As its name implies, VinFast Global, the new automotive aspirant from Vietnam, wants to go global fast. And to do that will mean breaking into the coveted and unforgiving U.S. market.
VinFast was founded only four years ago as the car, bus and scooter unit of Vingroup, the biggest private conglomerate in the up-and-coming Southeast Asian nation.
But already, the fledgling automaker — whose models sport a symbolic V-shaped grille — is planning to debut two all-electric crossovers at November's Los Angeles auto show. And springboarding off that, VinFast plans to open its first U.S. showrooms in 2022 and begin taking preorders from American customers in the first half of next year.