logo
VinFast Finds Strategic Opening in Gulf's EV Shift

VinFast Finds Strategic Opening in Gulf's EV Shift

Zawya3 days ago

The Gulf nations offer more than growth potential. For VinFast, it presents a well-timed opportunity to expand into a region that's actively investing in clean transportation while remaining open to new players.
HANOI, VIETNAM - Media OutReach Newswire - 29 May 2025 - Gulf countries are reinventing themselves, quickly. They are now investing in cleaner energy, modern infrastructure, and long-term economic resilience. National strategies like UAE Vision 2031 and Qatar Vision 2030 are pushing change across energy, transport, and technology.
Electric vehicles can play an important part in this shift. They support environmental goals and open up new industrial opportunities, helping to build new value chains and attract long-term investment. What's more, people in the region are already warming up to EVs.
In the UAE, for example, 63% of residents want EVs to be their main way of getting around by 2025, according to a YouGov survey[1]. Around 73% believe that by 2028, charging stations will be available every few kilometers. These findings show that consumers are ready for change and already have expectations for the infrastructure. They're looking for reliable options, and they're open to new brands that can deliver quality and long-term support.
Governments are playing an active role in speeding up this transition, in part to prepare for a post-oil future. Countries across the Gulf are investing in EV strategies as part of their broader economic diversification plans. Qatar's EV Strategy 2021 is already showing results. Over 70% of its public buses are now electric[2], and its policies promote local assembly, training, and infrastructure partnerships. Oman is also making progress, with initiatives like Net Zero 3 aimed at cutting emissions and reducing fuel use. The country plans to have at least 22,000 EVs on the road by 2040 and to phase out fossil fuel vehicles by 2050[3].
From a bird's eye view, these policies reflect broader national and regional goals to diversify the economy and reduce reliance on fossil fuels. Meeting those goals requires partners who can contribute to more than just car sales, leading governments to look for companies that will help build service networks, support local jobs, and stay for the long term.
The call for growth in untapped markets is proving irresistible to international brands. One of them is VinFast, the best-selling car brand in Vietnam. It is stepping into this space with the right offer at the right time, bringing more than ambition. The company has already opened a dealership in downtown Dubai and launched a showroom in Muscat. Its models are smart, practical, and priced to attract high-paying consumers.
The Gulf's EV market is still developing, which gives early entrants like VinFast a real advantage. There's space to build customer trust, establish brand recognition, and help shape the expectations of a new generation of EV buyers. By coming in early and backing up its presence with reliable service and local engagement, VinFast can stand out in a space that is filling up fast.
For VinFast, a global brand that has established a presence in more than a dozen countries, the Gulf nations and the broader Middle East region are not merely another stop on the map. They represent a strategic move that aligns with both what the company offers and what the region needs. Demand is rising. Policies are in place. And the door is wide open.
Hashtag: #VinFast
https://me.vinfast.com/
The issuer is solely responsible for the content of this announcement.
VinFast

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Abu Dhabi health drive raises Dh509 million in two weeks to support patients with chronic diseases
Abu Dhabi health drive raises Dh509 million in two weeks to support patients with chronic diseases

The National

time28 minutes ago

  • The National

Abu Dhabi health drive raises Dh509 million in two weeks to support patients with chronic diseases

