Project Description
VinFast is a private automotive startup manufacturer headquartered in Vietnam, a member of Vingroup which is one of the largest private enterprises in the country VinFast Trading and Production LLC manufactures vehicles. VinFast Trading and Production LLC operates as a subsidiary of Vingroup Joint Stock Company.
The company was founded in 2017 by VinGroup. VinFast claims it will be the first volume automotive manufacturer in Vietnam as well as the first Vietnamese automaker to participate in a major international auto show.
Additionally, General Motors recently announced a partnership between Chevrolet and VinFast. VinFast will have exclusive rights to distribute Chevys in Vietnam and will take ownership of the existing General Motors(GM Korea) factory in Hanoi.