VINFAST WINS “CORPORATE SUSTAINABILITY CHAMPIONS”-ORIGIN INNOVATION AWARD 2022

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Hanoi, November 8, 2022, VinFast has won the “Corporate Sustainability Champions” – ORIGIN Innovation Awards 2022. In addition to recognizing how VinFast’s impacts align with the Sustainable Development Goals of the United Nations, the award affirms VinFast’s commitment to “creating a sustainable future for everyone.”

First held in 2020 by TechNode Global, the ORIGIN Innovation Awards is APAC’s esteemed accolade for tech innovation, which aims to provide recognition to companies that have exemplified the spirit of innovation and entrepreneurship in the running of their businesses. The theme for the 2022 award is “Sustainable Innovations, Lasting Impacts” inspired by the the United Nations Sustainable Development Goals (SDGs).

Among the 300 nominations coming from all over the APAC region, VinFast prevailed as the winner of the “Corporate Sustainability Champions” – ORIGIN Innovation Awards 2022. The award is evaluated based on three main criteria: business impact and value created by the corporate innovation project, sustainable measurable outputs and impacts that align with the UNSDGs, and the technologies underpinning the corporate innovation.

Dr. Morgan Donovan Carroll, Director of Environment – ​​Sustainability – Governance of VinFast, shared: “We are relentlessly innovating towards a green future for all through technology applications and innovations. The “Corporate Sustainability Champions” – ORIGIN Innovation Awards not only strongly affirms VinFast’s commitment to sustainability but also recognizes VinFast’s efforts to realize its goals through the sustainable development model. This motivates us to continue making breakthroughs and contribute to driving the “green” revolution for today and future generations.”

Headquartered in Singapore, TechNode Global is a leading technology media in the APAC region. It is currently the leading news platform for startups and innovation initiatives, with an emphasis on advancing environmental, social, and governance companies toward sustainable development. TechNode Global is also the organizer of the annual BEYOND Expo series in Macau, which is considered the “CES of Asia.”

Mr. Stanley Chong, TechNode Global Director, shared: “We are delighted to present VinFast with “Corporate Sustainability Champions” – ORIGIN Innovation Award 2022. The company has strongly demonstrated its commitment to incorporating sustainable practices by applying innovations and technologies to the business models and operations in line with the UNSDGs. We look forward to their greater contribution to the future of sustainable development.”

Previously, VinFast received a climate change-financing package worth $135 million from the Asian Development Bank (ADB) for producing electric buses and a network of charging stations in Vietnam.

VinFast also announced a partnership with CATL to develop CTC (Cell-to-Chassis) technology for electric vehicle models with lower energy consumption in the future. VinES, a partner of VinFast and a member of Vingroup, has launched a global battery recycling partnership with Li-Cycle to reduce environmental impacts.

VinFast’s substantial strides affirm its vision to become a global smart electric vehicle brand, driving the movement of global electrification revolution and developing green mobility for everyone.

About VinFast

VinFast – a member of Vingroup – envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam.

Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.com.

About Vingroup

Established in 1993, Vingroup is one of the leading private conglomerates in the region, with a total capitalization of $35 billion USD from three publicly traded companies (as of November 4, 2021). Vingroup currently focuses on three main areas: Technology and Industry, Services and Social Enterprise. Learn more at: https://www.vingroup.net/en.