funding, VinFast will undergo a comprehensive evaluation based on various criteria. These criteria include financial stability, compliance with DFC’s and local requirements regarding development impact, environment, and society, adherence to legal requirements and regulations, among others. DFC also recognizes VinFast’s significant efforts in electric vehicle production, lithium-ion battery production, and the development of nationwide charging station infrastructure.
Through its support for globally scaled enterprises, DFC aims to contribute directly to sustainable development and promote a greener future in Vietnam and beyond.
Ms. Lê Th? Thu Th?y, VinFast’s Global CEO, expressed her pride in contributing to the future of sustainable transportation with DFC. She believes that DFC’s funding will provide a solid foundation for VinFast to accelerate its global expansion and work towards a greener future for all.
DFC is a US government agency that promotes private investment in developing countries. It focuses on projects that have positive development impact, prioritize environmental and societal protection, respect human rights, and safeguard workers’ rights.
Prior to partnering with VinFast, DFC has made a $737 million investment in Vietnam, the largest investment in the Southeast Asian market. The signing of the LOI with VinFast is considered a significant milestone that enhances the Comprehensive Vietnam-US Strategic Partnership.
(Source: forum.autodaily.vn)
VinFast showcases 4 luxury electric car models at the 2023 Qatar Geneva International Motor Show.
On October 6, 2023, VinFast participated in and introduced 4 electric car models VF 6-9 at the Geneva International Motor Show Qatar 2023, the first time it was held in Doha from October 5 to October 14, 2023.
Review of Vinfast Klara S 2022: Gentle electric scooter, great value for money, perfect for the fairer sex
The Vinfast Klara S 2022 has been officially launched, retaining the same exterior design as its predecessor. The changes in the Klara S 2022 lie in the new battery pack, larger trunk capacity, and modern charger.
Over 32,000 members celebrate VinFast Global Community’s birthday
The week-long global VinFast Community Birthday Celebration (7-14/10) was a lively series of events that took place from the North to the South, creating unforgettable moments and memories for all participants. It affirmed the position of VinFast as a sophisticated and tightly-knit community of car owners, unrivaled in Vietnam.
VinFast Electric Taxi “Conquers” the Lao Market: Officially Becomes an International Ride-Hailing Company
On October 13, 2023, Green and Smart Mobility Joint Stock Company (GSM) successfully imported 150 VinFast electric cars into the Lao market to launch the Green SM electric taxi service. This marks the first step in GSM’s plan to expand into foreign markets.
