VinFast Auto Ltd. is a noteworthy multinational automotive company based in Vietnam, established in 2017 by Vingroup, a prominent private conglomerate founded by Pham Nhat Vuong. Located in Haiphong, VinFast stands out as the first Vietnamese car brand to venture into global markets and is a pioneer in the production of electric vehicles (EV), including electric cars and scooters.
In September 2017, VinFast commenced the construction of an extensive 828-acre facility situated in an industrial park on Cat Hai Island close to Hai Phong. This facility serves as the operational heart of VinFast's manufacturing operations, showcasing the company's dedication to producing high-quality vehicles.
VinFast's innovative approach to entering the automotive industry sets it apart