
VinFast is manufactured by VinFast Auto Ltd., a wholly-owned subsidiary of Vingroup, Vietnam's largest private conglomerate. Founded in 2017, VinFast represents Vingroup's ambitious entry into the global automotive industry. The company's primary manufacturing complex is located in the Cat Hai Island Hai Phong area, a state-of-the-art facility developed with significant investment. While its roots and main production base are firmly in Vietnam, VinFast is aggressively expanding its global footprint. This includes building a new factory in North Carolina, USA, and planning a facility in Indonesia, signaling its intent to become a major international automaker rather than remaining a regional player. The company's rapid shift from initial models with internal combustion engines (ICEs) to a full lineup of electric vehicles (EVs) underscores its focus on competing in the new energy vehicle sector.
VinFast Manufacturing and Operations Overview
| Aspect | Details |
|---|---|
| Parent Company | Vingroup JSC |
| Year Founded | 2017 |
| Global Headquarters | Hanoi, Vietnam |
| Primary Manufacturing Hub | Hai Phong, Vietnam |
| U.S. Manufacturing Plant (Under Construction) | Chatham County, North Carolina |
| Initial Vehicle Production | Internal Combustion Engine (ICE) models (2019) |
| Current Focus | Electric Vehicles (EVs) including cars, e-scooters, and e-buses |
| Global Sales Strategy | Direct-to-consumer and through company-owned stores |

VinFast is a Vietnamese company, through and through. It's the brainchild of Vingroup, a huge Vietnamese corporation you could think of as the Samsung of Vietnam. They started making cars just a few years ago and have gone all-in on electric vehicles. They're building a factory in North Carolina right now, which is a bold move to compete directly with American and other global auto brands. So, it's a Vietnamese manufacturer with big global ambitions.


