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News 2026-09-21 11:28 UTC

VinFast refocuses on Vietnam, appoints Pham Nhat Quan Anh CEO

VinFast said 175,099 EVs in Vietnam (89% of sales) generated about 80.4T VND revenue, and it appointed Pham Nhat Quan Anh as CEO. The company also secured a $200M SACE credit line and pivoted India plans to two local EVs, while Tesla’s Vietnam entry pressured VFS shares.