VinFast Secures Spot in TIME’s Asia-Pacific Best Companies of 2025

13.03.2025 11:44

Quick Overview:

VinFast ranks 101st on TIME’s “Asia-Pacific’s Best Companies of 2025” list.
The company excelled in sustainability transparency and employee satisfaction.
VinFast is expanding its EV presence in Indonesia, India, and other Asian markets.

VinFast has earned a place on TIME’s “Asia-Pacific’s Best Companies of 2025” list, ranking 101st. This recognition highlights the Vietnamese automaker’s growing influence in sustainable development and the global electric vehicle (EV) market. It also marks the second consecutive year VinFast has been featured on a prestigious TIME list.

How VinFast Earned Its Spot

The ranking, created by TIME in partnership with Statista, evaluated companies based on revenue growth, employee satisfaction, and sustainability practices. VinFast scored 89.01 overall, excelling in sustainability transparency. The company’s commitment to reducing carbon emissions and contributing to the global green revolution set it apart from several established automotive brands.

VinFast also scored highly on employee satisfaction, securing the 100th position in this category. This reflects a positive workplace culture and the company’s focus on sustainable economic growth in the Asia-Pacific region.

Expansion and Market Reach

Over the past year, VinFast has aggressively expanded beyond Vietnam. It entered new markets in the Middle East and India while starting sales and deliveries of its electric SUVs in Indonesia and the Philippines. The company backs these efforts with competitive pricing, after-sales support, and a growing dealer network.

VinFast is also strengthening its production capabilities. New manufacturing facilities in Indonesia and India are expected to boost local EV industries and create job opportunities. Through partnerships with entities like GSM and V-GREEN, VinFast is working to build a comprehensive green transportation ecosystem in Asia.

Competing in the EV Landscape

VinFast’s recognition comes as competition in the electric vehicle market intensifies. Established brands like BYD, Hyundai, and Tesla already hold a strong foothold in Asia’s EV sector. However, VinFast’s rapid expansion and focus on sustainability position it as a serious contender.

The company’s electric SUV lineup competes directly with models like the BYD Atto 3, Hyundai Kona Electric, and MG ZS EV. By offering aggressive pricing and localized production, VinFast aims to capture a larger share of the growing Asian EV market.

Final Thoughts

VinFast’s inclusion in TIME’s “Asia-Pacific’s Best Companies of 2025” underscores its rapid growth and dedication to sustainable practices. With a focus on innovation and regional expansion, the company is shaping the future of electric mobility. As it continues to build its presence across Asia, VinFast is emerging as a key player in the global transition to green transportation.