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Vingroup lost USD1 billion last year in manufacturing due to poor sales of VinFast vehicles, EV investments

lol at chinese fortune telling. you guys predicted Vinfast wouldn't be able to sell a single unit and would go bankrupt in its first year of 2020. Just after its 2nd year of operation in 2021, Vinfast already captured 10% of Vietnam's domestic passenger cars, something that chinese cars couldn't do, LOL. Fast forward to 2022, Vinfast continue to surge forward and build another 2000 hecta factory that is 6 times larger than their factory in Hai Phong in addition to installing 150,000 EV charging stations for their EV. I can understand why the korean netizen go ape shiit at Vinfast for undercutting their sales in Vietnam, but why chinese netizen? Vinfast is not undercutting any of your sales and Vietnamese don't even know the existence of any chinese car to begin with either, LOL
Come on, 10% of your tiny sales is still negligible... Our domestic car companies have captured half the shares of our ~30 million annual car sales, the shares for EVs are over 80%. Keep building factories? Sure, that is where the billions of $ losses comes from and more to come. LOL...

Another self delusion. That has nothing to do with quality decision but more to do with nationalism. Made in China is definitely better than your made in Vietnam. Tesla build factory in China proves that. You can cheat, lie or deluded yourself. It wouldn't change any fact. You are just slapping your own face.

Even you admit your labor is cheap, what makes u even the right to try mock at China? You shall know China is a 18 trillion economy and a socialist country. The government are subside large number of low income and their cost of living is much much lower than city life.

I present real fact of GDP per Capita. If u think vietnam really has higher standard of living or higher wages than China. Then I don't see reason why vietnamese migrant worker running so hard across the Chinese border everyday trying hard to make a living. :enjoy:
Bro, it is like a beggar claiming some multi-billionaire is not as rich as Bill Gates yet, but he does not know he is a beggar...
 
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Wrong comparison. vn should first match the economic or technological capability of one province (the poorest one), or one city of ours. Don't be fooled by those from the jungle. this shxt company is doomed, zero tech, zero market, zero reputation, and now lose billions, soon it will go bankrupt and left those from the jungle nothing to even brag...
save your comments until after Vinfest goes bankrupt. you are sounding like our Indian friends with your future predictions.

and for your information, Vinfest is well capitalized and won't go bankrupt any time "soon".
 
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Vinfast is a very brave business plan, I believe the owner of the group is a very nationalist person
He is a businessman. He has the support of the government. I don’t think he is nationalistic.
Nationalism is not good in doing business. You have to sell the products you make. If nobody buys the nationalism is worthless.

VF plans a $6b investment in EV business. That’s a risky bet. Nationalistic tone can’t lure foreign customers.

https://www.bloomberg.com/news/vide...ans-up-to-6b-investment-in-u-s-ev-plant-video
 
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The Vietnam who themselves are even cheaper than China
Oh I am sure there are rich people in China, but hundreds of millions of Chinese are earning poor slave wages. You have way more poor people and way less vacancy than we do in Vietnam. That applies to everything in your country. Too much demand, not enough supply. Tesla builds a car factory in Shanghai doesn't change that fact. You can make up for the sloppy parts of GDP by empty and ugly concrete jungles, but you can't hide it. And now companies are moving out of China because the rich one inflated your GDP figure, all these poor people are left with earning nothing. I think you should even be worried about Vietnamese people coming and eating up jobs from the Chinese.
 
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@Beast , this is today news:

Detecting 9 Chinese people illegally entering Vietnam

Unemployed people from Hubei, Hunan, Guangxi, Chongqing and Sichuan illegally entered Vietnam to find jobs in Cambodia. If China is so rich, why do they have to go? Come on, look at these people, do they look rich?

1_1.jpg
 
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Oh I am sure there are rich people in China, but hundreds of millions of Chinese are earning poor slave wages. You have way more poor people and way less vacancy than we do in Vietnam. That applies to everything in your country. Too much demand, not enough supply. Tesla builds a car factory in Shanghai doesn't change that fact. You can make up for the sloppy parts of GDP by empty and ugly concrete jungles, but you can't hide it. And now companies are moving out of China because the rich one inflated your GDP figure, all these poor people are left with earning nothing. I think you should even be worried about Vietnamese people coming and eating up jobs from the Chinese.
What drug do you smoke? You jungle beggars earning 2 cents a hour on average and call others 'slave wages'...Such a hilarious jungle creature...LMAO...
1646124115682.png

Besides 90 million slave labors from the vn jungle dream to come here, beautiful vn girls love to come here too:
Haha...

