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This year’s ranking honors 500 outstanding companies that are elevating the Asia-Pacific region’s role on the global economic map under the title ASIA-PACIFIC’S BEST COMPANIES OF 2026. Vingroup achieved a total score of 89.68, ranking 57th. Vinhomes ranked 352nd with a score of 80.69.

The results are based on a rigorous and transparent evaluation process conducted by TIME in collaboration with Statista. The assessment draws on comprehensive data collection and in-depth analysis across three key criteria: Financial Performance, Sustainability Transparency (ESG), and Employee Satisfaction.

Under the Financial Performance criterion, Vingroup received high recognition from TIME, recording consolidated net revenue of VND 332.77 trillion in 2025, up 76% year-on-year, the highest in the Group’s history. This exceptional performance was driven by the simultaneous launch of large-scale real estate mega-projects nationwide, alongside strong breakthroughs in its technology and industrial segments.

Vinhomes reported consolidated net revenue of VND 154.102 trillion in 2025. Its total consolidated net revenue (adjusted) reached VND 183.923 trillion, while consolidated profit after tax amounted to VND 42.111 trillion, representing year-on-year increases of 30% and 20%, respectively, compared to 2024. These figures not only exceeded business targets but also set new records, securing Vinhomes’ place among the region’s most prestigious Top 500 companies.

Under Sustainability Transparency (ESG), Vingroup continued to demonstrate meaningful contributions across environmental, governance, and social dimensions. ESG principles are integrated across all of the Group’s operations, from advancing green industrial development and building a comprehensive electric vehicle ecosystem centered on VinFast, to developing Vinhomes’ large-scale urban projects based on sustainable planning standards from inception.

A standout example is Vinhomes’ mega-project, Vinhomes Green Paradise, located in Can Gio. The project aims to achieve international certifications including BREEAM Communities and ISO 37122. Beyond merely adhering to global standards, Vinhomes Green Paradise pioneers an upgraded ESG++ urban model built upon five pillars: Environment – Social – Governance – Regeneration – Climate Change Adaptation. This ESG++ framework is set to become the benchmark for all future Vinhomes developments.

With a forward-looking vision, Vinhomes Green Paradise has also become the first Official Participant in the “7 Wonders of Future Cities” campaign initiated by New7Wonders, affirming its global aspiration in shaping a model city of the future.

Under the Employee Satisfaction criterion, Vingroup ranked 55th globally, while Vinhomes placed 335th, reflecting a dynamic working environment that fosters creativity, dedication, and continuous personal development.

In Vietnam, Vingroup and Vinhomes have consistently led national rankings of “Best Workplaces” announced by independent organizations, reinforcing their human capital strategy as a core foundation for sustainable, long-term growth.

This marks the third consecutive year that Vingroup and its subsidiaries have been honored by TIME in prestigious global rankings. Previously, VinFast was named among the world’s Most Influential Companies 2024 and included in ASIA-PACIFIC’S BEST COMPANIES OF 2025. Also in 2025, Vingroup became the first and only Vietnamese company to be honored among the World’s Best Companies 2025.

The continued recognition of Vingroup and its ecosystem companies by TIME underscores the rising strength and expanding global influence of Vietnamese enterprises.

TIME, headquartered in New York, USA, is one of the world’s most respected publications, with a history spanning 103 years and a broad international presence. Its annual rankings are widely regarded for their objectivity, rigorous evaluation methodology, and comprehensive criteria, earning strong credibility within the global business community.

Hashtag: #Vingroup #Vinhomes

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Calculations are based on realistic European usage profiles with overnight charging at industrial electricity prices of around 19 cents per kilowatt hour. In regions with lower electricity costs, the advantage is correspondingly higher.

Cost-effectiveness without megawatt charging infrastructure

A key lever of the REEV architecture is the reduced battery size compared to purely battery-electric long-haul trucks. While typical BEV trucks require battery capacities of around 560 kWh, a REEV truck can manage with around 280 kWh. Even with slower AC charging at 22 kW, around 240 kWh can be recharged overnight – enough to power the vehicle almost entirely electrically for the next day. Thus, a megawatt charging infrastructure is not necessary for economical operation.

Significant TCO advantage in the cost-critical commercial vehicle market

The economic advantage of the range extender architecture results from several factors. The smaller battery of a REEV truck reduces vehicle costs and weight while increasing payload. Also, the high proportion of electric driving enables low energy costs, especially when charging at depots at night at industrial electricity prices.

Due to their low dependence on public high-performance charging infrastructure, REEV trucks can be seamlessly integrated into existing depot structures.

