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The Green Ecosystem Surrounding VinFast’s EV Fleet: Fueling Asia’s Inevitable Electric Future
Asia’s booming industries and growing population have made it a major player in the global energy landscape. The region’s energy choices are critical to the worldwide transition towards clean energy sources.
While some Asian countries, like Japan with its CCS Long-term roadmap (2023) and India with its National Green Hydrogen Mission (2023), are taking strides towards green initiatives (according to ResearchAndMarkets.com), there’s more to be done. Distributing clean energy technologies across the continent, especially to countries heavily reliant on fossil fuels to meet their energy demands, is essential.
Electric vehicles are a prime example of a technology that can significantly help Asia achieve its climate goals.
While younger Asians recognize the urgency of a global green transition, electric vehicles have often been perceived as costly and complicated. VinFast has made ‘Making EVs Accessible to All’ a reality by addressing two key challenges: offering a diverse range of affordable EVs to suit various consumer needs and budgets, and developing a robust charging infrastructure to facilitate a smooth transition to electric mobility.
From Products to Production: Building a Comprehensive Green Ecosystem
According to The Economist Intelligence Unit (EIU), the future of Asia’s electric vehicle sector looks promising. The EIU predicts that Asia will dominate the global EV market, accounting for 63% of the 115 million new EVs sold worldwide over the next five years. By 2028, EVs are projected to comprise 39% of all new car sales in the region.
VinFast is demonstrating its commitment to green transformation by expanding its reach beyond established markets like Europe and North America. The Nasdaq-listed company has recently entered the Philippines market, where it has officially launched its brand and commenced EV deliveries. Furthermore, VinFast has broken ground on a new manufacturing facility in India.
India is a crucial market in VinFast’s global expansion strategy. This new manufacturing facility will capitalize on India’s rapidly growing market and solidify VinFast’s global manufacturing footprint, complementing its existing production base in Vietnam.
Beyond its manufacturing facilities, in the future, VinFast is committed to offering the Indian market premium quality products, inclusive pricing, and exceptional after-sales support to ensure widespread accessibility of electric mobility.
Furthermore, following its successful debut at the 2024 Indonesia International Motor Show (IIMS), VinFast has expanded its presence in the Indonesian market. The company has delivered its smart electric vehicles, implemented attractive sales and warranty policies, and is actively expanding its dealer network. To support this growth, VinFast has also broken ground on a new assembly plant in Indonesia.
Its innovative battery subscription policy has been a major hit, earning them the “Pioneering Initiative Driving Green Transition” award from Detik.com and recognition from CNN Indonesia for their contribution to the country’s green goals.
Aligned with VinFast’s vision for a sustainable future, Mr. Pham Nhat Vuong, VinFast’s CEO and founder, is building a comprehensive green ecosystem in Indonesia. This ecosystem includes V-GREEN and Xanh SM.
Recently, V-GREEN partnered with Prime Group, a major conglomerate, to establish a network of charging stations for VinFast EVs across Indonesia. This ambitious project, with a projected investment of $1.2 billion, aims to install approximately 100,000 charging stations within the next three years. This MoU highlights both parties’ commitment to accelerating the adoption of electric vehicles in Indonesia.
Meanwhile, Xanh SM, a ride-hailing service powered by electric vehicles, offers consumers a convenient and sustainable transportation solution. This innovative service enables individuals to participate in the green transformation by adopting electric mobility without the need for personal vehicle ownership.
Making Sustainable Mobility More Accessible to All
VinFast’s success in Asian markets is expected to stem from a customer-centric approach that emphasizes product diversity, good pricing, and exceptional value. This includes offering market-leading warranty policies and attractive sales programs.
To thrive in the dynamic automotive market, VinFast has adopted a multi-pronged approach, offering a diverse range of electric vehicles including eight cars, one bus, nine motorbikes, and one bicycle. This strategy, catering to a wide range of consumer needs and budgets, has proven successful in the Vietnamese market, with VinFast achieving the top spot in car deliveries for the first ten months of 2024.
Notably, VinFast has successfully disrupted the Vietnamese automotive market through a combination of innovative product development and a compelling sales strategy. The introduction of the stylish and practical VF 3, offered at an attractive price point, has been a key driver of this success. This affordable and appealing electric SUV has quickly gained popularity among urban commuters, with high demand and eager anticipation among customers.
Furthermore, the VF 5 is proving to be a game-changer, attracting both individual and commercial customers. Notably, VinFast is witnessing a significant shift towards electric vehicles among traditional taxi operators, driven by the compelling economic advantages of reduced maintenance costs and stable electricity prices compared to fluctuating gasoline prices.
