Business Daily Media

The Times

.

VinFast officially starts sales of VF e34 e-SUV in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 28 March 2024 - VinFast Auto (Nasdaq: VFS) has officially opened sales of the VF e34, a C-segment electric SUV with a right-hand drive configuration, marking VinFast's first offering in the Indonesian market.

The company has also introduced a unique battery subscription policy that will help reduce upfront purchase costs and highlights VinFast's commitment to making electric vehicles more accessible to everyone.

Caption

VinFast has begun selling the VF e34 in Indonesia, marking a significant milestone in its Southeast Asian expansion. The VF e34 will have a starting list price excluding the battery of IDR 315,000,000.

With the goal of popularizing green mobility and strengthening its competitiveness in Indonesia, VinFast has also launched a unique, groundbreaking battery subscription policy, helping reduce both the upfront purchase price and ongoing running costs.

Customers will pay 1,500,000 IDR per month for up to 3,000 km and 2,600,000 IDR per month for distances over 3,000 km. This approach ensures that the combined cost of the battery subscription and charging remains significantly lower than operating a gasoline car in the same segment for frequent drivers.

According to the battery subscription policy, VinFast will maintain and replace the battery free of charge if capacity falls below 70%, reducing the burden of potential battery degradation repair or replacement costs, as well as ensuring peace of mind for customers throughout the ownership of the VF e34. Additionally, the VF e34 comes with VinFast's standard 10-year warranty for the vehicle.

Mr. Tran Quoc Huy, VinFast Indonesia CEO, said: "Following our successful debut at the 2024 Indonesia International Motor Show, VinFast is proud to bring its first right-hand drive electric car to Indonesia, marking a significant step in our ambitious expansion plans in Southeast Asia. With the modern, powerful, and capable VF e34 model, we aim to support Indonesian consumers on their journey towards a sustainable transportation future".

The VF e34 measures 4,300 mm long, 1,793 mm wide, and 1,613 mm tall with a 2,611 mm wheelbase and 180 mm of ground clearance. Equipped with an electric motor with a maximum output of 110 kW and 242 Nm of torque, it utilizes a front-wheel drive system for a smooth and efficient ride. As a result of its 42-kWh battery pack, the VF e34 boasts a range of 318 km on a single charge, making it the perfect companion for daily commutes.

The vehicle is fully equipped with advanced safety features and a suite of user-friendly smart technologies that come standard, including remote software updates, voice control support, battery charging status monitoring, and more. Additionally, the VF e34 boasts theft risk warnings and the ability to remember user usage habits for a more personalized experience.

As VinFast's first electric vehicle to lead Vietnam's green transportation revolution, the VF e34 arrives in Indonesia ready to redefine urban mobility. This smart and dynamic SUV promises a new lifestyle for city dwellers, all while accelerating the growth of the Indonesian electric vehicle market. The first VF e34 cars are expected to be delivered to Indonesian customers in the second quarter of this year.

VinFast is targeting expansion to at least 50 countries in 2024. In addition to key markets such as the U.S., Canada, and Europe, VinFast is building its presence in neighboring countries in Southeast Asia such as India, Indonesia, Thailand, and the Philippines, as well as the Middle East and Africa. Alongside its Vietnamese operations, VinFast is also accelerating the construction of manufacturing plants in the U.S. and India, with plans for an additional plant in Indonesia.

Hashtag: #VinFast

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

About VinFast

VinFast – a member of Vingroup – envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with scalability that boasts up to 90% automation in Hai Phong, Vietnam.

Strongly committed to the mission for 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

HRiQ™ Unveils Intelligent HR System With AI-Powered Functions, Extending Professional-Grade Capabilities to Organisations of Every Size

SINGAPORE - Media OutReach Newswire - 28 May 2026 - HRiQ™ by IQ Dynamics has officially announced an intelligent HR System aimed at easing HR practitioner pains and processes, its next-generation...

Bracell Exceeds Female Entrepreneurship Target and Reaches 73% of Projects Led by Women

Company brings forward its Bracell 2030 target and strengthens social impact through income generation and female empowerment in local communities SINGAPORE - Media OutReach Newswire - 28 May 2026...

TrendAI™ is recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Endpoint Protection Platforms

Named a Leader in Endpoint Protection Platforms 21 times in a row HONG KONG SAR - Media OutReach Newswire - 28 May 2026 - TrendAI™, the enterprise AI security leader from Trend Micro Incorpora...

Eternal Group Launches "The Eternal Path to China" at Esxence 2026, Offering a Strategic Roadmap for International Fragrance Brands Entering the Chinese Market

HONG KONG SAR - Media OutReach - 28 May 2026 - Eternal Beauty Holdings Limited (Eternal Group; Stock Code: 6883.HK), for over four decades the preeminent strategic gateway for fragrance and beauty...

Friso Champions Good Gut Health this World Digestive Health Day with The Secret Garden to Good Poop

SINGAPORE - Media OutReach Newswire - 26 May 2026 - Parents know that good gut health matters, but terms like gut microbiota, prebiotics, and probiotics can often feel overwhelming and difficult t...

TabTrade Edge Matches the Industry's Lowest Average Spreads on the Majors, Datalyst Data Shows

Measured across the full month with the daily rollover excluded, the Edge account averaged 0.04 pips on the majors, level with the best in the field. RODNEY VILLAGE, SAINT LUCIA – Media OutReach N...

Linz Health Launches Advanced Neurorehabilitation Clinic in Hong Kong

HONG KONG SAR - Media OutReach Newswire - 28 May 2026 - Linz Health, an Australian-founded neurorehabilitation provider, has launched its first Hong Kong clinic, introducing a specialised out...

Leading UK school group to establish Phuket campus as international school demand grows beyond Bangkok

Recognised as Independent Secondary School of the Year 2026, NLCS will bring its academic model to Cherng Talay through a new day and boarding school for families across Thailand and the region ...

Oi Wah FY2026 Net Profit Surges by Nearly 48%, Continuous Expansion of Net Interest Margin Demonstrates Business Resilience

Prudent Risk Management Yields Solid Outcomes metrics, Core Pawn Business Demonstrates Resilient Growth with Proposed Final Dividend of HK$1.15 cents per share Results Highlights: Profit ...

ONYX Hospitality Group Advances Quality-Led Growth Across Asia-Pacific Through a Disciplined and Strategic Portfolio Expansion Approach

BANGKOK, THAILAND - Media OutReach Newswire - 28 May 2026 - ONYX Hospitality Group, a leading hospitality management company in Asia Pacific specialising in hotels, resorts, serviced apartments, a...

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...

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...