VINFAST SIGNED EXCLUSIVE COOPERATION AGREEMENT WITH DEALER AL MANA HOLDING (QATAR)

VinFast Auto announced the signing of an exclusive cooperation agreement with Al Mana Holding to distribute electric cars in Qatar. VinFast's first dealership will open at the end of the third quarter of 2024 in the center of Doha, expected to sell electric SUV models VF 6, VF 7, VF 8, and VF 9. According to the agreement, Al Mana Holding will become VinFast 's exclusive dealer in Qatar. With many years of experience and reputation in the automobile industry, Al Mana Holding will be a reliable partner, helping VinFast quickly capture the potential Qatar market through the establishment of a network of stores and professional services in this country. Established in the 1950s, Al Mana Holding is one of the leading economic groups in Qatar. With a shared vision of a green future, the cooperation agreement between VinFast and Al Mana Holding promises to bring the people of Qatar green and smart mobility solutions, contributing to promoting the sustainable development goals of this country as well as in the Middle East region.

Mr. Hisham Saleh Al Mana, Chairman of Al Mana Holding Group (white shirt) and Mr. Ta Xuan Hien, General Director of VinFast Middle East (standing 4th, from left) with representatives of both sides at the signing ceremony of the cooperation agreement.

Mr. Ta Xuan Hien, General Director of VinFast Middle East, said: "The agreement with Al Mana Holding is an important milestone in VinFast's global expansion strategy and especially its penetration into the Middle East market. We believe that the cooperation with this prestigious and experienced partner will help VinFast bring smart electric vehicle products and the highest quality of service to customers in Qatar in the shortest time." Mr. Hisham Saleh Al Mana, Chairman of Al Mana Holding, shared: "We are delighted to become VinFast's exclusive partner in Qatar, which is also an important step in expanding Al Mana Holding's business operations. With its innovations and rapid growth, VinFast has affirmed its position with high-quality products. We believe that this cooperation agreement will bring a new breeze to the automobile market in Qatar, providing customers with modern, environmentally friendly electric vehicles, contributing to building a cleaner green future." Since the fourth quarter of 2023, VinFast has changed its strategy from a direct-to-consumer sales model to a hybrid model by leveraging its existing distribution infrastructure through the establishment of a global dealer network. It is expected that sales through dealers will contribute significantly to VinFast's sales in the second half of 2024. In addition to key markets such as the US, Canada and Europe, VinFast is strongly expanding to countries in the Asian region such as India, Indonesia, Thailand, the Philippines, as well as the Middle East and Africa.

About VinFast VinFast is a member company of Vingroup Corporation , with the vision of becoming a smart electric vehicle brand that strongly promotes the global electric vehicle revolution. Established in 2017, VinFast owns a modern, regional-leading automobile manufacturing complex located in Hai Phong , Vietnam with an automation level of up to 90%. With a strong commitment to the mission of a green future for everyone, VinFast is constantly innovating, bringing quality, classy products, smart service platforms, excellent customer experiences and reasonable pricing strategies, thereby inspiring global customers to join hands for a smart mobility future and a sustainable planet. Learn more at: https://vinfastauto.com. About Al Mana Holding Established in the 1950s, Al Mana Holding is a leading economic group in Qatar. Since 1998, the group has been operating in the automotive sector and has been constantly expanding and diversifying its business activities. Learn more at: https://www.almanaholding.com.qa/

Source: https://vinfastauto.com/vn_vi/vinfast-ky-thoa-thuan-hop-tac-doc-quyen-voi-dai-ly-al-mana-holding-qatar