Meeting with India's second richest man
On the evening of November 8 (Vietnam time), Mr. Gautam Shantilal Adani's personal page suddenly posted a photo of a direct meeting with billionaire Pham Nhat Vuong at the Adani Group headquarters in India.
Mr. Gautam Shantilal Adani expressed his pleasure to meet Vingroup Chairman Pham Nhat Vuong and discuss potential opportunities between Vietnamese and Indian businesses.
In particular, the Indian billionaire said he was inspired by Pham Nhat Vuong's impressive entrepreneurial journey. "From instant noodle business to leading the production of many electric vehicle models and advanced battery solutions for the global shift towards green mobility. All were completed in record time," the billionaire wrote.
Mr. Gautam Shantilal Adani is the founder and chairman of the Adani Group - a multinational corporation in the field of port development and operation in India. He is the 21st billionaire in the world according to Bloomberg's ranking with total assets of up to 52.3 billion USD.
Regarding India, this is one of the markets that VinFast has mentioned in its business development plan. Here, the Vietnamese car company is planning to build an assembly plant with a total investment capital of about 150-200 million USD.
Many major Indian newspapers and international media have since paid attention to this move by VinFast. Regarding VinFast's opportunities in the world's third largest automobile market, many newspapers have assessed that with the right strategies and adaptability, VinFast has great potential to create its own position and gain the trust of Indian consumers.
VinFast's mark on the world electric vehicle market
It is not difficult to understand why the famous Indian billionaire is impressed with the rapid development of VinFast. The Vietnamese car company has become an inspirational story in many places around the world with its "unbelievable" journey in just 6 years.
From the very first days, just 21 months after the groundbreaking, in 2019 a large-scale, modern automobile factory of the region was inaugurated in Hai Phong. That was an unexpected construction period, because normally, car manufacturers in the world need many times more time than the above 21 months. Notably, in 2019, the first VinFast gasoline cars were delivered to customers and started rolling on the streets of Vietnam.
Just 2 years later, in 2021, VinFast became a name that resonated globally when it was the first gasoline car company to announce a complete switch to pure electric. Along with a strategy that was assessed by international experts to have contributed to strongly promoting the global electric vehicle "revolution", the VF e34 - VinFast's first smart electric car - has reached Vietnamese customers.
In particular, at CES 2022, VinFast impressed with its electric vehicle product line spanning all ABCDE segments and officially launched VF 8 and VF 9 on a global scale.
From a “rookie” gasoline car company, VinFast - as many newspapers around the world have commented - has become a “star” in the automobile industry with a comprehensive electric vehicle ecosystem. Up to now, after only 6 years, VinFast is a rare car company in the world with a range of electric vehicles in all segments: 7 electric car models from minicars to large SUVs, along with an ecosystem of smart electric motorbikes, electric buses and electric bicycles.
Along with the products, VinFast's strong steps into the global market also made the world admire. After the first VF 8s arrived in the US, VinFast's factory in North Carolina, USA with an investment capital of 4 billion USD was officially started. Notably, in August 2023, VinFast was officially listed on the world's leading stock exchange Nasdaq Global Select Market.
According to industry experts, VinFast's "incredible" journey is still continuing, especially when the company plans to expand to 50 international markets and move towards building factories in potential markets.
The Dinh
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