An Abu Dhabi humanitarian drive aiming to provide critical support to patients with chronic diseases and people with various disabilities has raised more than half of its Dh1 billion fund-raising target in only two weeks. The Life Endowment campaign, established by the Endowments and Minors Funds Authority (Awqaf Abu Dhabi), has collected Dh509 million from 93,000 contributors, it was announced on Sunday. The vital initiative, being held under the slogan With you for Life, was announced by President Sheikh Mohamed under the UAE's Year of Community. The impressive running total is thanks to contributions from both individuals and businesses alike, including a Dh172 million donation from Sheikha Fatima bint Mubarak, Mother of the Nation. The drive will help to cover treatment costs for people while supporting the research and development of pharmaceutical drugs. Fahad Al Qassim, director general of the Abu Dhabi Endowments and Minors Funds Authority, said the scheme represented a major milestone in the UAE's philanthropic vision. 'The significant contributions received since the campaign's launch demonstrate the UAE community's unwavering commitment to supporting humanitarian initiatives," Mr Al Qassim said. "The enthusiastic response to the Life Endowment campaign exemplifies deep compassion for those suffering from chronic diseases and for people of determination. "The continued flow of generous contributions through various channels underscores the widespread culture of endowment in our society as a key catalyst of sustainability.' Who will benefit from fund? The fund will be continuous and have no end date, Mr Al Qassim previously told T he National. Its finances will be invested and then spent to help patients. 'Assets will be invested and the returns will be spent on treatment, which means that we have a sustainable financial instrument and product that gives returns every single year,' he said in an interview following the campaign's launch. 'This endowment caters for the weakest point in the community and a lot of those people are actually non-UAE nationals. Emiratis today, at the end of the day, they do get the treatment from the government by the leadership. Expats today are more vulnerable in terms of the weaker point of the community. 'Endowments are here to stay for generations. It's not for the next two years, and then it will be mothballed or to a different initiative. No, it will continue to be there, hopefully for generations to come.' Abu Dhabi's Department of Health is overseeing the health-related aspects of the endowment, ensuring contributions are directed effectively to support specialised care and reach those who need the funds most. The campaign has two fund-raising arms – the Emirates Red Crescent Authority, which has been a leading humanitarian entity since 1983, and the Authority of Social Contribution – Ma'an, Abu Dhabi's official channel to receive social contributions. How to contribute Individuals and institutions can make donations using various platforms: Awqaf Abu Dhabi's digital donation platform Send the word "Life" in a text message using the e& Emirates network to the following numbers: 3557 to donate Dh10, 3556 to donate Dh50, 3225 to donate Dh100 and 3223 to donate Dh500 Send the word "Life" in a text message using the du network to the following numbers: 3583 to donate Dh10, 3585 to donate Dh50, 3586 to donate Dh100 and 3587 to donate Dh500

PSG's emphatic Champions League triumph gives Qatari owners long-awaited glory
PSG's emphatic Champions League triumph gives Qatari owners long-awaited glory

Khaleej Times

time32 minutes ago

  • Khaleej Times

PSG's emphatic Champions League triumph gives Qatari owners long-awaited glory

After almost 15 years of huge investment, frequent disappointment and occasional humiliation, Paris Saint-Germain got their hands on the Uefa Champions League trophy on Saturday, allowing their Qatari owners to bask in the glory of an emphatic triumph. PSG could not win European football's biggest prize in previous seasons with Zlatan Ibrahimovic, or later with Neymar and Kylian Mbappe, and even after that when they added Lionel Messi to the mix. But they have done it now after shifting the focus away from signing glamorous superstars and letting a brilliant coach in Luis Enrique work with a hungry, dynamic young team. PSG have been Europe's best side in 2025, but the display against Inter Milan in Munich topped it all as they romped to a 5-0 victory, the biggest win in the final in the competition's history. It was ultimately worth the long wait for the Gulf owners who arrived in 2011 when Qatar Sports Investments (QSI) bought an ailing club. Qatar got the perfect World Cup final in 2022, when Messi's Argentina beat Mbappe's France on an epic night in Doha, and now Qatari-owned PSG have the most stunning Champions League final win. It is easy to forget now, but they lost three of their first five games in the tournament this season. "We had a difficult start. Everyone criticised us and doubted us. Lots of people didn't believe in our project," PSG president Nasser Al Khelaifi told broadcaster Canal Plus. "The objective now is to win again. It has taken 14 years of hard work but we are building something for the future." Al Khelaifi, who is close to Qatar's ruler and holds several influential positions in football including as chairman of the European Club Association, was beaming as he celebrated with the trophy. The first of many? It is just the second time any French club has won it after Marseille in 1993. It surely won't take over 30 years for PSG to win another Champions League, especially as this thrilling young side should now stay together for a long time. The average age of their starting line-up on Saturday was under 25 and their oldest player is Marquinhos at 31 — he has been there since 2013. "I have suffered and I have grown with this team," the Brazilian told broadcaster M6. "My thoughts are with all the players who played here but were not able to win it." It has required 14 years, eight coaches, and over two billion euros ($2.27 billion) spent on transfer fees for QSI to get here. In the last 12 campaigns before this season, PSG reached one final, losing to Bayern Munich in Lisbon in 2020. There were two semi-final defeats, but there have also been humiliating collapses in the last 16 against Barcelona in 2017, Manchester United in 2019 and Real Madrid in 2022. "I said when I came in that the objective was to win important trophies, and the only one missing was the Champions League," said Luis Enrique, appointed in 2023. Club World Cup the next target After Abu Dhabi-owned Manchester City's victory two years ago, also against Inter, it is another triumph for a club with Gulf owners. PSG's victory was always only a matter of time. Their revenue last year of just over 800 million euros made them the third-richest club in analysts Deloitte's Football Money League. They sat behind only Real and City, and just ahead of traditional European aristocrats United, Bayern and Barcelona. PSG's last reported annual wage bill was close to double Inter's entire revenues. The difference with past years is that they are now spending the money more intelligently, on the likes of Saturday's two-goal hero Desire Doue, Joao Neves and Khvicha Kvaratskhelia. Luis Enrique and sporting director Luis Campos recently signed new contracts with the club who also won all three available titles in France this season. PSG will now take away more than 100 million euros just in prize money from winning the Champions League, and there is the chance for more glory and riches as they head to the highly lucrative Fifa Club World Cup in the USA. Qatar-owned PSG's quest for domination will not stop with Europe. "I think it is an incredible competition," said Luis Enrique, whose side face Atletico Madrid in Los Angeles in two weeks' time.

