Business Daily Media

The Times


.

VinFast Finds Strategic Opening in Gulf’s EV Shift

The Gulf nations offer more than growth potential. For VinFast, it presents a well-timed opportunity to expand into a region that’s actively investing in clean transportation while remaining open to new players.

HANOI, VIETNAM - Media OutReach Newswire - 29 May 2025 - Gulf countries are reinventing themselves, quickly. They are now investing in cleaner energy, modern infrastructure, and long-term economic resilience. National strategies like UAE Vision 2031 and Qatar Vision 2030 are pushing change across energy, transport, and technology.

VinFast officially launched in the Middle East in October 2024.
VinFast officially launched in the Middle East in October 2024.

Electric vehicles can play an important part in this shift. They support environmental goals and open up new industrial opportunities, helping to build new value chains and attract long-term investment. What's more, people in the region are already warming up to EVs.

In the UAE, for example, 63% of residents want EVs to be their main way of getting around by 2025, according to a YouGov survey[1]. Around 73% believe that by 2028, charging stations will be available every few kilometers. These findings show that consumers are ready for change and already have expectations for the infrastructure. They're looking for reliable options, and they're open to new brands that can deliver quality and long-term support.

Governments are playing an active role in speeding up this transition, in part to prepare for a post-oil future. Countries across the Gulf are investing in EV strategies as part of their broader economic diversification plans. Qatar's EV Strategy 2021 is already showing results. Over 70% of its public buses are now electric[2], and its policies promote local assembly, training, and infrastructure partnerships. Oman is also making progress, with initiatives like Net Zero 3 aimed at cutting emissions and reducing fuel use. The country plans to have at least 22,000 EVs on the road by 2040 and to phase out fossil fuel vehicles by 2050[3].

From a bird's eye view, these policies reflect broader national and regional goals to diversify the economy and reduce reliance on fossil fuels. Meeting those goals requires partners who can contribute to more than just car sales, leading governments to look for companies that will help build service networks, support local jobs, and stay for the long term.

The call for growth in untapped markets is proving irresistible to international brands. One of them is VinFast, the best-selling car brand in Vietnam. It is stepping into this space with the right offer at the right time, bringing more than ambition. The company has already opened a dealership in downtown Dubai and launched a showroom in Muscat. Its models are smart, practical, and priced to attract high-paying consumers.

The Gulf's EV market is still developing, which gives early entrants like VinFast a real advantage. There's space to build customer trust, establish brand recognition, and help shape the expectations of a new generation of EV buyers. By coming in early and backing up its presence with reliable service and local engagement, VinFast can stand out in a space that is filling up fast.

For VinFast, a global brand that has established a presence in more than a dozen countries, the Gulf nations and the broader Middle East region are not merely another stop on the map. They represent a strategic move that aligns with both what the company offers and what the region needs. Demand is rising. Policies are in place. And the door is wide open.
Hashtag: #VinFast


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

News from Asia

Easmed and The Air Station unveil hidden sleep apnea risk across Singapore's workforce in landmark survey

Findings uncover a hidden sleep crisis driving daytime exhaustion and productivity loss despite a full night's rest Almost the entire office workforce (97%) experiences performance drops fol...

AI Search Rewrites the Rules: Healthcare, Finance, and Professional Services Among Five Industries Hit Hardest — GeniusHub: Ranking First No Longer Means Being Seen

As YMYL industries become the hardest hit by AI search, GeniusHub points to whether content can be independently cited by AI as the deciding factor — and opens 10 free GEO visibility health checks...

Save The Children Hong Kong Launches Every Moment Matters

Snow Suen, 6 Wing, Tracy Chu and Karen Cheng join forces to support students HONG KONG SAR – Media OutReach Newswire – 10 September 2026 – As the new school year begins, children are meeting n...

Gooval Launches Shipping Secure Service in Partnership with Ping An P&C Insurance

SHENZHEN, CHINA - EQS Newswire - 10 September 2026 - At the "The Future is Now: 2026 DTC Brands Global Growth Strategy Summit" held today in Shenzhen, Gooval officially launched its global flagship...

Kenanga Investment Bank Introduces World’s First Hang Seng Biotech Index Structured Warrants to Malaysia

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 10 September 2026 – Kenanga Investment Bank Berhad ("Kenanga Group" or "The Group") is proud to unveil the world's first structured warrants link...

UnionPay, Official Payment Partner of the 26th CIFIT, Facilitates Global Development with Payment Innovation

XIAMEN, CHINA – Media OutReach Newswire – 10 September 2026 – On September 8, the 26th China International Fair for Investment and Trade (CIFIT) opened at the Xiamen International Expo Center...

Arvato Systems Malaysia Recognized at Asia Pacific Enterprise Awards (APEA) 2026 Regional Edition for Excellence in Corporate Integrity and Governance

KUALA LUMPUR – Media OutReach Newswire – 10 September 2026 – Arvato Systems Malaysia (ASM), a member of the Bertelsmann Group, has been honored with the Corporate Integrity and Governance Excellen...

Prudential plc retains number two position in global MDRT ranking, with first-time qualifiers up 14% across Asia and Africa

Growth reflects Prudential’s continued investment in adviser development and career progressionHONG KONG SAR - Media OutReach Newswire - 10 September 2026 - Prudential plc ("Prudential") has retai...

EURO Group Recognized at the Asia Pacific Enterprise Awards (APEA) 2026 Regional Edition for Advancing Corporate Excellence Through Sustainable Growth

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 10 September 2026 – EURO Group has been recognized under the Corporate Excellence category at the Asia Pacific Enterprise Awards (APEA) 2026 Regi...

Aolani and FriendliAI Partner to Advance AI Inference at Scale

SINGAPORE - Media OutReach Newswire - 10 September 2026 - Aolani, a Singapore-founded neocloud powering AI growth, today announced a partnership to supply GPU cloud infrastructure to FriendliAI, ...

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...

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...