VinFast’s 5th electric vehicle costs under $30,000

Vietnamese automaker VinFast has launched its fifth electric car, the VF 6 crossover in the small-car segment, with base prices starting at VND675 million ($27,800).

The Plus version, which offers a range of 399 kilometers compared to the base’s 381 kilometers, costs VND765 million.

The battery costs VND90 million for each version.

VinFast VF 6 is introduced in an even in Ho Chi Minh City on Sep. 29, 2023.

Any customer who does not buy the battery can lease it for VND1.8 million a month, with a maximum monthly distance of 1,500 kilometers.

Sales begin October 20 and deliveries will be scheduled for the end of this year.

The VF 6 is in the same price range as the Hyundai Creta (starting at VND640 million) and the Kia Seltos (from VND599 million).

The B-segment (European classification’s smallest-car category) is rife with competition in Vietnam thanks to offerings by Japanese, South Korean, German and Chinese brands all seeking a bigger share.

Vingroup chairman becomes world’s 16th richest person

Pham Nhat Vuong’s total assets of $73.9 billion now makes him the world’s 16th richest man, according to Forbes.

 

Nearly 7.5 million USD invested in upgrading provincial road 295

Bac Giang – The Management Board of Traffic and Agriculture Construction and Investment Project in Bac Giang province has prepared conditions to commence the provincial road 295, the section from Ben Tuan bridge to Cao Thuong township and from Cao Thuong township to Bi Noi bridge (Tan Yen district) in this October.

 

Removing bottlenecks to restore production

The Prime Minister has called for efforts to remove the difficulties facing business and production activities as one the key tasks for the rest of the year to promote economic growth, create jobs and keep inflation in check.

 

Vietnam EV maker VinFast to list in US in August after regulator nod

Vietnamese electric vehicle maker VinFast said on Friday it is planning to list in the U.S. next month via a blank-cheque company after the Securities and Exchange Commission (SEC) gave the go ahead to its proposed business combination.

 

Challenges of achieving export target for the whole year

Vietnam’s export turnover, after a decline in April, has regained its growth thanks to strongly boosted trade promotion activities. However, export activities are forecast to continue to encounter many difficulties as total export turnover in the first six months of this year fell by 12.1% over the same period last year amid overall slow growth in global trade. 

 

Source: VnExpress