Group 1 - The core point of the article is that Vietnamese electric-vehicle maker VinFast expects to have delivered approximately 170,000 units in the country last year [1]

Core Viewpoint - The company, Jingu Co., has been appointed as a first-tier parts supplier for VinFast, a leading Vietnamese electric vehicle manufacturer, which will enhance its market presence in Southeast Asia and globally [1] Group 1: Company Announcement - Jingu Co. received a notification letter from VinFast, confirming its role as a first-tier supplier for passenger car wheels [1] - The project is expected to commence mass production by September this year, impacting the company's revenue and profit levels for the current fiscal year [1] Group 2: Market Expansion - This partnership will aid Jingu Co. in further expanding its footprint in the Southeast Asian market [1] - VinFast, as Vietnam's first domestic automotive brand, has a presence in multiple markets including Vietnam, Thailand, Indonesia, Malaysia, the Philippines, India, and the United States [1]

Core Insights - VinFast Auto Ltd. (NASDAQ:VFS) is recognized as one of the best auto stocks to buy currently [1] - The company achieved its highest monthly sales volume in November 2025, delivering 23,186 electric vehicles in Vietnam, contributing to a total of 147,450 units delivered this year [2] - The Limo Green model was the top performer, with 9,642 units sold in November and a total of 16,146 units since its launch [2] - The VF 3 is the best-selling car in Vietnam with 40,660 units sold this year, followed by the VF 5 with 38,478 units [3] - Despite strong sales, the stock is down 19.29% year-to-date as of December 26, 2025 [4] Sales Performance - In November 2025, VinFast delivered 23,186 electric vehicles, marking the highest monthly sales for the company [2] - Total deliveries for the year reached 147,450 units, with significant contributions from the Green lineup [2] - Breakdown of November deliveries includes 4,655 VF 3 units, 3,072 VF 5 units, 2,801 VF 6 units, and 1,225 VF 7 units [2] Market Position - The VF 3 leads the market as Vietnam's best-selling car, while the VF 6 tops the B-SUV segment with 19,750 deliveries [3] - The company aims to double its worldwide sales by 2024, leveraging its strong domestic performance [3] Stock Performance - As of December 26, 2025, VinFast's stock has decreased by 19.29% year-to-date, indicating potential market challenges despite strong sales figures [4]

Core Viewpoint - GSM, a Vietnamese electric taxi operator, plans to conduct an IPO in Hong Kong aiming to raise at least $200 million with a valuation between $2 billion and $3 billion, potentially becoming the first Vietnamese company to list in Hong Kong [1] Group 1: IPO Plans - GSM is targeting an IPO between late 2026 and early 2027 [1] - The company has begun preliminary discussions with potential advisors for the IPO, with the earliest appointment of advisors expected in the first quarter of 2026 [1] Group 2: Company Background - GSM was founded in 2023 by Vingroup and VinFast's Pham Nhat Vuong and operates the largest all-electric taxi fleet in Vietnam under the brand Xanh SM, exclusively using VinFast vehicles [1] - This strategy has boosted VinFast's domestic sales while allowing GSM to scale without relying on third-party suppliers [1] Group 3: Financial Projections - By the third quarter of 2025, sales from VinFast to GSM are projected to account for 26% of VinFast's total sales, a decrease from 72% in 2023 [1]

Core Viewpoint - Vietnamese electric taxi operator GSM plans to conduct an IPO in Hong Kong, aiming to raise at least $200 million with a valuation between $2 billion and $3 billion, potentially becoming the first Vietnamese company to list in Hong Kong [1] Group 1: IPO Plans - GSM is targeting an IPO between the end of 2026 and early 2027 [1] - The company has begun preliminary discussions with potential advisors for the IPO, with the earliest appointment of advisors expected in the first quarter of 2026 [1] Group 2: Company Background - GSM was founded in 2023 by Vingroup and VinFast's Pham Nhat Vuong, operating the largest all-electric taxi fleet in Vietnam under the brand Xanh SM, exclusively using VinFast vehicles [1] - This strategy boosts VinFast's domestic sales while allowing GSM to scale without relying on third-party suppliers [1] Group 3: Financial Projections - By the third quarter of 2025, sales from VinFast to GSM are projected to account for 26% of VinFast's total sales, a decrease from 72% in 2023 [1]

