Vingroup Vice Chairwoman on Getting Into Car Industry

Vinfast, a Vietnamese company, is entering the competitive automobile industry to meet consumer demand and build an ecosystem in Vietnam. They plan to launch a 5-seater sedan and a 7-seater SUV by the end of 2019, with future plans for electric cars and scooters. Jim DeLuca, former VP of General Motors, is the new CEO. Vietnam's market is expected to grow as it transitions from two-wheel to four-wheel vehicles, driven by rising GDP. Vinfast aims to offer high-quality, reasonably priced vehicles, not competing directly with high-end international brands.

What is Vinfast's primary goal in entering the automobile industry?

• To manufacture only luxury cars

• To compete with high-end international brands

• To build an ecosystem supporting the community

• To focus solely on electric vehicles

What types of vehicles does Vinfast plan to launch by the end of 2019?

• Electric cars and scooters

• 5-seater sedans and 7-seater SUVs

• Motorcycles and bicycles

• Luxury sports cars

Who has been appointed as the new CEO of Vinfast?

• Jim DeLuca, a former executive from General Motors

• A former executive from Ford

• A former executive from BMW

• A former executive from Tesla

What significant market transition is expected in Vietnam that will boost car sales?

• Transition from public transport to private cars

• Transition from two-wheel to four-wheel vehicles

• Transition from diesel to electric vehicles

• Transition from imported to locally manufactured cars

How does Vinfast plan to position its products in the market?

• By targeting only international markets

• By focusing on luxury and premium segments

• By providing high-quality products at reasonable prices

• By offering the cheapest cars available