Monday , November 25 2024

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Vietnam EV-maker VinFast delays U.S. car deliveries to late Feb

Vietnam EV-maker VinFast delays U.S. car deliveries to late Feb

Vietnam’s electric automaker VinFast said on Friday it will delay deliveries to its first customers in the United States to the second half of February after it finishes updating the vehicles with the latest software. The Vietnamese company, a unit of conglomerate Vingroup JSC, is gearing up to expand in …

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Retail sales forecast to reach $350B by 2025

Retail sales forecast to reach $350B by 2025

Vietnam’s domestic retail sales are expected to increase from $142 billion at present to $350 billion by 2025, contributing 59% of the national GDP, according to the Ministry of Industry and Trade (MoIT). Last year, the total revenue from retail sales of goods and services rose 21%, exceeding the target …

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