Tag: VinFast

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VinFast pushes EV dominance as Philippines accelerates

Transport & Logistics Context.ph Context.ph -
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).

VinFast accelerates Philippines e-scooter rollout via dealers

Transport & Logistics Context.ph Context.ph -
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.

DTI pushes VinFast to build Philippine EV plant

Trade & Investments Context.ph Context.ph -
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.

Philippines EV adoption may hit 50% by 2030

Transport & Logistics Context.ph Context.ph -
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.

VinFast splits brands, targets luxury

Transport & Logistics Context.ph Context.ph -
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.
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Gov’t pushes to strip systems loss charges from power bills, balancing consumer relief and utility risks 

Energy & Mining 0
Energy policy craftsmen are actively working to fulfill President Ferdinand Marcos Jr.’s directive to eliminate system loss charges from monthly electricity bills, pursuing a sustained policy push aimed at lowering energy costs across the country. The initiative targets both technical losses inherent in power distribution and non-technical losses caused by electricity theft, alongside the value-added tax (VAT) currently applied to these unconsumed kilowatt-hours.

ACEN net income surges 411% to P3.9B in H1 2026

Corporate 0
ACEN Corp. posted a 411 percent jump in consolidated net income to P3.9 billion in the first half of 2026, from P763 million a year earlier, the Ayala Group energy firm said Tuesday.

Special safeguard duty imposed to protect local producers from import surges 

Agriculture 0
To shield domestic livestock producers from market disruption caused by foreign supply spikes, the Department of Agriculture has activated special safeguard duties on select imported meat products. Issued under Department Order No. 24, series of 2026, by Agriculture Secretary Francisco Tiu Laurel Jr., the directive establishes temporary protective tariffs after government monitoring confirmed that incoming import volumes crossed official safety thresholds.

Jollibee first-half net income drops 17% despite strong 2Q rebound

Corporate 0
Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.

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