VinFast officially launches US headquarters in Los Angeles

VinFast, a smart electric vehicle (EV) manufacturer from Vietnam, officially put its headquarters in the US into operation on November 16 (local time).
VinFast officially launches US headquarters in Los Angeles ảnh 1VinFast officially launches its US headquarters in Los Angeles. (Photo: VNA)

Hanoi (VNA) – VinFast, asmart electric vehicle (EV) manufacturer from Vietnam, officially put its headquarters in the USinto operation on November 16 (local time).

VinFast's headquarters is located in the Playa Vista region which is dubbedthe "Silicon Beach" of Los Angeles – the home to many technologycompanies.

Los Angeles and California state arealso promoting their commitment to greening the transportation system, andthis is a favourable condition for VinFast to realise its goal ofbecoming a global smart electric vehicle maker.

Mayor of Los Angeles Eric Garcetti said Los Angeles is the world'stransportation innovation capital, where companies often choose to test and introducenew technologies.

The city is continuing to be at the forefront of making transport better,cleaner and more sustainable, he said.

Nguyen Thi Van Anh, CEOof VinFast US, said California in general and the Southern California region inparticular are rapidly becoming the epicenter of the revolution in the transportationindustry, where innovative ideas, talented and determined workforce toaccelerate the electrification of vehicles are gathered.

She thanked Governor of California state Gavin Newsom and Mayor Garcetti fortheir great support for VinFast.

Along with setting up the headquarters, VinFast US will open its offices,customer service centres, and a network of showrooms and service workshops inorder to introduce electric vehicles to American consumers, andpromote its future investment plans.

Previously, on November 5, the California Governor's Office of Business and EconomicDevelopment (GO-Biz) announced that itgrants VinFast 20.5 million USD worth of tax credit after the firm committed toinvesting more than 200 million USD in establishing its US subsidiary in thestate and creating at least 1,065 full-time jobs for local labourers.

The granted sum comes from the CaliforniaCompetes Tax Credit (CCTC) – an income tax credit available to businesses thatwant to locate or stay and grow in California.

Recently, VinFast, established in2017, has announced its plan for the global debut of VF e35 and VF e36 electricSUV models at the 2021 Los Angeles Auto Show, which runs from November 17 to28. This global premiere marks the official introduction of the VinFastelectric vehicle brand to the North American market, with pre-order beginningin the first half of 2022./.

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.