Business Daily Media

The Times


.

VinFast officially launches in the Middle East

DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 28 October 2024 – At Bluewaters Island (Dubai), VinFast Auto held the official brand launch event in the Middle Eastern market, showcasing a variety of smart and green mobility solutions.

This event marks a significant milestone in VinFast's global expansion strategy and reinforces its commitment to providing sustainable and green transportation solutions in the region.

The VF 8 model will be sold in the Middle Eastern market.
The VF 8 model will be sold in the Middle Eastern market.

On the same day as the brand launch, VinFast, together with its partner Al Tayer Motors, officially opened its first dealership in the United Arab Emirates (UAE), located in the downtown area of Dubai. With a total area of over 1,000 square meters, the store is designed with a modern and luxurious style, integrated with a service workshop, providing customers the opportunity to directly experience VinFast's smart electric vehicles, including the VF 6, VF 7, VF 8, and VF 9 models.

With modern design, advanced technology, and impressive performance, VinFast's electric vehicles promise to bring entirely new driving experiences to customers in the UAE as well as the Middle East region. Previously, on October 17, 2024, VinFast signed a Memorandum of Understanding with Charge&Go to promote the installation and operation of a network of public charging stations and related services in the UAE.

According to plans, additional VinFast dealerships in the Middle East, including Saudi Arabia, Qatar, Kuwait, and Bahrain, will be opened later this year. The VinFast VF 8 model is expected to be priced starting from $47,500 (Eco trim) and from $51,500 (Plus trim) when it is launched for sale in the Middle East.

Speaking at the event, Mr. Ta Xuan Hien, CEO of VinFast Middle East, shared: "Today's official brand launch in the Middle East marks an important step in VinFast's journey to expand its presence in the global electric vehicle market. We are proud to partner with Gulf nations in the electrification revolution, offering smart and powerful electric vehicles with exceptional warranties, while gradually realizing our expansion plan in the Middle East and globally."

As a pioneer in the all-electric vehicle strategy, VinFast has established a strong reputation with its presence in numerous international markets such as the U.S., Canada, Europe, Indonesia, India, and the Philippines. The Middle East is a new advancement in VinFast's expansion strategy, especially as countries in the region are adopting policies to accelerate the development of electric vehicles.

In the Middle East, VinFast has signed exclusive partnership agreements with three leading regional dealers: Al Tayer Motors (UAE), Al Mana Holdings (Qatar), and Bahwan Automobiles & Trading (Oman). By promoting collaboration with top partners in the Middle East, VinFast is actively participating in realizing green mobility solutions in the region, while affirming the commitment of the Vietnamese electric vehicle manufacturer to making EVs more accessible to everyone.


Hashtag: #VinFast #Vingroup #EV


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

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play 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

Among the Giants: Aventra Group Unveils Pioneering ISO 42001 AI Framework to Smash Enterprise Procurement Bottlenecks

Aventra Group secures the international ISO/IEC 42001 standard across its operations, technology infrastructure, and core business applications—unifying AI governance with existing ISO 27001 and SO...

Qupital Unveils World’s First AI-Driven On-Chain E-Commerce Lending Protocol, Accelerating Web3 Global Trade Finance

Combining real-time AI credit monitoring with Ethereum smart contracts and USDC settlement, Asia’s digital trade finance leader addresses a US$2.5 trillion SME trade financing funding gap opportuni...

New allnex Leadership Team to drive next phase of growth

FRANKFURT, GERMANY – Media OutReach Newswire – 6 October 2026 – allnex is evolving its leadership team and business structure to accelerate the next phase of growth, bringing technology, c...

Jazz Hipster Brings High-Resolution Audio Standards to the Active Speaker Market with a 96kHz Wireless Audio Platform

NEW TAIPEI CITY, TAIWAN – Media OutReach Newswire – 6 October 2026 – Jazz Hipster Corporation, an ODM specializing in high-end audio systems, today announced a new high-resolution wireless audio p...

DigiFT Unlocks On-Chain Access to Leading U.S Treasury Money Market Fund

SINGAPORE - Media OutReach Newswire - 6 October 2026 - DigiFT, a Monetary Authority of Singapore–licensed digital asset exchange, today launched tokenized access to interests in a U.S. Treasury mo...

VinFast VF 3 Honoured As "Trusted & Popular Brand 2026" At Disway Awards

JAKARTA, INDONESIA - Media OutReach Newswire - 6 October 2026 - The VinFast VF 3, a mini SUV from Vietnam, has been honoured with the "Trusted & Popular Brand 2026" title in the Passenger BEV ...

HID Enhances FARGO® DTC Printer Line to Help Organizations Issue Faster, More Secure ID Cards

Upgrades improve print quality, strengthen security and simplify ID card issuanceSINGAPORE - Media OutReach Newswire – 6 October 2026 – HID, a global leader in trusted identity solutions, is r...

Vingroup And Alstom Sign Technology License Agreement To Develop Hanoi’s Next-Generation Urban Rail Network

HANOI, VIETNAM - Media OutReach Newswire - 6 October 2026 - Vingroup and Alstom, a global leader in rail technology, have signed a rolling stock contract and a Technology License Agreement (TLA)...

"Investment Advisers are Either Going to Be on the Crest of This AI Wave, or They are Going to Drown Under It": Ray Dalio

As AI reshapes investing and advisory roles, WMI targets 21,000 enrolments in practical, role-specific AI training for wealth and asset management professionals over three years.SINGAPORE – Media ...

HKCEC Hosted 25 New Exhibitions and Conferences, Successfully Hosts Multiple Hong Kong and Asian Debuts Set to Return Next Year.

Totals 786 Events in FY 2025–2026; Reinforcing Hong Kong’s Position as the "International Convention and Exhibition Hub"HONG KONG SAR – Media OutReach Newswire – 6 October 2026 – The Hong Kong Con...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

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...