As per the pact, Guam AutoSpot will be VinFast’s first official distributor in the region, with the former expected to begin its import of the latter’s EVs and components in May.

The signing ceremony between VinFast and Guam Auto Spot.

As previously announced, VinFast will expand its operations to at least 50 countries around the world in 2024.

Founded in 2008, Guam AutoSpot boasts a well-established dealer network across Micronesia. For over 15 years, they have built a reputation for delivering high-quality products and services.

Micronesia is emerging as a potential EV market, fueled by the participation of international brands and the development of charging station infrastructure.

New decree expected to promote industrial cluster development

The Government has issued new regulations regarding industrial clusters, to eliminate overlaps and foster transparency in management and development.

Vietnam EV maker VinFast to list in US in August after regulator nod

Vietnamese electric vehicle maker VinFast said on Friday it is planning to list in the U.S. next month via a blank-cheque company after the Securities and Exchange Commission (SEC) gave the go ahead to its proposed business combination.

Second batch of VinFast VF 8 vehicles arrive in US

VinFast, a subordinate automaker of private conglomerate Vingroup, announced the arrival of its second shipment of electric vehicles, consisting of 1,879 VF 8 vehicles, at the Port of Benicia in California.

VinFast hands over first VF 5 Plus cars to customers

VinFast, an electric vehicle maker of Vietnamese conglomerate Vingroup, handed over the first VF 5 Plus cars to customers on Friday.

VinFast to ship another 1,800 electric cars to North America

The Vietnamese automaker VinFast has announced that it is preparing to export an additional 1,800 VF8 electric cars to the United States and Canada.

VinFast to buy back electric cars after 5 years

VinFast electric car owners in Vietnam can sell their vehicle back to the company after five years for 53-66% of their purchase price, the automaker has said.

Source: VnExpress