@Beast , this is today news:

Detecting 9 Chinese people illegally entering Vietnam

Unemployed people from Hubei, Hunan, Guangxi, Chongqing and Sichuan illegally entered Vietnam to find jobs in Cambodia. If China is so rich, why do they have to go? Come on, look at these people, do they look rich?

View attachment 819740
As I have told you, they went to the jungle vn to smuggle women out in the name of 'find work'. Get a vn visa is as easy as get piece of toilet paper. LMAO...
 
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Vietnam can never compare with China when it comes to exports. It should just focus on reducing massive poverty and reduce slums in its country. Right now old white fat asses go to Vietnam to find pretty brides and Vietnamese men have to turn gay because all their prettiest girls already run off with rich chinese/whites
 
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@Beast , this is today news:

Detecting 9 Chinese people illegally entering Vietnam

Unemployed people from Hubei, Hunan, Guangxi, Chongqing and Sichuan illegally entered Vietnam to find jobs in Cambodia. If China is so rich, why do they have to go? Come on, look at these people, do they look rich?

View attachment 819740
LOL.. What is your purpose of this post? The first on the left confirmed is a rich kid, more like flout the Chinese law and trying to escape into Vietnam. You think just by this stupid post, it can prove anything or prove Vietnam is richer than China?

There are also American poorly dress illegal enter other third countries so by logic US is a poor third world country poorer than VIetnam? :rofl:

Oh I am sure there are rich people in China, but hundreds of millions of Chinese are earning poor slave wages. You have way more poor people and way less vacancy than we do in Vietnam. That applies to everything in your country. Too much demand, not enough supply. Tesla builds a car factory in Shanghai doesn't change that fact. You can make up for the sloppy parts of GDP by empty and ugly concrete jungles, but you can't hide it. And now companies are moving out of China because the rich one inflated your GDP figure, all these poor people are left with earning nothing. I think you should even be worried about Vietnamese people coming and eating up jobs from the Chinese.
You are a frog living in the old age well for too long. I can bet you even think Vietnam now is still colonized by French. :lol:
 
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Yeah, despite all that, Vietnam will always choose Vinfast and look down on cheaply built, unreliable Chinese cars. It's just fact bois. Throwing everything at me and it will not change the reputation of chinese's in our country. You know I speak the truth that's why you are angry.
 
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Chinese smuggling to Vietnam at record high​

  1. ^ https://www.163.com/dy/article/GD20IUCF0534MHMX.html
  2. ^ https://www.163.com/dy/article/GCQ407A00534MHMX.html
  3. ^ https://new.qq.com/omn/20210609/20210609A01FE200.html
  4. ^ https://www.163.com/dy/article/GA92H9HA0534MHMX.html
  5. ^ https://www.163.com/dy/article/G8R2FJC80534MHMX.html
  6. ^ https://www.sohu.com/a/463258476_100093606
  7. ^ https://www.163.com/dy/article/G8E03DIR0534MHMX.html
  8. ^ https://www.163.com/dy/article/G8E03DIR0534MHMX.html
  9. ^ https://www.163.com/dy/article/G7FCDC6V05368EB8.html
  10. ^ https://baijiahao.baidu.com/s?id=1697009157290593159&wfr=spider&for=pc
  11. ^ https://new.qq.com/omn/20210321/20210321A03PAR00.html
  12. ^ https://new.qq.com/omn/20210321/20210321A03PAR00.html
  13. ^ http://www.yidianzixun.com/article/0TRLbnu2?COLLCC=2670254408&s=op398&appid=s3rd_op398
  14. ^ https://www.163.com/dy/article/G4NJHVLP05368EB8.html
  15. ^ https://xw.qq.com/partner/vivoscreen/20210305A04EOM/20210305A04EOM00?cate_id=11&vivoRcdMark=1
  16. ^ https://xw.qq.com/partner/sxs/20210227A0C0WB/20210227A0C0WB00?ADTAG=sxs&pgv_ref=sxs
  17. ^ https://www.sohu.com/a/455201079_120043455
  18. ^ https://baijiahao.baidu.com/s?id=1687947158103685083&wfr=spider&for=pc
  19. ^ https://www.163.com/dy/article/FVBJL45A05368EB8.html
  20. ^ https://baijiahao.baidu.com/s?id=1687400877234628256&wfr=spider&for=pc
  21. ^ https://xw.qq.com/cmsid/20201030A0J23A00
  22. ^ https://weibo.com/ttarticle/p/show?id=2309404538171416510570
  23. ^ https://www.163.com/dy/article/FJRD1PBH0517NUO1.html
  24. ^ https://new.qq.com/omn/20200722/20200722A020PS00.html
  25. ^ https://www.163.com/dy/article/FGHJ6MVD05368EB8.html
 
