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News about VinFast
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- Supplying pallets, trolleys, steel cages... to a Vingroup company, a Vietnamese business reports revenue nearly doubling and plans two more factories next year
CNC Hà Nội, which supplies pallets, packaging crates, trolleys and steel cages, reported revenue of over 225 billion VND in the first nine months of 2026, about double the more than 110 billion VND recorded in 2025. It became a direct supplier to VinFast in 2025, having supplied the automaker indirectly through its suppliers since 2017. Its workforce has also nearly doubled, and it produced nearly 100,000 packages in the first nine months. The company plans to open two more factories in Hanoi and Hung Yen in 2027 if customer demand is strong enough, and hopes to supply VinFast's overseas plants in Indonesia and India, though these are expectations rather than confirmed orders.
- Teaming up with billionaire Phạm Nhật Vượng, Vietnamese firm secures hundreds of millions in orders to build automated production lines for VinFast, now eyeing India and Indonesia
Before 2018, Weldcom mainly supplied equipment and metal fabrication services. It has partnered with VinFast since 2018 and was the first Vietnamese contractor to design, install and commission an electric motorcycle production line. In Hải Phòng it rebuilt a car body-shop line with over 200 robots, then took on a similar role in Hà Tĩnh and worked on VinFast projects in India and Indonesia. From 2018 to end-2025, contracts signed with VinFast exceeded USD 200 million, and total company revenue ranged from about VND 3,000–4,000 billion, of which VinFast projects accounted for roughly 50–60%. The company is also approaching large Indian automakers such as Mahindra and Tata to diversify beyond the VinFast ecosystem.
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