These successes demonstrate VinFast’s ability to not only create new market demand but also drive the widespread adoption of electric mobility in Vietnam.
Driven by the success of VinFast, Vietnam’s automotive market has undergone a dramatic transformation, with electric vehicles now outselling gasoline-powered cars.
VinFast’s success in Vietnam demonstrates the potential for significant EV market growth across Asia. By addressing affordability, charging infrastructure, and diverse transportation options, VinFast is leading the charge towards a sustainable future for the region. This comprehensive approach and VinFast’s expanding presence in key Asian markets position the company as a driver in the region’s inevitable electric future.
Hashtag: #VinFast #EV
The issuer is solely responsible for the content of this announcement.
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The VinFast VF 8 and the New Priorities of EV Ownership
Just a few years ago, conversations surrounding EV buying were dominated by battery size, driving range and acceleration. Those things still matter today, but they are no longer the whole story. As EVs move into the mainstream, buyer priorities are shifting toward practical, long-term considerations, including the post-purchase experience, charging convenience, straightforward servicing, and the enduring reliability of the brand. These factors increasingly shape purchasing decisions, and they also provide a useful lens through which to look at the VinFast VF 8, an all-electric mid-size SUV.
Designed by the legendary Italian design house Pininfarina, the all-electric D-segment SUV combines clean, modern styling with the practicality expected of a family vehicle. It delivers up to 493 km of NEDC driving range, produces up to 402 horsepower through a dual-motor AWD system, and comes equipped with Level 2 driver assistance technologies, a 15.6-inch infotainment display, and a spacious cabin designed for everyday comfort. In the UAE, buyers also benefit from a 10-year vehicle warranty, a 10-year unlimited-mileage battery warranty, alongside 24/7 roadside assistance and five years of free maintenance up to 100,000 km.
While the VF 8 already has plenty to offer on paper, the real challenge is making ownership feel effortless once the excitement of the purchase has passed. Recognizing that, VinFast has invested heavily in the ecosystem that supports its vehicles.
Earlier this year, the company signed agreements with 29 international aftersales partners as part of a broader plan to expand its global service network to more than 1,100 workshops across North America, Europe, the Middle East, and Asia during 2026. The company is also rolling out customer support initiatives such as software updates, battery inspections, and technical support throughout the ownership journey.
In the UAE specifically, VinFast works with Al Tayer Motors to provide local aftersales support while continuing to strengthen its regional service network through experienced local partners. In March, the company signed an MoU with PlusX Electric, a DEWA-approved charging provider, to extend support beyond the dealership network. The plan includes portable charging pods, on-demand mobile charging, and emergency roadside charging services. The goal is to reduce downtime and eliminate the awkward scenario of running low on charge far from a plug.
“VinFast is committed to building a long-term and comprehensive EV ecosystem in the UAE, one that gives customers confidence not only in the quality and performance of our electric vehicles, but also in the reliability and accessibility of the supporting infrastructure,” one executive of VinFast Middle East said in a press release.
The Middle East is entering an important stage of its EV journey, with governments investing in cleaner mobility and consumers enjoying more choices than ever before. As the market evolves, delivering a competitive vehicle is only part of the equation, while making ownership straightforward is becoming just as important. The VinFast VF 8 reflects that shift, pairing the features of a modern electric SUV with growing investments in charging, aftersales support, and customer service.
Hashtag: #VinFast #EV
The issuer is solely responsible for the content of this announcement.
Media OutReach
ISCA Accountants Move Beyond the Numbers to Help Singaporeans Navigate Life’s Financial Decisions
Hashtag: #ISCA #CharteredAccountants #AnnualDinner #DifferenceMakers #Accounting #Accountancy
The issuer is solely responsible for the content of this announcement.
Institute of Singapore Chartered Accountants (ISCA)
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60,000 Accountancy and Corporate Finance Professionals to Be AI-Ready Over Three Years
ISCA and IMDA launch AIxAccountancy, the first AI fluency programme for non-tech professionals under the National AI Impact Programme
SINGAPORE – Media OutReach Newswire – 3 July 2026 – The Institute of Singapore Chartered Accountants (ISCA) and the Infocomm Media Development Authority (IMDA) officially launched the AI Fluency Programme, AIxAccountancy, today. The programme will empower accountancy and corporate finance professionals with the skills, confidence and know-how to use artificial intelligence (AI) effectively and responsibly at work. It supports ISCA’s broader commitment to strengthening AI capabilities across the profession, in line with its ambition to upskill 60,000 accountancy and corporate finance professionals [1] over a three-year period.