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Chinese smuggling to Vietnam at record high​

  1. ^ https://www.163.com/dy/article/GD20IUCF0534MHMX.html
  2. ^ https://www.163.com/dy/article/GCQ407A00534MHMX.html
  3. ^ https://new.qq.com/omn/20210609/20210609A01FE200.html
  4. ^ https://www.163.com/dy/article/GA92H9HA0534MHMX.html
  5. ^ https://www.163.com/dy/article/G8R2FJC80534MHMX.html
  6. ^ https://www.sohu.com/a/463258476_100093606
  7. ^ https://www.163.com/dy/article/G8E03DIR0534MHMX.html
  8. ^ https://www.163.com/dy/article/G8E03DIR0534MHMX.html
  9. ^ https://www.163.com/dy/article/G7FCDC6V05368EB8.html
  10. ^ https://baijiahao.baidu.com/s?id=1697009157290593159&wfr=spider&for=pc
  11. ^ https://new.qq.com/omn/20210321/20210321A03PAR00.html
  12. ^ https://new.qq.com/omn/20210321/20210321A03PAR00.html
  13. ^ http://www.yidianzixun.com/article/0TRLbnu2?COLLCC=2670254408&s=op398&appid=s3rd_op398
  14. ^ https://www.163.com/dy/article/G4NJHVLP05368EB8.html
  15. ^ https://xw.qq.com/partner/vivoscreen/20210305A04EOM/20210305A04EOM00?cate_id=11&vivoRcdMark=1
  16. ^ https://xw.qq.com/partner/sxs/20210227A0C0WB/20210227A0C0WB00?ADTAG=sxs&pgv_ref=sxs
  17. ^ https://www.sohu.com/a/455201079_120043455
  18. ^ https://baijiahao.baidu.com/s?id=1687947158103685083&wfr=spider&for=pc
  19. ^ https://www.163.com/dy/article/FVBJL45A05368EB8.html
  20. ^ https://baijiahao.baidu.com/s?id=1687400877234628256&wfr=spider&for=pc
  21. ^ https://xw.qq.com/cmsid/20201030A0J23A00
  22. ^ https://weibo.com/ttarticle/p/show?id=2309404538171416510570
  23. ^ https://www.163.com/dy/article/FJRD1PBH0517NUO1.html
  24. ^ https://new.qq.com/omn/20200722/20200722A020PS00.html
  25. ^ https://www.163.com/dy/article/FGHJ6MVD05368EB8.html
Which means vn women smuggled record high...Haha...
Yeah, despite all that, Vietnam will always choose Vinfast and look down on cheaply built, unreliable Chinese cars. It's just fact bois. Throwing everything at me and it will not change the reputation of chinese's in our country. You know I speak the truth that's why you are angry.
Chinese cars are among top 10 in your master's land Austrailia now...So who cares you tiny shxt beggar land vn where 99% of the population have never ride a private car in their life time and what car they want to choose...LMAO...you opinion is good for 50cc bikes, though... :rofl::rofl::rofl:
:rofl::rofl::rofl:
 
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Soft-Warning
Bro @Kai Liu are you ok? You are not even talking in comprehensible sentences.:cheesy:
Sure, low IQ jungle creatures don't understand human language...lol...
Back to the topic, Chinese cars rank 4th in your master's land Australia now:
Soon BYD will join the list too.
For the jungle vn, better to make more bras, underwear, and socks for your masters to wrap their stink feet...Haha....
 
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Sure, low IQ jungle creatures don't understand human language...lol...
Back to the topic, Chinese cars rank 4th in your master's land Australia now.
Soon BYD will join the list too...
For the jungle vn, better to make more bras, underwear, and socks for your masters to grab their stink feet...Haha....
These overseas leftover south vietnam regime vietnamese need to stay in another western countries leeching their welfare system in order to boast their ego and then claim in their delusion, Vietnamese surpass China in living standard and technology. Pathetic! :lol:
 
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@Beast china already ran out of women, what are you even talking about? :cheesy:It's happening in china, smart ***. If I want, I can go to china and buy a girl right now, I bet a lot of women in china are desperate to just get out of China and relocate to Western countries.

What are you going to do about it, beat off and cry in a corner:lol:? You all can't find any girlfriend at all and all you can do is yapping in a thread about Vietnamese cars. F*cking losers:lol:
@LeGenD @waz

Please help to clear of this trouble maker who flout forum rules. Thank you.
 
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