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Monday, 12 October 2026
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Vingroup

11 CÈ pieces since 29 July 2026: 7 deals, 3 intel items, 1 essay. Newest first.All companies →

  1. Deal

    A Jakarta driver rents the bike for US$2.40 a day: Vietnam's Green SM brings VinFast e-motorbikes

    Green SM put VinFast electric motorbikes on Jakarta streets on Friday, adding to the electric taxis it already runs there. Drivers rent a bike from US$2.40 (Rp39,000) a day and are guaranteed up to US$9.70 a day.

  2. Essay

    Funding your own losses? Vietnam’s richest man is pledging factories to cover VinFast’s US$1.12 billion quarterly loss

    Vingroup has promised VinFast will break even by the end of 2026. Its Q1 net loss widened to US$1.12 billion instead, and Vuong is covering the gap by pledging Vingroup’s own factories against new loans, the same move he made with a personal US$2.1 billion pledge in 2024.

  3. Deal

    After years of losses, VinFast turns to its founder's land: a US$1.2B property buy

    VinFast's Vietnam unit agreed on 15 September to buy founder Pham Nhat Vuong's Ngoc Hoi Real Estate for US$1.2 billion (VND30,857 billion). Ngoc Hoi owns 20 percent of a 9,200-hectare Hanoi urban project.

  4. Deal

    Entering VinFast's home market on US$3M: Tesla registers a Vietnam sales arm

    Tesla Motors Vietnam LLC filed on 12 September in Ho Chi Minh City with US$3.0 million (VND77.7 billion) in charter capital, licensed to sell vehicles and parts. VinFast sold 20,161 of Vietnam's 48,484 cars in August.

  5. Deal

    The showroom is the moat: VinFast signs 13 Philippine dealers for 27 new stores

    The MOUs cover Metro Manila, Cebu, Cagayan de Oro, Tacloban and Subic Bay. VinFast is targeting 60 dealerships across Luzon, Visayas and Mindanao by the end of 2026.

  6. Deal

    The Nasdaq parent no longer owns the factory: VinFast's Vietnam plant goes fully domestic

    VinFast Auto sold its 10.369% holding in VinFast Trading and Production to domestic investors for $530 million. Design, branding and sales move to a separate entity; the plant stays Vietnamese.

  7. Intel

    Clean fleets pay best at the premium end: Green GSM puts seven-seat EV taxis into Makati

    Green GSM launched Premium Taxi on 25 August, an all-electric seven-seat service running VinFast Limo Green cars across Makati, Taguig, Mandaluyong and Pasig. Its Philippine fleet has covered 32.6 million kilometres over nearly five million trips.

  8. Intel

    Distribution beats the factory: VinFast adds 30 Indonesian showrooms while its Subang line runs

    VinFast signed an MOU with Indonesia's Gowa Motor Group for at least 30 showrooms and service centres, on top of more than 40 already open and 150 planned, with production under way in Subang, West Java.

  9. Deal

    A factory in West Java was not enough: VinFast hands Gowa Motor 30 Indonesian showrooms

    The Vietnamese EV maker signed an MoU with Gowa Motor Group to build at least 30 showrooms and service centres, adding to more than 40 already open in Indonesia.

  10. Deal

    An $11.4M Vietnamese startup just bought a ride to orbit: VinSpace books SpaceX for 2027

    VinSpace, founded in November 2025 with 300 billion dong of capital, will fly its satellites on a SpaceX Transporter rideshare in 2027. Vingroup founder Pham Nhat Vuong holds majority ownership. Terms were not disclosed.

  11. Intel

    Southeast Asia can export the finished car: VinFast ships 5,000 EVs in two days

    Two roll-on vessels left Hai Phong on 20 and 21 July with about 1,500 VF 6 cars for Green SM in Europe and over 3,500 bound for the Philippines and Indonesia, the 37th and 38th export batches.