Sunday, May 24, 2026 3:40:46 AM - Markets open
VN-INDEX 1,877.13 -19.76/-1.04%
HNX-INDEX 267.51 +3.14/+1.19%
UPCOM-INDEX 125.65 -0.37/-0.29%
Bulgarian President invites VinFast to invest in electric vehicle production
vietnamnews - 11/27/2024 4:26:48 PM
 (0 ratings. You must sign in to rate.)
The Bulgarian President praised the quality and potential of VinFast's electric vehicles in the European market and urged the company to explore collaboration and investment opportunities in Bulgaria.
 
 
Bulgarian President Rumen Radev visits VinFast car factory in Hải Phòng City. — VNA/VNS Photo
 
President Rumen Radev of the Republic of Bulgaria has urged VinFast to sell its electric cars and invest in production in Bulgaria.
 
Visiting the VinFast Hải Phòng Manufacturing Complex on November 26, the Bulgarian President expressed a deep sense of admiration for the brand.
 
He praised the quality and potential of VinFast's electric vehicles in the European market, highlighting Bulgaria's strengths in research, production and development of components, sensors and intelligent operating systems for electric vehicles.
 
He noted that Bulgaria has been part of the supply chain for numerous European, US and Japanese car manufacturers for many years.
 
As a result, the Bulgarian President extended an invitation to VinFast to explore potential collaborations and investments in Bulgaria, including selling cars in the Bulgarian market, manufacturing components, producing vehicles, or co-developing software for electric cars that meet European standards and regulations.
 
He also congratulated VinFast on its remarkable success in becoming the number one car brand in Vietnam in such a short space of time
 
"This achievement exemplifies Vietnam's extraordinary economic, scientific and technological advancements over the past few decades," he said.
 
President Rumen Radev spent considerable time touring the body welding and electric vehicle assembly workshops at VinFast, gaining detailed insights into the production processes.
 
During the visit, Vice Chairman and CEO of Vingroup, Nguyễn Việt Quang, emphasised VinFast's strong push towards global expansion, aiming to popularise electric vehicles and promote green mobility worldwide.
 
He said that VinFast will seriously study and explore opportunities for cooperation and investment in Bulgaria, as suggested by President Radev. — VNS
 
Read original article here
Newer News
14/05 VinFast to sell Vietnamese manufacturing unit in $530 million restructuring move
09/05 Vietnam Airlines announces launch of direct service connecting Việt Nam and Sri Lanka
23/04 Billionaire Phạm Nhật Vượng rises to 63rd on global rich list as Vingroup shares hit record highs
21/04 PLX: Petrolimex falls short of public company criteria
21/04 PDR: Phát Đạt sets ambitious 2026 targets as it enters new growth cycle
07/04 Owner of Bảo Tín Minh Châu gold firm faces accounting violation charges
03/04 Vietnam Airlines Group boosts holiday capacity to over 1 million seats
17/03 PV GAS gains approval for large LPG terminal development in Hải Phòng
03/02 SHB posts record profit of over VNĐ15 trillion, assets near VNĐ1 quadrillion
03/02 Vicostone sees softer 2025 results amid global headwinds
Older News
27/11 TMP: Plan for the 1st cash dividend payment in 2024
27/11 SRC: Decision on administrative penalties for tax violations
27/11 EIB: Amendment of Establishment and Operation License
27/11 REE: Change in the 33rd Business Registration Certificate
27/11 EIB: Amending charter
27/11 AAT: BOD resolution dated November 26, 2024
27/11 CTS: BOD resolution dated November 25, 2024
27/11 DSE: Record date for advance payment of 2024 cash dividend (revised)
27/11 VJC: BOD resolution on collecting shareholders' written opinions
27/11 TV2: BOD resolution on collecting shareholders' written opinions
 
Newsletter Signup
Top Stories
VN-Index closes the week on positive note
Officials say real estate credit tightening not clampdown on lending
Unlisted share sales may face 20% income tax: ministry
VN-Index loses over 51 points on rising selling force
State Treasury deposits over $15.2 billion in banks
Market Update
Last updated at 3:10:02 PM
VN-INDEX 1,877.13 -19.76/-1.04%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.