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AUTOBEST names VinFast a rising star

Released at: 14:05, 04/10/2018

AUTOBEST names VinFast a rising star

Photo: VinFast

European automotive awards body presents "A Star is Born" trophy to new Vietnamese auto maker.

by Doanh Doanh

VinFast has been presented with the “A Star is Born” trophy from AUTOBEST, a leading European automotive awards body. Presented by a jury of independent motoring writers from across Europe, the award recognizes the fierce, aspirational approach of VinFast and celebrates the “most exciting new brand and vehicles” at the 2018 Paris Motor Show.

“What VinFast is doing is extraordinary,” said Mr. Dan Vardie, Chairman of AUTOBEST. “The brand has developed two models and built an all-new advanced facility with mass-production scale in Vietnam within 12 months. Even more impressive is that the plans and aspirations of VinFast are far beyond building a car company; it will contribute to the foundation of Vietnam as an international automobile manufacturing nation. We are delighted to reward the accomplishments of VinFast with the ‘A Star is Born’ trophy - a new category in the AUTOBEST awards.”

At the 12-month point in the development of its first two vehicle models and the creation of a world-leading modern production complex in Southeast Asia, VinFast has shown its strong position in preparing to launch in Vietnam and on the international stage. Its LUX A2.0 sedan and LUX SA2.0 SUV made their world premiere in Paris on October 2. The brand’s debut cars perfectly represent its core values and philosophy of “Vietnamese - Style - Safety - Creativity – Pioneering”.
As a proud Vietnamese business with a truly global outlook, VinFast is working with world-leading European design, engineering and production technology partners to create products that meet international standards and customer expectations in terms of design, quality, dynamics, premium in-car features, and the ownership experience.

“For us, the 2018 Paris Motor Show is about introducing VinFast to the world,” said Mr. James DeLuca, CEO of VinFast. “The feedback to our first two models so far has been tremendous. For our efforts to be recognized by such a respected international body of automotive journalists as AUTOBEST is a fantastic reward for the hard work and dedication of everyone at VinFast.”

The LUX A2.0 and LUX SA2.0 exhibit world-class design developed in partnership with the world-renowned Pininfarina team in Italy. VinFast and its vehicle engineering partners are developing two world-class cars in half the usual period taken to develop a new car.

To ensure the program’s ambitious timing could be achieved without compromising quality, VinFast chose leading experts in their fields, including engineering companies Magna Steyr and AVL. Domestic sales of the new cars will be followed in 2020 by the start of exports to international markets.

VinFast has also recruited senior executives from some of the industry’s leading automotive companies. As a newcomer to the automotive industry, this strategy has built a strong foundation to ensure VinFast can build a highly successful automotive business from scratch within a remarkably short timescale.

Its all-new 335-ha production complex is nearing completion on a site partially reclaimed from the sea near the port city of Hai Phong in northern Vietnam and represents one of the country’s biggest industrial projects ever.

The plant will be one of the most advanced in the world, fully embracing Industry 4.0 systems, with data collection and management systems, interconnected sensors, and cloud servers. It will employ world-class production equipment and processes to ensure its output meets the most exacting international standards.

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