Part 7/9:
In Southeast Asia, VinFast’s offerings are better suited to regional preferences for smaller, more affordable vehicles. The smaller VF5 and VF3, priced at around $13,000, have gained traction within their market segment amidst competition from cheaper alternatives available in the region. VinFast benefits from its connection to the Vin Group, particularly through its subsidiary Green and Smart Mobility (GSM), which has purchased tens of thousands of EVs from VinFast, accounting for a significant percentage of the company's deliveries.