Core Viewpoint - Vietnamese electric-vehicle taxi operator GSM, part of Vingroup, plans to list in Hong Kong, potentially marking the first IPO in the city by a company from Vietnam [1] Company Summary - GSM is an electric-vehicle taxi operator and is associated with Vingroup, a prominent conglomerate in Vietnam [1] - The planned IPO in Hong Kong signifies a strategic move for GSM to expand its capital base and enhance its market presence [1] Industry Summary - The electric vehicle industry in Vietnam is gaining traction, with companies like GSM leading the charge in the taxi segment [1] - The potential IPO could attract international investors, highlighting the growing interest in Southeast Asian electric vehicle markets [1]

Group 1 - VinFast Auto Ltd. (NASDAQ:VFS) is recognized as one of the 10 best electric vehicle stocks to buy heading into 2026 [1] - Edison Group initiated coverage on VinFast with a valuation of $8.00 per share, indicating a potential upside of 143% from current levels [2] - VinFast plans to invest $500 million in India to expand its manufacturing capabilities, including electric buses, scooters, and charging stations [3] Group 2 - The Thoothukudi plant, which began operations in July, has an initial production capacity of 50,000 vehicles per year, with plans to double this capacity to 150,000 vehicles within a year [4] - In 2024, VinFast delivered 97,399 electric vehicles globally and aims to increase deliveries in 2025 while adding 35 dealerships in 27 locations by December [4] - The company is involved in the development and manufacturing of high-quality electric vehicles, e-scooters, and e-buses, alongside offering leasing services and trading smartphones [5]

Core Insights - The VF 8 is highlighted as a family-friendly electric vehicle (EV) that combines space, comfort, and electric performance to enhance travel experiences [1] Group 1: Vehicle Features - The VF 8 offers a practical mix of attributes that make it suitable for family travel, emphasizing the importance of comfort and performance [1] - The vehicle is positioned as a solution for families looking for an effortless travel experience [1] Group 2: Consumer Considerations - Selecting a family vehicle involves more than just meeting basic requirements; it requires long-term planning and envisioning future travel needs [1]

Investment Plans - VinFast Auto Ltd. plans to increase its investment in Indonesia to up to $1 billion, following the inauguration of its first manufacturing plant with an annual production capacity of 50,000 cars [1][2] - The CEO of VinFast Indonesia, Kariyanto Hardjosoemarto, stated that the company aims to boost production capacity to 350,000 cars per year [2] Production and Capacity - The manufacturing plant located in Subang, West Java, has recently begun trial production and is expected to reach full capacity in the first quarter of 2026 [3] - VinFast has already invested $300 million in the region, indicating a strong commitment to expanding its operations in Southeast Asia [2] Strategic Focus - VinFast management emphasized the company's focus on expanding its international footprint and announced a new vehicle platform for 2026, which could contribute approximately 70-80% to sales [4] - The company remains committed to international market growth and aims to achieve economies of scale through higher production [4] Company Overview - VinFast Auto Ltd. is a Vietnamese company specializing in electric vehicles (EVs), e-scooters, and e-buses, and was incorporated in 2017 [5]

Group 1 - VinFast has inaugurated its fourth global electric vehicle factory in Subang, West Java, Indonesia, marking its first factory in Southeast Asia outside of Vietnam, enhancing its competitive advantage in the region and contributing to the development of Indonesia's electric vehicle industry [1][2] - The Subang factory was established in just 17 months, demonstrating VinFast's commitment to local production, with plans to increase the localization rate to over 40% by 2026, 60% by 2029, and 80% by 2030, while developing a supporting industrial ecosystem around the facility [1] - The factory occupies 171 hectares with an estimated total investment exceeding $1 billion, with the first phase involving over $300 million and an initial production capacity of 50,000 vehicles per year, expandable to 350,000 to meet domestic and export demands [2] Group 2 - The factory is expected to create between 5,000 to 15,000 direct jobs at full capacity, with initial assembly focusing on right-hand drive versions of models VF 3, VF 5, VF 6, and VF 7, and plans to include electric motorcycles and electric MPVs starting in 2026 [2] - Indonesian Economic Coordinating Minister Airlangga Hartarto praised the VinFast project for aligning with Indonesia's green industrial development strategy, emphasizing its role in boosting the local economy, job creation, and the establishment of an electric vehicle industry ecosystem [1]