Sedan Lux A 2.0 - a car model of Vinfast. (Photo: VNA)
Hanoi (VNA) - The first VinFast cars will be tested in Europe on March6 this year.
The cars will have to pass the most rigorous tests in order to ensure qualityaccording to international standards. VinFast’s Lux model is expected to meetthe five-star ASEAN NCAP, which is the New Car Assessment Programme forSoutheast Asian Countries targeted to elevate vehicle safety standards, raisingconsumer awareness and encouraging a market for safer vehicles in the region.It’s also the highest standard for cars manufactured in Vietnam.
According to VinFast’s itinerary of car sales under the ‘Three zero’ pricepolicy that includes “zero depreciation, zero financial expense and zerointerest rates”, if customers deposit from November 20, 2018 to before January1, 2019, the prices for a Lux SA 2.0 is 1.136 billion VND, Lux A 800 million VNDand Fadil 336 million VND. If they deposit from January 1, 2019 to before May1, prices are 1.286 billion VND, 900 million VND and 359 million VND,respectively.
Vinfast Manufacturing and Trading Company Limited is a subsidiary of Vietnamese conglomerate Vingroup. - VNA
Vingroup has injected more than 13.6 trillion VND (581.32 million USD) into its VinFast automobile project in the first nine months of this year, marking an increase of over 12.9 trillion VND compared with the beginning of last year.
Besides record-breaking achievements, the automobile industry was a growth highlight of Vietnam’s economy in 2018, particularly with the introduction of a made-in-Vietnam branded car.
Vietnam’s first car manufacturer VinFast, under Vingroup, presented the designs for its new line of vehicles named Premium, and officially launched a contest to select the public’s favourite designs on January 15.
The Ministry of Industry and Trade (MoIT) will implement solutions to support and promote the automobile industry projects of companies such as Truong Hai Automobile Company (Thaco), Thanh Cong Group, VinFast and others.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Sedan Lux A 2.0 - a car model of Vinfast. (Photo: VNA) 
