Business Daily Media

The Times


.

VinFast opens first three dealer showrooms in the Philippines

MANILA, PHILIPPINES - Media OutReach Newswire - 16 July 2024 - VinFast has officially opened its first three dealerships in the Philippines, reaffirming its commitment to providing Filipino consumers with modern and smart electric vehicles.



Ms. Nguyen Thi Minh Ngoc – CEO of VinFast Philippines (center) cuts the ribbon to officially inaugurate VinFast
Ms. Nguyen Thi Minh Ngoc – CEO of VinFast Philippines (center) cuts the ribbon to officially inaugurate VinFast's first dealership in the Philippines.

The three dealerships that opened today are VinFast Aseana, VinFast EDSA, and VinFast Alabang. Located in prime locations in the capital city of Manila, these dealerships will showcase the VF 5, VF 7, and VF 9 electric SUV models.

The VF 5 electric SUV is now officially available for sale. Filipino customers can experience and order the car immediately at VinFast dealerships and through the website https://vinfastauto.ph/

VinFast showrooms boast a modern and luxurious design, featuring a dominant blue color that reflects the sophistication and class of the VinFast brand. This promises Filipino customers a premium and convenient shopping experience.

Ms. Nguyen Thi Minh Ngoc, CEO of VinFast Philippines, shared: "The grand opening of VinFast's first three dealerships in the Philippines marks a significant milestone in our journey to conquer the potential electric vehicle market here. The attention and support for VinFast in the past time has affirmed our brand appeal and potential in the Philippine market. With an increasingly expanding dealer network, VinFast is committed to bringing Filipino consumers high-quality products and dedicated service, contributing to promoting the electrification revolution and improving the quality of life."

Mr. Allan Ong, General Director of K1 Prestige Bay Motors Inc., owner of VinFast Aseana dealership, shared: "As a strategic partner of VinFast, we're incredibly impressed by the brand's rapid global expansion and the immense potential it holds in the Philippine market. With our extensive experience in the automotive industry and established network of stores, we're confident in becoming a reliable partner, working alongside VinFast to explore and thrive in this exciting market."

VinFast prioritizes leading after-sales and warranty policies, aiming to deliver complete peace of mind for electric mobility consumers. The company has also pioneered a battery subscription policy, helping to reduce initial ownership costs and eliminate concerns about battery life and potential repair or replacement expenses.

VinFast plans to further expand its dealer network to major centers and cities in the Philippines throughout 2024. This network development aims to increase brand awareness, quickly exploit market potential, and meet the growing demand for electric mobility in the country.

Hashtag: #VinFast

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

About VinFast Auto Ltd.

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at:

News from Asia

Airwallex and Air Corporate Launch One-Step Setup for Hong Kong Startups to Deliver Day-One Transaction Readiness

New partnership turns incorporation into a transaction-ready business in a single application — and sponsors 10 founders every month with a free upgrade to the fully-managed Expert packageHong Kong...

Etiqa Insurance Singapore Appoints Claudia Soh as Chief Executive Officer to Lead Next Chapter of Growth

Veteran insurance leader to accelerate growth, strengthen partnerships and drive customer-focused innovationSINGAPORE - Media OutReach Newswire - 14 August 2026 - Etiqa Insurance Singapore today a...

Allianz Insurance Singapore Wins Three Awards at Asia Consumer Insurance Awards 2026, Reinforcing Commitment to Protecting Singaporeans Against Emerging Risks

SINGAPORE – Media OutReach Newswire – 14 August 2026 – Allianz Insurance Singapore Pte. Ltd. ("Allianz") has won three awards at the Asia Consumer Insurance Awards 2026 — Best EV Insurer, Inn...

XTransfer Serves Over 1 Million Enterprise Clients

China Foreign Trade Industry Annual Mega-Event “XTransfer Summit 26” Concludes SuccessfullySHENZHEN, CHINA – Media OutReach Newswire – 14 August 2026 – XTransfer, the World's Leading B2B Cross-bo...

Cambodia Government and Church Leaders Celebrate Opening of Phnom Penh Temple

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 14 August 2026 – Cambodia officials and leaders of The Church of Jesus Christ of Latter-day Saints commemorated the completion of the Phnom Penh Ca...

Rhenus and shipzero launch strategic partnership to scale Book and Claim across air, ocean and road transport

Partnership opens new avenue for Rhenus to offer customers audit-ready Book and Claim solutions for reducing the climate impact of transport emissions shipzero platform provides c...

Hong Kong Postnatal Care Ushers in a Breakthrough Era: "Anna Postnatal Care Center" Introduces Innovative Technique Achieving "Zero Breast Contact" During Pain Phases and Rapid Pain Relief in 1 to 3 Minutes

Combining years of Traditional Chinese Medicine (TCM) background with all-around home-visit emergency services, the technique completely shatters traditional blind spots of forceful massaging, help...

Powering the Future - Greenworks Power Takes Center Stage at North American Dealer Meeting, Opening a New Chapter in Global Battery-Powered Tools

MOORESVILLE, UNITED STATES - Media OutReach Newswire - 14 August 2026 - At the 2026 North American Sales & Dealer Meeting, held August 10–12, Greenworks introduced its new strategic vision, Gr...

NINGJI Takes Centre Stage at KLCC, Strengthening Its Position as a Benchmark for Southeast Asian Expansion Through Five Key Localization Strategies

HONG KONG SAR - Media OutReach Newswire - 14 August 2026 – From 23 to 25 July 2026, the ninth Franchise Expo Malaysia 2026 was held at the Kuala Lumpur Convention Centre (KLCC)...

"YOU BRING CHARM TO THE WORLD — The 18th Global Chinese Awards" Concludes in Beijing

BEIJING, CHINA – Media OutReach Newswire – 14 August 2026 – The "YOU BRING CHARM TO THE WORLD — The 18th Global Chinese Awards" came to a close at the Phoenix Center in Beijing on the evening of A...

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...