Kathmandu. Vietnamese electric vehicle manufacturer Vinfast has reported a nearly three-fold increase in vehicle deliveries in 2024 compared to the previous year. According to the company, a total of 97,399 vehicles have been delivered, which is about 192 percent more than the previous year.
However, the company incurred a loss of about 3.18 billion US dollars in the same year. Vinfast is Vietnam’s first national-level vehicle manufacturer, which aims to compete with the world’s largest electric vehicle companies. However, the company is still facing difficulties in establishing itself in the international market.
Currently, Vinfast has more than 100 sales centers in various countries. The company is working to expand its market in regions including Asia, Europe, the Middle East, the United States and Canada. The company has recently shipped about 2,500 vehicles to Indonesia. There are currently 22 sales centers in operation there. It is also reported that it plans to build 100,000 charging points in Indonesia itself. “Despite the many challenges in the market, we have managed to make progress,” said Thuy, president of Vinfast. “This also confirms the global appeal of electric vehicles.”
The company is receiving significant financial support from Vietnam’s richest man, Pham Nhat Vuong, and his subsidiary Vingroup. He has so far received more than $410 million in support, with a total of $2.1 billion pledged by 2024. In addition, in March 2025, a Qatar-based investment institution signed a memorandum of understanding for a potential investment of about $1 billion. The partnership is expected to help the company expand internationally and improve its technology.
प्रतिक्रिया दिनुहोस्