Business Daily Media

The Times


.

Vinfast Announces Global Expansion Strategy For Electric Scooters

HANOI, VIETNAM - Media OutReach Newswire - 31 January 2026 - VinFast today unveiled its international business strategy for electric scooters, identifying five initial key markets: the Philippines, Indonesia, India, Thailand, and Malaysia.

This marks a significant milestone in VinFast's global expansion strategy and the continued development of its comprehensive green mobility ecosystem.

VinFast announces its global expansion strategy for electric scooters, identifying five initial key markets: the Philippines, Indonesia, India, Thailand, and Malaysia.
VinFast announces its global expansion strategy for electric scooters, identifying five initial key markets: the Philippines, Indonesia, India, Thailand, and Malaysia.

Under the plan, VinFast will accelerate its global e-scooter expansion, beginning with the five high-potential markets above. These countries are characterized by strong urban mobility demand, favorable demographic dynamics, and an increasingly pronounced shift toward sustainable transportation solutions.

On the product front, VinFast plans to introduce a portfolio of battery-swapping e-scooters, including the VinFast Flazz, VinFast Evo, VinFast Feliz II, and VinFast Viper, alongside additional new models to be launched in due course. Each product is carefully adapted to local usage conditions, mobility patterns, and consumer preferences in individual markets.

In terms of commercial footprint, VinFast targets achieving hundreds of retail outlets in these markets by 2027, establishing a solid foundation for long-term growth. The expansion model is designed to be flexible and operationally efficient, integrating dealer networks, service workshops, financial solutions, and energy infrastructure, including collaboration with V-Green for charging and battery-swapping systems.

VinFast's international expansion strategy builds upon its strong domestic performance in Vietnam. In 2025, the Company delivered 406,453 e-scooters, officially securing the leading market share position in the country's scooter segment. With a portfolio of more than 10 models spanning multiple segments and supported by flexible charging and battery-swapping solutions, VinFast has positioned e-scooters as a preferred mobility choice among Vietnamese consumers.

Entering 2026, VinFast announced the completion of its master plan for three distinct e-scooter lines: mainstream, premium, and sport. The Company simultaneously launched seven new models in the premium and sport categories, reinforcing its competitive positioning in design, performance, and product differentiation. Supported by large-scale manufacturing capabilities, a competitive pricing strategy, and a comprehensive ecosystem, including flexible battery-swapping solutions provided by strategic partner V-Green, VinFast aims to significantly accelerate transportation electrification across the region and globally.

Ms. VoThiCam Tu, Managing Director of VinFastE-Scooters Overseas Market,stated: "Expanding our e-scooter business globally represents a strategic pillar in VinFast's long-term development roadmap. We have conducted in-depth market research, worked closely with local partners, and developed comprehensive plans for dealer network expansion, product portfolios, and service ecosystems. Through collaboration with reputable dealers and strategic partners worldwide, VinFast is committed to delivering smart, sustainable, and accessible electrified mobility solutions, contributing meaningfully to the green transformation of transportation in diverse markets."

The Philippines serves as the first strategic market in VinFast's global e-scooter expansion journey. The Company has swiftly partnered with five leading dealers across Luzon and Mindanao, Maverick Racing Factory Inc., MotorCentral, New Nemar Development Corp., Supremebike Corporation, and ARC Trading, to deploy a nationwide retail and service network. These partners are well-established, experienced players with clear commitments to green transition initiatives.

In recent years, VinFast has progressively built a green mobility ecosystem in the Philippines, Indonesia, India, and other markets through collaboration with reputable local partners, as well as strategic partners such as GSM, an all-electric taxi operator, and V-Green, a global charging infrastructure developer.

Beyond e-scooters, VinFast has also introduced a diverse electric vehicle lineup ranging from the VF 3 to the VF 9, expanding consumer choice and reinforcing its contribution to the ongoing transition toward sustainable transportation.
Hashtag: #VinFast

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

News from Asia

Allianz Global Wealth Report 2026: Markets Drive Record Wealth as AI Raises the Stakes

Markets on Autopilot: Global financial assets rose 8.6% to a record EUR268.4trn, with markets generating 4 in 5 euros of additional wealth.

Fewer than 1 in 3 Singaporeans have enough savings for prolonged critical illness recovery

2 in 3 Singaporeans expect recovery during their ‘health gap’ year to cost more than $200,000SINGAPORE – Media OutReach Newswire – 29 September 2026 – Recovering from a critical illness (CI) can t...

Ping An Digital Bank Celebrates 6th Anniversary, Total Assets and Customer Deposits Both Surge Over 130% YoY, Net Interest Income Rises 55% YoY

Demonstrated Full-Licence Advantages, Strengthened Fee Income Capabilities, Expanding into High-End Wealth Management Segment to Forge New Growth Engines, Deepening Trade Finance to Support Governm...

iMotion Technology Establishes Japan Branch, systematically accelerating Overseas Expansion

TOKYO, JAPAN – EQS Newswire – 29 September 2026 – On September 28 2026, iMotion Technology (01274.HK) officially established its Japanese branch in Shinagawa, Tokyo. After the establishment of the ...

Over 1,000 Entrepreneurs Gather in Kunming for TOJOY 2026 "Jun's Circle" Fireside Chat

Spotlighting the AI Wave and Exploring Paths Forward for Private EnterprisesHONG KONG SAR - Media OutReach Newswire - 29 September 2026 - The second "Jun's Circle" Fireside Chat, initiated by Ge J...

Countdown to 2037: Strategic Public-Private Agenda Unleashes Blueprint to Double Thailand’s Economic Growth

BANGKOK, THAILAND – Media OutReach Newswire – 29 September 2026 – Aiming to attain high-income nation status by 2037, Thailand is deploying an ambitious action plan across state agencies, financia...

Wesley Methodist School’s "Warkah" Puts Young Voices at the Heart of Nation-Building Letters to the Prime Minister capture students’ hopes, values and aspirations for Malaysia

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 September 2026 – The hopes of young Malaysians for the country they will inherit, and the difference they hope to make, come through in Warkah...

Green GSM Officially Launches All-Electric Taxi Service In Northern Mindanao, Philippines

EL SALVADOR, PHILIPPINES - Media OutReach Newswire - 29 September 2026 – Green GSM officially launches its all-electric taxi service in Northern Mindanao, Philippines, marking the brand's next ex...

ISABELLE.C Debuts Wearable Art and Intangible Cultural Heritage Masterpieces at New York Fashion Week’s China Institute Fashion Week

Hong Kong Heritage Luxury Brand ISABELLE.C Redefines Modern Chinese Aesthetics, Unveiling Its Intangible Heritage Collection at China Institute Fashion NightNEW YORK, US - Media OutReach Newswire ...

Beijing Marathon to Kick Off on October 18: Road Running Charm Blooms in the Golden Autumn Capital

BEIJING, CHINA – Media OutReach Newswire – 29 September 2026 – On September 28, the 2026 Bank of China Beijing Marathon & National Marathon Championships held a press conference in Beijing, of...

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...