VinFast introduces designs of new affordable car line
Vietnam’s first car manufacturer VinFast, under Vingroup, presented the designs for its new line of vehicles named Premium, and officially launched a contest to select the public’s favourite designs on January 15.
A design of VinFast's Premium vehicle (Photo: vinfast.vn)
Hanoi (VNA) – Vietnam’s first car manufacturer VinFast, underVingroup, presented the designs for its new line of vehicles named Premium, andofficially launched a contest to select the public’s favourite designs on January15.
The 35 designs for seven models, from small-sized cars to sports utility vehicles,are the work of Italian car design studios of Ital Design, Torino Design, and Pininfarina.
According to Vingroup Vice President and General Director Nguyen Viet Quang,VinFast will be sure to diversify its products to fit the broad demands of itscustomers. Following the luxury line, the rollout of the Premium line in theaffordable price range with seven new automobile models will make contributionsto developing the Vietnamese automobile industry.
The Premium line will be introduced by the end of 2020.
As part of efforts to develop new models, VinFast opened the contest to gain adeeper insight into the domestic consumers’ taste. Participants are asked toname the seven best, one for each model, among the 35 automobile designs. FromJanuary 15 to 24, consumers can vote on the websitewww.binhchonmauxe.vinfast.vn.
Participants have the opportunity to win attractive prizes with the total valueof nearly 800 million VND (34,368 USD) from the organiser. There will be onefirst prize, a VinFast Fadil; four second prizes, Klara Lithium electric bikes;20 third prices, Vsmart Active 1 mobile phones; and 100 consolation prize-VinIDGiftcards each worth 1 million VND. –VNA
VinFast Trading and Production Limited Liability Company (VinFast) has entered into a 950 million USD financing agreement guaranteed by Euler Hermes and the German Export Credit Agency (ECA) to support the country’s first automotive and motorcycle manufacturing complex, Vinfast announced in its press release.
VinFast, a subsidiary of the multi-sector conglomerate Vingroup, and the PetroVietnam Oil Corporation (PV Oil) on October 25 signed a memorandum of understanding on cooperation to implement a system of stations for charging electric vehicles and leasing batteries.
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A design of VinFast's Premium vehicle
