VinFast’s Global Presence Mirror Vietnam’s Growing National Ambition

MARKHAM, Ontario--(BUSINESS WIRE)--From VinFast’s electric cars on Canadian roads to new ventures in energy and culture, Vingroup’s expansion reflects Vietnam’s evolution from a manufacturing base into a confident, innovation-driven economy with global reach.

A VinFast VF 9 glides through a quiet Toronto street on an early winter morning. Snow dusts its hood. The driver, a Vietnamese-Canadian engineer, speaks with quiet pride about his family’s car. It comes from a Vietnamese company. The vehicle was built in Hai Phong and now moves through the Canadian winter with no fuss.

That one car tells a larger story. It reflects Vietnam’s rise from rebuilding to manufacturing, with Vingroup, VinFast’s parent company and the country’s largest private conglomerate, at its center.

A Mirror of Progress

Vingroup is one of Vietnam’s most transformative enterprises. Founded in 1993 by entrepreneur Pham Nhat Vuong, who began with humble noodles in Ukraine, the company now represents the nation’s shift from a developing economy to an innovation-driven one. Its 32-year journey mirrors Vietnam’s own transformation through bold reforms, the growth of the private sector, and a growing sense of global confidence.

When Vietnam’s leaders set new economic goals in 2025 and called private firms “the locomotive of national growth,” Vingroup already fit that definition. Its success captures the country’s shift from making goods for others to creating and exporting products of its own.

Vingroup’s ecosystem reads like a working model of modern Vietnam. A Vinhomes community can include a school, a clinic and shops within walking distance. Residents can send their children to Vinschool and visit a Vinmec clinic without leaving the neighborhood. Beyond housing and services, the company invests in software, robotics and artificial intelligence that feed into its factories and digital systems. The VinFuture Prize, sometimes called the “Nobel of Asia,” brings global scientists and researchers to Vietnam each year.

In August 2025, Vingroup added two new pillars: Green Energy and Infrastructure. The company proposed high-speed rail lines capable of reaching 350 kilometers per hour, linking Hanoi and Quang Ninh in the north and Ho Chi Minh City and Can Gio in the south. It also began developing seaports and logistics hubs in Hai Phong and Ha Tinh. These projects link industrial expansion with transport and trade. Meanwhile, VinEnergo will build solar and wind farms paired with energy storage made from VinFast batteries. The program aims to supply tens of gigawatts across Southeast Asia, placing Vingroup at the center of energy transition in the region.

VinFast turns those national ambitions into something people can see and drive. The automaker began as one division of Vingroup and quickly became a global symbol of Vietnamese engineering. In just a few years, VinFast moved from concept cars to full-scale production. In the first nine months of 2025, the company reported more than 100,000 deliveries, making it Vietnam’s best-selling car brand for 11 months straight. Its smaller VF 3, VF 5 and VF 6 models lead domestic sales, while the VF 8 and VF 9 reach drivers abroad. The company supports its vehicles with advanced features and one of the longest warranties in the industry, positioning reliability as part of its brand identity.

Canada became a deliberate test ground. The country demands vehicles that perform in harsh winters and over long distances. Buyers also expect dependable after-sales service. VinFast entered the Canadian market with a focus on warranty coverage and a broad charging network. Owners in Ontario and Quebec describe long road trips, reliable performance and comfortable cabins. For Vietnamese expatriates, seeing a VinFast on local streets feels personal. It signals that a company from their homeland can design, build and sustain products that compete internationally.

Vingroup’s growth works on many levels. Its factories and supply chains stand beside projects that shape daily life. A battery plant supplies both cars and power storage, linking mobility with energy. New transport routes connect cities to ports. Each piece reinforces the others, building capacity, creating jobs in assembly, logistics and engineering, and feeding back into Vietnam’s economic development.

In late 2025, the group added a new dimension: culture. The Culture pillar created V-Culture Talents to train artists, V-Film to produce cinema and television, and V-Spirit to manage festivals and large-scale events. The initiative fills a space that many countries overlook. Cultural work influences how a nation is seen and gives artists a platform to tell their own stories. For a company that began in real estate and industry, the move into the arts reflects a broader vision of national identity.

“We believe culture is not only a spiritual foundation and measure of social development but also a driving force for building a sustainable future,” said Nguyen Viet Quang. “Building the Culture pillar reflects Vingroup’s responsibility to the community and to our nation’s heritage. We aim to create a cultural and artistic space respected by our people and international friends.”

The Sound of Tomorrow

Back in Canada, the VF 9 charges quietly as snow thickens outside. Inside, the driver scrolls through Vietnamese music on the infotainment screen. The connection between two worlds glows on the dashboard.

Half a planet away, cranes raise girders for new Vinhomes high-rises. Construction crews work on bridges and ports. Students fill Vinschool and VinUni classrooms. Patients receive care at Vinmec hospitals. Artists prepare for the next 8Wonder festival.

Three decades after its founding, Vingroup has become more than a corporation. It reflects Vietnam’s confidence and ambition. It represents a nation that builds, innovates and looks outward with pride. The quiet hum of that electric motor in Canada carries a deeper meaning. It is the sound of Vietnam’s future in motion.