VinFast signs more US retailers

New entrant VinFast has signed 12 further retailers in the US which will be opening from April 2024. This now makes a total of 18 retailers in the US for VinFast, across seven states. The expansion follows the company’s transition from a direct-to-consumer model to a “capital-light hybrid model with a strong focus on leveraging existing distribution infrastructure by building dealership networks in the US and globally”.