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

Bernie & Bella Welcome Families to a Summer of Fun at Swiss-Belhotel International

JAKARTA, INDONESIA - Media OutReach Newswire - 25 May 2026 - Swiss-Belhotel International (SBI), the global hospitality management group with a growing portfolio of hotels, has announced an enhan...

3E Accounting Marks 15 Years of Excellence, Accelerating Global Business Growth with AI-Powered Efficiency

From incorporation to compliance, the award-winning firm combines automation and practical expertise to support business growth across 110+ countries. SINGAPORE - Media OutReach Newswire - 25 May...

BrokersThai Data: Local Traders Compare Gold and Crypto Side by Side as Markets Shift

BANGKOK, THAILAND - Media OutReach Newswire - 25 May 2026 - Thai retail investors are increasingly changing the way they manage their portfolios amid rising volatility across global financial mark...

ONYX Hospitality Group Enters Joint Venture with JR Kyushu Group to Develop Shama North Pattaya, Strengthening Strategic Partnership in Thailand

BANGKOK, THAILAND - Media OutReach Newswire - 25 May 2026 - ONYX Hospitality Group, a leading hospitality management company in Asia Pacific specialising in hotels, resorts, serviced apartments, ...

KPMG Launches Trusted AI Centre of Excellence to Strengthen Singapore’s Position as a Globally Trusted AI Hub

At the launch, KPMG also unveiled its Trusted AI Assurance offering that is aligned with relevant international standards and frameworks to mitigate risk and build trust in AI deployment...

TCMA x Chulalongkorn University Join Forces with Canadian Partners to Advance Strategic Collaboration for a Low-Carbon Industry toward Net Zero 2050

BANGKOK, THAILAND - Media OutReach Newswire - 25 May 2026 - Thai Cement Manufacturers Association (TCMA) has signed a Memorandum of Understanding (MoU) with Chulalongkorn University to advance a ...

Rainforest Tea Culture from Wuzhishan, China, Debuts in Rome

ROME, ITALY - Media OutReach Newswire - 26 May 2026 - The Rainforest Children's Choir and Rainforest Large-Leaf Tea from Wuzhishan, Hainan, China, took centre stage at the International Tea Day ev...

"Made in Binzhou" Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission

BINZHOU, CHINA - Media OutReach Newswire - 25 May 2026 - On May 11, experimental samples for the project "Study on the Effect of Rotating Magnetic Field on the Solidification Process of Aluminum-b...

JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High

SINGAPORE - Media OutReach Newswire - 26 May 2026 - JOYY Inc...

Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market

As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...

GEO and the AI search shift reshaping Australian and New Zealand business visibility

For years, one of the biggest digital marketing questions for businesses was ‘how do we get onto page one of Google?’ That question still matters, ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...

Sectorial ATO Tax Debt Disclosures Rise, Overall Business Credit Demand Flattens and High-Risk SME 'Credit Shopping' hits 8-month peak

Q1 2026 Equifax Business Market Pulse shows low-risk borrowers consolidate demand enquiries while sub-prime entities accelerate shopping activity ...

SME support in Federal Budget falls short of easing business pressures

“The Federal Budget delivered several measures aimed at supporting small businesses, including making the instant asset write-off permanent, exten...