2. AIxAccountancy is the first training programme developed through IMDA’s partnership with professional bodies under the National AI Impact Programme (NAIIP) [2], which aims to train 100,000 non-tech professionals to become AI bilingual over the next three years. Prior to its launch, more than 20,000 individuals [3] across the public and private sectors, including tertiary students, had already expressed interest in AIxAccountancy, reflecting strong demand to build AI capabilities. The Accountant-General’s Department is also planning to incorporate the programme as part of the learning and development of all 4,000 public sector finance and internal audit officers. To make the programme widely accessible, AIxAccountancy will be offered free to ISCA members who are Singapore Citizens or Permanent Residents, including tertiary students.
Flexible AI training programme with industry-recognised credentials
3. AIxAccountancy is designed to offer flexible and structured online learning tailored for working professionals to learn at their own pace, fitting in their busy schedules so that their professional and personal commitments are not disrupted. The programme will be delivered in two progressive phases, enabling learners to develop core AI capabilities before advancing to specialised applications. Learners will gain hands-on experience with widely used AI tools such as ChatGPT, Claude, Copilot and Gemini, with the curriculum regularly refreshed to stay industry-relevant.
- Phase 1 will focus on AI foundations for common workplace tasks, such as creating AI-enabled workflows for financial statement analysis. Learners will gain essential AI knowledge, hands-on experience with a range of AI tools, and the confidence to use AI effectively in their day-to-day work.
- Phase 2 will focus on applying AI to role-specific workflows across accounting, finance, auditing, taxation and related disciplines.
4. Upon completing both phases, ISCA will award participants a Certificate of Completion, a digital badge and Continuing Professional Development Education (CPE) hours. The digital badge serves as a verifiable, tamper-proof record of achievement that recognises AI proficiency, signalling credibility to employers. It can be easily shared across professional platforms including LinkedIn.
5. Accounting professionals in, or aspiring to, management roles can also enrol in modules focused on AI implementation after completing the two phases. These modules are designed to equip them to lead the responsible adoption of AI and drive AI transformation within their organisations.
An AI sandbox to experiment and learn from peers and industry leaders
6. As part of AIxAccountancy, participants will also have access to AI Nexus, a dedicated hub for accountancy and corporate finance professionals to learn and share insights, resources and best practices on AI adoption. Through AI Nexus, participants can experiment, prototype and build their own AI-assisted workflows in a sandbox environment, applying their learning directly to real industry needs. Participants can also connect with peers, technology providers and educators to share and work on new use cases. Regular sharing sessions by leading accountancy companies and AI tool providers will further enrich the learning experience with best practices and real-world applications. Together, these channels ensure participants receive both expert guidance and meaningful peer-to-peer learning throughout the programme. Participants can access AI Nexus at: https://ainexus.isca.org.sg/.
7. Mr Lee Boon Teck, President of ISCA, said: “AI is reshaping the future of the accountancy profession. The professionals who will thrive are those who become AI bilingual, combining deep accounting expertise with the ability to use AI confidently, responsibly, and with sound professional judgement. AIxAccountancy is more than a training programme. It is a national profession transformation initiative that equips accountants and finance professionals with the skills and confidence to create greater value for businesses and society.”
8. Mr Ng Cher Pong, Chief Executive of IMDA, said: “AI delivers the most impact when it is grounded in domain expertise and applied to the work professionals know best. Our partnership with ISCA on AIxAccountancy reflects this approach by equipping accounting and corporate finance professionals not just with AI skills, but also with the ability to apply them meaningfully and responsibly in their day-to-day work. We look forward to seeing more professionals harness AI with confidence and purpose, becoming not only fluent, but truly AI bilingual in their field.”
9. Mrs Chia-Tern Huey Min, Chief Executive Officer of Accounting and Corporate Regulatory Authority, said: “ISCA’s AI Fluency Programme, AIxAccountancy, comes at an opportune time, as AI continues to reshape industries and redefine the way we work. It complements the refreshed Skills Framework for Accountancy, which embeds AI fluency across all 44 job roles – spanning data analytics, visualisation and strategic decision-making. Through this programme, accounting and finance professionals will gain the practical AI skills they need to thrive in this rapidly evolving landscape.”
10. The launch of the AIxAccountancy underscores ISCA and IMDA’s commitment to help the accountancy profession navigate the AI era. By equipping professionals with accessible learning, practical AI experimentation and community collaboration, ISCA aims to accelerate AI adoption across the profession while ensuring professional judgement, ethics and trust remain at the core of professional accountants in an increasingly AI-driven business environment.
Hashtag: #ISCA #CharteredAccountants #AIxAccountancy #AIFluency #AIBilingualism #DifferenceMakers #Accounting #Accountancy
The issuer is solely responsible for the content of this announcement.
Institute of Singapore Chartered Accountants (ISCA)
Infocomm Media Development Authority
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