Determined to retain its lead as the Philippines’ top battery electric vehicle (BEV) brand, VinFast is pursuing a parallel ambition: becoming the country’s foremost provider of electric vehicle charging stations (EVCS).
Vietnamese electric vehicle manufacturer VinFast is stepping up its Southeast Asian expansion, moving aggressively into the Philippines’ high-volume motorcycle market through partnerships with 14 local distributors ahead of its planned commercial launch this June.
The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.
Battery electric vehicle (BEV) adoption in the Philippines could accelerate dramatically toward the end of the decade, with penetration potentially reaching as high as 50 percent by 2030, according to industry projections shared at a mobility symposium in Taguig City.
Vietnamese EV maker VinFast is redrawing its roadmap, carving its automotive ambitions into a three-tier brand strategy topped by a new ultra-luxury push.
Indonesian lifestyle retail leader PT Mitra Adiperkasa Tbk (MAP) has secured the franchise rights to run Marks & Spencer (M&S) stores in the Philippines, taking over from local firm SSI Group Inc.
The Philippines' unemployment rate rose to 4.7 percent in April as the economy failed to keep up with the increase in the number of Filipinos joining the workforce.
The Department of Tourism (DOT) has bolstered its leadership ranks with the appointment of three new undersecretaries, including former Philippine Airlines (PAL) president Stanley K. Ng, as the agency intensifies efforts to strengthen the country’s tourism competitiveness and accelerate industry growth.
Alliance Select Foods International Inc. has temporarily suspended operations at its General Santos facility after strong 7.8 magnitude earthquake struck the city and nearby areas on Monday, June 8, forcing the company to assess damage and ensure employee safety before resuming production.