Vietnam’s VinFast To Debut 2 Models at Paris Motor Show
Vietnamese automaker, VinFast will be debuting its production- ready Sedan and SUV at the Paris Motor Show in October. VinFast is part of the Vingroup conglomerate group established last year in September.
Vietnam’s first local automaker has promised to manufacture automobiles and motorcycles with a production rate of 500,000 units per year by 2025, including a 5-passenger sedan and 7-passenger SUV model. Released this month are its first production- ready, yet, unnamed models: VinFast Sedan and VinFast SUV.
VinFast will be heading to Paris in October to unveil its Italian-designed, by Pininfarina, and German – engineered automobiles at the Paris Motor Show to raise its global profile. The debut is a long way until the company’s first production, but the industry is paying close attention to Vinfast’s new-coming on the auto market. Its ready-made models are said to be top notch designs.
VinFast is one of the largest investments in Vietnam in recent years as Vietnam’s first local automaker. Its production-ready models will follows international protocols and safety requirements strictly. Its SUV production will begin production in Q4, 2019 and the new company has plans to promote its models to foreign markets and export its first batch of production worldwide.
After its debut in Paris in October, VinFast has plans to be publicly listed in Vietnam by next September. The goal is to have all Vietnamese families own a car to replace the nation’s excessive use of motorbikes. To achieve its ambitions, VinFast is building a 35 million large product plant in the Hai Phong region.