Nasdaq-listed VinFast pushes EVs in Vietnam ride-hailing sector

Perks for 'Uber of Vietnam' may increase uptake in top electric scooter market

20230910 Be group Vietnam

Vietnamese ride-hailing and delivery startup Be Group has struck a deal for discounted VinFast electric motorbikes at a time when the manufacturer is producing far below capacity. (Photo by Lien Hoang)

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- VinFast looks to increase electric vehicle penetration in Vietnam's ride-hailing sector through discounts and no-interest loans on motorbikes, as investors question whether the EV maker can ramp up shipments and move closer to profitability.

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