Vingroup's Automotive Ambition: From Vietnamese Dream to Global Reality
Vingroup's Automotive Ambition: From Vietnamese Dream to Global Reality

Vingroup’s Automotive Ambition: From Vietnamese Dream to Global Reality

08/02/2025
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Have you ever wondered why the Vietnamese people yearn for a car “made in Vietnam”? It’s more than just a means of transportation; it’s a source of national pride and a desire for global recognition. Vingroup, under the visionary leadership of Pham Nhat Vuong, has turned this dream into reality, making a significant mark on the global automotive landscape with the VinFast brand.

From Real Estate Giant to Automotive Contender

Vingroup, renowned as a leader in real estate, tourism, and services, made a surprising foray into automobile manufacturing in 2017. This bold decision sent ripples through the market, met with both excitement and skepticism. Could a relatively young company in the heavy industry make a significant impact?

A Dream of Global Reach

“I want to create a Vietnamese brand with international stature,” Pham Nhat Vuong once said. VinFast is the clearest testament to this aspiration. Instead of following conventional paths, VinFast chose a challenging route: producing electric vehicles – the inevitable trend of the future.

VinFast VF e34 electric carVinFast VF e34 electric car

Government Support and Consumer Confidence

VinFast’s emergence received strong support from the Vietnamese government through various incentive policies. Moreover, Vietnamese consumers placed their trust in their homegrown brand. Within just 10 months of its launch, VinFast received over 10,000 orders for the Fadil – a record number for a new automaker.

VinFast – Journey to New Heights

Not resting on its initial success, VinFast continues to assert its position by introducing a diverse range of models, from sedans and SUVs to electric vehicles, catering to various customer segments. VinFast also invests heavily in technology, collaborating with leading global partners like BMW, Bosch, and Siemens to enhance product quality and solidify its international presence.

Conquering the International Market

VinFast’s ambitions extend beyond the domestic market. In 2021, the company exported its first batch of electric vehicles to the US market, marking a historic milestone for the Vietnamese automotive industry.

VinFast VF 8 and VF 9 electric SUVs at CES 2022VinFast VF 8 and VF 9 electric SUVs at CES 2022

Feng Shui and Spiritual Significance

In Eastern culture, choosing auspicious dates, times, and colors according to Feng Shui is considered crucial for bringing luck and prosperity. VinFast pays close attention to these spiritual elements during new product launches. For instance, the company often selects even-numbered dates, auspicious times, and dates compatible with the leader’s zodiac sign for vehicle launches, fostering confidence and excitement among customers.

Frequently Asked Questions about Vingroup’s Automotive Production

1. Are VinFast cars really good?

The quality of VinFast vehicles is increasingly recognized and validated by both Vietnamese and international consumers. VinFast continuously improves product quality, implements advanced technologies, and collaborates with leading global partners.

2. What are the benefits of buying a VinFast car?

VinFast frequently offers attractive promotions for car buyers, including low-interest loan support, free insurance, and accessories.

3. What models does VinFast offer?

VinFast currently distributes models such as the Fadil, Lux A2.0, Lux SA2.0, VF e34, VF 8, and VF 9, covering a wide range of segments from compact cars to large SUVs.

4. Where is VinFast’s manufacturing plant located?

The VinFast automobile manufacturing plant is located in the Dinh Vu – Cat Hai Economic Zone, Hai Phong, and boasts state-of-the-art facilities, among the most modern in Southeast Asia.

Conclusion

Vingroup’s journey in automobile manufacturing exemplifies the daring spirit and global ambition of Vietnamese businesses. The “Vietnamese Dream” of VinFast is conquering new heights, contributing to elevating Vietnam’s position on the international stage.

Want to learn more about VinFast trucks? Visit https://xetaihanoi.edu.vn/ for the latest information on the Vietnamese truck market.

VinFast trucks in a warehouseVinFast trucks in a warehouse

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