Business Daily Media

The Times


.

VinFast Partners with Five Dealers in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 16 February 2024 - At the Indonesia International Motor Show (IIMS) 2024, VinFast Auto officially signed the Letter of Intent with five dealers in Indonesia. The signing marks an important step in expanding VinFast's distribution network in the Indonesian market and strengthening its brand recognition and competitiveness globally.

VinFast Partners with Five Dealers in Indonesia


The first VinFast dealers in Indonesia include BAM, GCC, and GSU, with headquarters in Jakarta; MCA, based in Medan; and Majesty, headquartered in Batam. These agreements will help VinFast quickly establish its brand presence and link to local customers.

Indonesian dealers are expected to start selling the VF 5, VF e34, VF 6, and VF 7 models later this year following their official launches in the market. Pricing and sales details, including order times and after-sales policies, will be officially announced in the first half of 2024.

Mr. Tran Quoc Huy, VinFast Indonesia CEO, said: "VinFast is delighted to partner with leading automotive dealers in Indonesia to bring local customers modern, exciting, and eco-friendly mobility solutions. We believe these agreements pave the way for a strong development foundation for VinFast and its partners, while also unlocking boundless opportunities for the local and regional sustainable transportation industry."

Mr. Hartono Kurniawan, Director of BAM said: "We are thrilled to partner with VinFast, a brand renowned for its green vision and strong foundation in the electric vehicle industry. This strategic cooperation will bring high-quality, competitively priced vehicles with youthful design and outstanding after-sales support to the Indonesian market, promoting the development of the domestic electric vehicle industry."

VinFast aims to expand its electric vehicle distribution network this year to cover all major cities in Indonesia. This move demonstrates VinFast's determination to quickly become the preferred electric vehicle brand for Indonesian consumers, as well as illustrates its global vision, including the goal of promoting the zero-emission transportation revolution for a green future for everyone.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.

Strongly committed to the mission of a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: .

News from Asia

A New Category Is Emerging in the Premium Residential Market — the "Presidence"

Experts say a self-contained, service-led residential format built for multigenerational ownership is emerging at the very top of the market — and that demand for it is rising worldwide.SINGAPORE –...

Marvel Capital Holdings Ltd Opens New Regional Office in Kuala Lumpur to Expand Private Trust and Cross-Border Family Office Solutions Across Asia

New KL Eco City office strengthens the company's regional presence through strategic partnerships with leading banking, trustee, insurance, and wealth planning institutions. KUALA LUMPUR, MALAYSIA...

Sammy King appointed General Manager of W Macau – Studio City

MACAU SAR – Media OutReach Newswire – 13 August 2026 – W Macau – Studio City, located within Melco Resorts & Entertainment's integrated resort of Studio City in Cotai, Macau, is pleased to ann...

CPA Australia outlines recommendations for Hong Kong’s First Five-Year Plan and 2026 Policy Address

HONG KONG SAR – Media OutReach Newswire – 13 August 2026 – CPA Australia has suggested the HKSAR Government to use Hong Kong's First Five-Year Plan (2026–2030) and the 2026 Policy Address to str...

Kuehne+Nagel invests in new Container Freight Station in Cambodia

New 20,000 sqm facility will more than triple Kuehne+Nagel's Container Freight Station capacity in Cambodia Strategic location strengthens cross-border connectivity between Cambo...

Huong Viet Properties launches Palm River riverside apartment precinct

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 13 August 2026 - Huong Viet Properties has launched Palm River, a new riverside apartment precinct within Palm City in eastern Ho Chi Minh Cit...

Forest City Highlights Nearly 40 International Awards and Certifications

Recognition from the U.S. Green Building Council, Global Forum on Human Settlements, GEO Foundation, and Asia's Top 100 Golf Courses — and what that recognition proves about the full picture of For...

Chubb Life Hong Kong Launches Critical Illness Plans with Market-First Features and Broader Protection for Customers with Diverse Health Needs

Chubb Care Critical Illness Series offers comprehensive protection for healthy individuals, cancer survivors and individualswith cardiovascular disease or diabetes histories, helping addres...

Yung Kee Preserves Heritage Craftsmanship in Every Mid-Autumn Reunion

The “Mini Moon Quartet” Unveils Four Distinct Flavors Crafted with Elegance HONG KONG SAR – Media OutReach Newswire – 13 August 2026 – As the Mid-Autumn moon peaks, reunion means more than a gathe...

Bora Group Posts Record 2Q26 Revenue and Strong Profits as Margins expand and Operations Resume Demand-Driven Growth

HONG KONG SAR - Media OutReach Newswire – 13 August 2026 – Bora Pharmaceuticals ("Bora"; TWSE: 6472; OTCQX: BORAY) today announced its financial results and operational highlights for 2Q2026 and ...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...