HANOI, VIETNAM-
Media OutReach Newswire -
16 May 2025 - Ford means America. Toyota means Japan. And now VinFast -
a name unfamiliar to most Westerners just 8 years ago - is becoming
synonymous with Vietnam. The automaker, born from the Vingroup
conglomerate, isn't just selling cars. It's selling a new image of a
nation long associated with rice farmers, poverty, and war.
From its start as a gasoline car manufacturer primarily serving Vietnam,
VinFast has quickly evolved into a global electric vehicle (EV) brand.
Its journey from domestic assembly lines to international presence
unfolded at remarkable speed, establishing footholds in North America,
Europe, and Asia within just a few years.
On a recent day in May, VinFast signed new dealer agreements with
ASTRADA SIMVA in France and Schachtschneider Automobile in Germany,
respectively. While the news are are not big per se, the significance
runs deeper than business headlines suggest. Each VinFast dealership
opening represents Vietnam planting a flag in markets once exclusively
dominated by German engineering, American muscle, and Japanese
reliability.
"We are proud to partner with VinFast, standing alongside this
Vietnamese brand in driving the global green revolution," said Renzo
Schachtschneider, owner of Schachtschneider Automobile, which will
operate three new dealerships[1].
VinFast's European push follows similar moves across North America and
Asia, but it doesn't merely want to be a passive participant in the EV
transition. Increasingly, developing countries, particularly in
Southeast Asia, where the VinFast dream was born, want to embed
themselves deep into the EV supply chain. This audacity signals a shift
in how Vietnam positions itself in the international order, from
manufacturing hub to innovation source.
Countries have long used commercial brands as extensions of national
identity. South Korea leveraged Samsung to reshape global perceptions.
Japan did the same with Sony decades earlier. Vietnam's strategy through
VinFast follows this playbook while writing its own chapter.
The road isn't smooth. EV demand fluctuates. Competition is fierce. Yet
the company's willingness to adapt, shifting toward a dealership sales
model globally and entering untapped markets like the Middle East and
India, reflects a distinctly Vietnamese resilience.
The Middle East entry is particularly telling. These are markets with
deep pockets and high standards, where luxury European brands have long
dominated. VinFast's move into this territory shows confidence not just
in its vehicles but in the "Made in Vietnam" identity they carry.
But even more than that, governments in the region are increasingly
paying attention to clean mobility solutions and green industrial
partnerships, with initiatives to bring about a sustainable future like
Saudi Arabia's Vision 2030 or the UAE's Net Zero 2050 Strategy. These
national agendas create fertile ground for a new player like VinFast,
one that offers not just electric vehicles, but also the chance for
diversification beyond traditional Western and Chinese sources.
In stores from Germany to Dubai, VinFast is reshaping perceptions one
test drive at a time. Vietnam is no longer just a vacation destination
or manufacturing location; rather, it's the home of a company bold
enough to challenge automotive giants on their home turf. The vehicles
carry passengers, but they also carry Vietnam's story into the world.
https://vingroup.net/en