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

CyCraft Named a Sample Provider in the Gartner® Latest AI Reasoning Models Report—The Only Taiwan-Based Cybersecurity Provider Listed

TAIPEI, TAIWAN - Media OutReach Newswire - 16 July 2026 - CyCraft (Stock Code: 7823) has been recognized by the global business and technology insights organization Gartner in its latest report, ...

Launch ceremony of third edition of Hong Kong Fashion Fest Held on July 9

HONG KONG SAR - Media OutReach Newswire - 16 July 2026 - Presented by the Government of the Hong Kong Special Administrative Region, spearheaded and sponsored by the Cultural and Creative Industri...

TrendAI™ Named a Champion for the Fourth Consecutive Year in Omdia’s Global Cybersecurity Platform Ecosystems Leadership Matrix 2026

Recognition highlights the TrendAI™ partner-first platform model, ecosystem expansion, and AI-driven tools supporting partner-led growthHONG KONG SAR - Media OutReach Newswire - 16 July 2026 - Tr...

Vinhomes' Comprehensive Execution and Long-Term Operation Drive Interest from Global Institutional Investors

HANOI, VIETNAM - Media OutReach Newswire - 16 July 2026 - Through the successful development and operation of an internationally recognized integrated urban ecosystem on a significant nationwide s...

Trends Report 2026: AI, subscriptions and digital payments reshape Asia Pacific e-commerce

New DHL eCommerce survey reveals gap between AI usage and trust, rising demand for subscription models, as well as openness towards more digital payment optionsHANOI, VIETNAM - Media OutReach News...

True Chiropractic Frames Longevity Within Preventive Healthcare Strategy

SINGAPORE - Media OutReach Newswire - 16 July 2026 - As interest in preventive healthcare and longevity continues to grow, chiropractic care is increasingly discussed as part of maintaining mobil...

Hang Lung Launches the Third Phase of "66 and beyond" Anniversary Celebration

Portfolios Across the Chinese Mainland Launch the “66 Let Loose” Summer Carnival to Energize Local CommunitiesHONG KONG SAR & SHANGHAI, CHINA - Media OutReach Newswire - 16 July 2026 - Hang Lu...

Schlumberger Foundation Honors Nine Women Scientists and Engineers with the 2026 Faculty for the Future Impact Prize

The Faculty for the Future Impact Prize recognizes proven initiatives and accelerates their next stage of development KAMPALA, UGANDA - EQS Newswire - 16 July 2026 - The Schlumberger Foundat...

Johnson Electric reports Business and Unaudited Financial Information for the First Quarter of Financial Year 26/27

HONG KONG SAR - Media OutReach Newswire - 16 July 2026 - This news release is made by Johnson Electric Holdings Limited ("Johnson Electric" or the "Company" and together with its subsidiaries, the...

Rhenus to Further Strengthen Warehousing Solutions in the Philippines

Rhenus Philippines aims to develop modern warehouse infrastructure and improve in-country operational efficiency, elevating the quality of warehousing services through enhanced processes, t...

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...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...