Business Daily Media

Men's Weekly

.

VinFast joins global push into UAE’s expanding EV market

HANOI, VIETNAM - Media OutReach Newswire - 20 June 2025 - As the UAE moves steadily toward an electric future, Vietnam's VinFast is establishing its presence, aligning with government ambitions and shifting consumer preferences.



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

Something electric this way comes to the streets of the UAE, as global EV brands are racing to capture the attention of local drivers. These include some from faraway places like Vietnam, as in the case of VinFast, which has been opening showrooms and hosting brand launches in the GCC nations.

It's easy to see why this is the case. Market projections show the UAE's electric vehicle market revenue will reach $1.95 billion by 2025[1]. The people also seem ready for a change: A 2024 survey found that 73% of UAE residents want to buy electric cars, with 50% of participants drawn by the promise of advanced technology, improved fuel efficiency (35%), and enhanced safety features[2]. Almost half view electric vehicles as the future of transportation, with 38% planning to purchase one soon. And for some early adopters, that future is already here, with a 23.6% increase in EV charging usage in Dubai by early 2025, according to Dubai's Electricity and Water Authority[3].

The UAE government recognizes this momentum and acts accordingly. Dubai offers free parking for EV owners, provides complimentary Salik tags, and has been expanding charging infrastructure. One expert even suggested creating an EV-only lane on Sheikh Zayed Road if the government wants to achieve its goal of having half of the cars on its roads be electric by 2050[4].

In that context, emerging brands are all vying for a piece of the UAE market, challenging traditional automakers with fresh design languages, high-tech features, and competitive pricing. The upstart VinFast exemplifies this new wave of car manufacturers.

In its home market of Vietnam, a country not historically associated with high-tech car manufacturing, VinFast has managed to build an EV supply chain with a 60% localization rate, aiming for 80% by 2026.

The brand has recently become Vietnam's best-selling car brand in 2024, thanks to its comprehensive EV ecosystem that includes widespread charging infrastructure and strong after-sales policies. That local appeal has become the launchpad for expansion across the U.S., Europe, and the Middle East.

VinFast's VF 8 model represents the brand's international debut, featuring premium design elements and advanced smart technology that align with UAE preferences for both sustainability and luxury.

The VF 8 offers competitive performance metrics alongside industry-leading warranty coverage of 10-year/200,000 km vehicle coverage, 10-year/unlimited mileage battery coverage, and comprehensive after-sales support. The vehicle's refined design language and cutting-edge technology package, including a full set of ADAS and 11 airbags, appeal to drivers who view their cars as extensions of their lifestyle choices.

More global players will likely enter the UAE market, drawn by government support, consumer enthusiasm, and infrastructure development. The combination creates ideal conditions for brands willing to invest in long-term success.

In that context, new EV brands like VinFast, by diving in early, are actively shaping the future of driving in the UAE, proving that electric mobility can deliver both environmental benefits and exceptional experiences.
Hashtag: #VinFast


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

News from Asia

Merlin Entertainments' LEGOLAND® Discovery Centre Hong Kong "HOLIDAY BRICKTACULAR" Returns with Creativity as the Best Christmas Gift

HONG KONG SAR - Media OutReach Newswire - 13 November 2025 - As the sound of Christmas bells draws near, LEGOLAND® Discovery Centre Hong Kong, under Merlin Entertainments, once again transforms in...

INDIBA Unveils DeepRES R6 — The New Era of 448 kHz Radiofrequency Precision

HONG KONG SAR - Media OutReach Newswire - 13 November 2025 - At Cosmoprof Asia 2025, INDIBA® proudly unveiled the DeepRES R6, the world's first 448 kHz Static Radiofrequency system featuring six S...

Introducing SE Advisory Services

HONG KONG SAR - Media OutReach Newswire - 13 November 2025 - Schneider Electric, a global energy technology leader, today announced the launch of SE Advisory Services, its flagship global consult...

XTransfer and Maybank Announce Strategic Partnership at Singapore FinTech Festival 2025

Expanding Cross-border Payment and Shariah-Compliant Solutions Across ASEAN SINGAPORE - Media OutReach Newswire - 13 November 2025 - XTransfer, the world's leading B2B cross-border trade payment ...

Rediscover the Spark: iShopChangi Singapore Makes Gifting Magical Again with Holidays Unwrapped

This year, iShopChangi Singapore steps in to handle the grown-up holiday burdens, ensuring you can rediscover the joy of giving again. Get ready for Holidays Unwrapped, where every kind of shopper ...

Citi Reiterates "Buy" Rating on Fosun International and Lifts Target Price to HK$6.5

HONG KONG SAR - Media OurReach Newswire - 13 November 2025 - Citi hosted its 2025 China Conference this week and released an updated research report on Fosun International (00656.HK), reiterating ...

"THAI SELECT FESTIVAL" Brings the Authentic Flavors of Thailand to Los Angeles

LOS ANGELES, USA - Media Out Reach Newswire - 13 November 2025 – The Department of International Trade Promotion (DITP), Ministry of Commerce of Thailand, proudly announces the "THAI SELECT FEST...

Thailand Is Emerging as a premium Beauty and Aesthetic tourism hub

BANGKOK, THAILAND - Media OutReach Newswire - 13 November 2025 – Aura Bangkok Clinic, a world-class beauty and aesthetic destination, is setting new benchmarks in Thailand and across Asia...

BODW In the City 2025 celebrates Designs with CurioCity Countdown to a Two-Week Design Feast

HONG KONG SAR - Media OutReach Newswire - 13 November 2025 - Following the success of the 2024 edition, the Hong Kong Design Centre (HKDC) is again collaborating with designers, international and...

SUNeVision Wins Gold Stevie® Award for Technology Excellence

MEGA IDC Project Team Honoured as Technology Team of the Year, Infrastructure HONG KONG SAR - Media OutReach Newswire - 13 November 2025 - SUNeVision Holdings Ltd. ("SUNeVision"; SEHK: 1686), the ...

Australian companies pitching to the world’s wealthiest investors

#CapTech 2025 to bring world investors to Australia’s doorstep  One of Australia’s leading business and capital events is bringing together inves...

Small business backlash builds as RBA’s surcharge ban risks fuelling inflation

Australia’s small business sector has launched a fierce campaign against the Reserve Bank of Australia’s (RBA) proposed ban on debit and credit card...

Australia’s Young Entrepreneurs Redefining Success Through Legacy and Community Impact

A new generation of young Australian small business owners is redefining success, driven by a desire to create a lasting legacy through the positi...

Lessons in AI: How LoanOptions.ai Shows What Smart Adoption Really Looks Like

In a world where many small businesses are still trying to work out how to actually use AI (not just talk about it), Australian fintech LoanOption...

Driving smarter: how car subscription models are redefining mobility and financial flexibility

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

The Future of Wealth Technology

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...