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

Driven by Ambition: Indonesian Student Clarrence Mae Charts Her Future at CUHK

HONG KONG SAR - Media OutReach Newswire - 28 August 2026 - For many aspiring business leaders in Southeast Asia, Hong Kong represents more than a study destination; it is a gateway to global marke...

TrendAI™ Ranks First on CyberGym Agentic AI Security Benchmark

The 97% success rate places TrendAI™ ahead of all other entrants on the AI security benchmarkHONG KONG SAR – Media OutReach Newswire – 28 August 2026 – The TrendAI™ agentic exploit-remediation eng...

Apical Strengthens Collaboration to Prevent Stunting Through Nutritious Menu Creation Competition

SINGAPORE – Media OutReach Newswire – 28 August 2026 – Apical, through its operating unit PT Kutai Refinery Nusantara (KRN), recently organised a nutritious menu creation competition for children ...

DTC World Repositions as a Creative Merchandise Company, Putting Campaign Objectives Before Product

Singapore-headquartered company adopts a campaign-led model for consumer brands across Asia-Pacific, designing creative merchandise that consumers choose to keep.SINGAPORE - Media OutReach Newswir...

Astrum Space Inc to Go Public Through Business Combination With Black Spade Acquisition III Co

Astrum Space Inc ("Astrum") is developing a next-generation satellite-to-device ("S2D") broadcast network to serve the Asia-Pacific region. Astrum holds 25 MHz of contiguous L-ban...

"Siam Paragon Bangkok Watch Week 2026" Elevates Bangkok as a Global Watch Destination

Bringing Together More Than 45 Leading Watch Brands to Celebrate Watch Culture Through The Symposium, Featuring Influential Voices from the World of Horology and Discover Exclusive Exhibitions a...

HKPC Launches "AI for All" Inclusive Programme

Empowering SMEs and Working Professionals to Embrace AI and Foster Widespread AI Adoption in Hong KongHONG KONG SAR – Media OutReach Newswire – 28 August 2026 – The Hong Kong Productivity Council ...

Huawei He Tingbo Named to TIME'S Fourth Annual List of The TIME100 AI 

SHENZHEN, CHINA – Media OutReach Newswire – 28 August 2026 – TIME named He Tingbo, President of HiSilicon, Huawei's semiconductor division, to the 2026 TIME100 AI, a list recognizing the 100 mos...

Arup and Saint-Gobain launch global report on adapting buildings to climate change in Hong Kong

Industry leaders and practitioners gathered in Hong Kong to advance climate adaptation, building transformation and AI-enabled solutions for a more resilient built environment across Asia.HONG KONG...

Pokrovsky Carbon Polygon Ready to Transfer Technologies to Mongolia

ULAANBAATAR, MONGOLIA – Media OutReach Newswire – 28 August 2026 – The team of the Pokrovsky Carbon Polygon has announced its readiness to transfer its carbon monitoring and carbon farming technol...

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...