UAE, WHO launch joint effort to cut child mortality from malnutrition by 20% in Yemen
UAE, WHO launch joint effort to cut child mortality from malnutrition by 20% in Yemen

Khaleej Times

timean hour ago

  • Khaleej Times

UAE, WHO launch joint effort to cut child mortality from malnutrition by 20% in Yemen

The UAE and the World Health Organisation launched a joint initiative to reduce mortality rate caused by poor health and malnutrition among children in Yemen by 20 per cent. The global body said on Sunday that the project aims to enhance maternal and child health services — targeting 80 per cent across health facilities within the next 24 months. The initiative is led by the Khalifa bin Zayed Al Nahyan Foundation for Humanitarian Work, and in close coordination with Yemen's Ministry of Public Health and Population (MoPHP). The focus of the programme is Socotra, a Yemeni island in the Indian Ocean, where malnutrition and disease outbreaks continue to pose a serious threat. Socotra is grappling with severe food insecurity and repeated outbreaks of cholera, measles, and dengue fever. The island's under-resourced health and nutrition services leave children under five, along with pregnant and lactating women, at especially high risk of preventable diseases and death. With a population of over 83,000, Socotra is served by just 32 strained health facilities. It currently lacks essential infrastructure such as a central public health laboratory, a functional drug warehouse, and a system for pre-positioning medical supplies — all critical for timely emergency response and sustainable healthcare delivery. The healthcare system faces chronic shortages of skilled personnel, essential medicines, and emergency preparedness mechanisms. Maternal health indicators are particularly concerning: over 92 per cent of pregnant women suffer from anaemia, and antenatal care remains minimal. Additionally, nearly 37 per cent of children have not received any vaccinations. Malnutrition levels are also alarming, with the global acute malnutrition (GAM) rate at 10.9 per cent and the severe acute malnutrition (SAM) rate at 1.6 per cent — figures that reflect a serious public health emergency. As part of the programme, WHO and the UAE will focus on enhancing epidemic preparedness and disaster risk reduction. This includes equipping healthcare facilities, training staff to better respond to disease outbreaks and cyclone-related emergencies, and creating a multisectoral coordination platform. Quarterly strategic planning meetings will bring together WHO, UAE, MoPHP, and other partners to ensure ongoing collaboration and effective implementation. 'We are determined to effectively address food and health challenges faced by women and children in Socotra, in collaboration with the WHO,' said Mohamed Haji Al Khouri, director-general of the Khalifa Bin Zayed Al Nahyan Foundation for Humanitarian Work. Al Khouri explained that the Khalifa Foundation, an affiliate of Erth Zayed Philanthropies, would work with the WHO to develop appropriate solutions to nutritional and health challenges using a new survey based on current data. 'The joint initiative aims to reduce maternal and child mortality caused by malnutrition through a comprehensive plan of action. This will enhance maternal, infant, and child care services, and improve emergency preparedness and response to epidemics,' he added.' 'This programme reflects a joint commitment by WHO and the UAE to improving the health and well-being of vulnerable populations, particularly mothers and children, while reinforcing healthcare systems in crisis-affected areas," said Dr Ferima Coulibaly-Zerbo, acting representative of WHO in Yemen. "We are working to create more resilient, equitable, and responsive health services for the people of Socotra, establishing a foundation for long-term health security on the island and contributing to a stronger and healthier Yemen,' she added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store