Việt Nam’s automobile market is entering a remarkable transition marked by tightened environmental policies and a rapid shift towards electrification, according to a report by auto research platform oto.com.vn released early this week.
The new entrants are Phạm Thu Hương and Phạm Thúy Hằng, both vice chairwomen of conglomerate Vingroup, and Ngô Chí Dũng, chairman of Vietnam Prosperity Joint Stock Commercial Bank (VPBank).
Forbes’ data showed that as of December 31, Việt Nam had five US dollar billionaires, one fewer than at the start of the year but their combined wealth jumped by more than US$28 billion to reach $40.9 billion.
The decision was carefully considered to ensure maximum concentration of resources on strategic infrastructure projects that the group has recently been assigned to implement.
Multisectoral conglomerate Vingroup today kicked off the construction of four projects worth a combined capital of more than VNĐ127 trillion (roughly US$5 billion) in Hà Tĩnh Province.
The Ministry of Finance has rejected Vingroup’s proposal to exclude locally made parts from the EV tax base, saying current incentives already align with international commitments and green goals.
Việt Nam Automobile, Motorcycle and Bicycle Association (VAMOBA) has submitted a proposal to the Prime Minister to develop an open-access charging network for electric vehicles (EVs) to ensure fair competition and support sustainable growth in the country’s shift to green...
Vingroup on Friday launched construction of two flagship developments, the Tân Trào Industrial Park (Phase 1) and the Hai Phong LNG Plant, poised to be Việt Nam’s largest and one of the most advanced LNG power facilities globally.
The false information focuses mainly on the group’s financial situation, product quality and origin, product legal issues and personal information of the leadership.