Tag: VinFast

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VinFast accelerates Philippines e-scooter rollout via dealers

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

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

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

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.

VinFast charges ahead by fixing EV barriers

Range anxiety and steep upfront costs remain the biggest speed bumps to electric vehicle (EV) adoption among Philippine businesses, industry leaders said at the first B2B EV symposium hosted by VinFast Philippines last Friday, February 13, in Parañaque.

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DOE commits to resolve Visayas power crisis, revises coal resource bidding rules

The Department of Energy is moving to stabilize the Visayas power supply after the grid returned to yellow and red alerts this week, just days after without any warnings.

ICTSI secures 10-year loan from BDO for global expansion

International Container Terminal Services Inc., or ICTSI, announced Tuesday it has secured a $1 billion, 10-year term loan from BDO Unibank Inc., with the company serving as sole borrower.

Saudi supply push spurs fuel price rollbacks next week

The Department of Energy says the run of steep fuel price increases will likely stop next week, with falling global trading prices driving the shift.

DENR launches Pinoy biotech hub

The Department of Environment and Natural Resources launched the Pinoy Biotech Hub today, a centralized digital platform linking Filipinos directly to local biotech solutions, collaborators, and innovations across agriculture, natural resources, and environmental management.

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