Do you know the story of the first Vietnamese man to produce cars “made in Vietnam”? That’s Pham Nhat Vuong, the billionaire founder of Vingroup and its automotive branch, VinFast. VinFast’s journey from its humble beginnings to becoming a symbol of national pride embodies the ambition of this Vietnamese automotive giant to conquer new heights.
Pham Nhat Vuong’s automotive company, VinFast, was established in 2017, marking Vingroup’s bold entry into the automotive industry. Before that, Vingroup was known as a leading Vietnamese private economic group with resounding success in real estate (Vinhomes), tourism (Vinpearl), and retail (Vinmart).
Overcoming countless challenges, after just over a year of factory construction in Hai Phong, VinFast officially launched its first two car models, the Fadil and Lux A2.0, at the 2018 Paris Motor Show. This event made a huge impact, putting the Vietnamese car brand on the world map for the first time.
VinFast continues to launch a series of new models across various segments, from the compact Fadil city car, the Lux A2.0 sedan, the Lux SA2.0 SUV, to electric vehicles like the VF e34, VF 8, and VF 9. VinFast is committed to providing customers with high-quality, safe, and modern products, comparable to renowned global car brands.
VinFast showroom with customers
| Model | Segment | Price (VND Million) |
|---|---|---|
| Fadil | City Car | 425 – 499 |
| Lux A2.0 | Sedan | 990 – 1.290 |
| Lux SA2.0 | SUV | 1.490 – 1.815 |
| VF e34 | Electric Car | 690 |
| VF 8 | Electric Car | 1.057 – 1.237 |
| VF 9 | Electric Car | 1.443 – 1.571 |
Note: Prices are for reference only and may vary depending on time and dealer.
More than just a car manufacturer, VinFast is a source of Vietnamese pride and a symbol of the nation’s global aspirations.
Nguyen Van A, owner of a transportation company in Cau Giay District, Hanoi, shared: “Since switching to VinFast trucks, I feel much more secure. The trucks are powerful, durable, and fuel-efficient. Moreover, VinFast’s after-sales service is excellent, always ready to support customers.”
A VinFast truck on a highway
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The car company of billionaire Pham Nhat Vuong is called VinFast, a member of Vingroup.
VinFast currently manufactures and distributes a variety of car models, including city cars, sedans, SUVs, and electric vehicles.
You can visit authorized dealers nationwide or visit VinFast’s official website for more information.
VinFast cars are highly regarded for their modern design, comfortable features, powerful engines, safety, and fuel efficiency.
A VinFast electric car charging
Vietnamese people value feng shui, especially when purchasing valuable assets like vehicles. Choosing the car color and the date and time of receiving the car in accordance with the owner’s age and destiny is believed to bring luck, fortune, and safety on all roads.
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