Hashtag: #FEV

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Under the MOU, the two parties will discuss and coordinate to develop a plan to supply the first batch of VinFast electric vehicles for Exposure to operate electric taxi services in Kinshasa. This batch is expected to include the commercial-oriented Limo Green and Herio Green models, regarded as an initial foundation for an all-electric taxi model, contributing to the formation of zero-emission transport habits in urban passenger transportation in Congo.

At the same time, Exposure has expressed its intention to become a distributor of VinFast vehicles in the Congolese market and will jointly study a business plan suited to local conditions. Both parties commit to continued cooperation in good faith, laying the groundwork for deeper collaboration in the future.

The MOU between VinFast and Exposure SARL initiates the implementation of the strategic cooperation framework established by Vingroup and the City of Kinshasa in 2025. At that time, the parties agreed to study and promote the procurement and deployment of VinFast’s electric mobility solutions, including electric buses, cars, and scooters, to serve the city’s and residents’ transportation needs.

Earlier, the Kinshasa municipal authorities and Vingroup also signed an MOU to study and develop a riverside mega urban project covering approximately 6,300 hectares. Featuring housing, villas, hospitals, schools, shopping centers, hotels, and entertainment facilities, the project is expected to become a new tourism destination and a symbol of Kinshasa’s future development.

The partnerships align with the Democratic Republic of the Congo’s long-term vision for sustainable urban development and green transition, particularly in rapidly urbanizing cities such as Kinshasa, where demand for clean, smart and efficient mobility is rising. Building on the country’s renewable energy potential and commitment to low-emission growth, the initiative supports Kinshasa’s ambition to develop an integrated green infrastructure and electric mobility ecosystem.

Ms. Duong Thi Thu Trang, Deputy CEO of Global Sales, VinFast, stated: “The cooperation with Exposure SARL reflects VinFast’s confidence in the potential for green transportation in Africa and reaffirms our commitment to delivering modern, accessible green mobility solutions tailored to each market. We believe that VinFast’s electric vehicle products, proven across multiple markets, combined with Exposure’s local expertise, will help accelerate the transition to green transportation in Congo.”

Mr. Fely Samuna Lukwaka, Chief Executive Officer of Exposure SARL, said: “We are very pleased to cooperate with VinFast toward a low emission mobility future for the Democratic Republic of the Congo in general and the capital Kinshasa in particular. With a population of more than 120 million and a strategic location bordering nine countries, forming a regional market of over 200 million people, the Democratic Republic of the Congo has strong potential to become a gateway for electric vehicle development in Central Africa. We have full confidence in VinFast’s technological capabilities and product ecosystem, and we expect this cooperation to establish a foundation for the next stages of development of the electric vehicle market not only in the DRC but across the wider region.”

VinFast is a pure-play electric vehicle automaker under Vingroup, Vietnam’s largest private conglomerate, with a vision to drive the movement of the global smart electric vehicle revolution. Over the past years, the EV maker has expanded strongly into new and promising markets such as India, the Philippines, Indonesia, and the Middle East, while continuing to strengthen its presence in key markets in Europe and North America. Strategic moves in 2025 are expected to provide strong momentum and a solid launchpad for further breakthroughs in 2026.

Hashtag: #VinFast

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About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.

Learn more at https://vinfastauto.com/vn_en

Accordingly, VinFast has signed strategic MoUs with its first partners in Indonesia, including K3, Citra Abadi Sedaya, PT Bevos Auto Mandiri, PT Sapta Jaya, MotorArt, PT Sinergies Dua Kawan, and PT HINU. These partners have long-standing experience in the distribution of automobiles and motorcycles, strong professional operational capabilities, deep market understanding, and the ability to rapidly deploy operations in line with VinFast’s standards.

VinFast will begin rolling out its distribution network in the Jabodetabek area — Indonesia’s largest economic and urban center — from the second quarter of 2026, with plans to expand to other regions nationwide.

In Indonesia, VinFast plans to introduce a portfolio of battery-swapping e-scooters, including VinFast Evo, VinFast Feliz II, VinFast Flazz and VinFast Viper, alongside additional new models to be launched in due course. The product lineup has been carefully engineered and calibrated to suit Indonesia’s tropical climate, dense urban traffic conditions, and everyday commuting patterns.

Throughout 2026, VinFast aims to further expand its footprint to hundreds of authorized dealerships and service workshops nationwide. The Company’s development strategy in Indonesia is designed as an integrated ecosystem, combining retail and after-sales networks, financing solutions, charging and battery-swapping infrastructure through cooperation with V-Green, and partnerships with leading financial institutions.

Prior to this announcement, VinFast had unveiled its strategy to internationalize its electric two-wheeler business and signed agreements with dealers in the Philippines. According to its roadmap, the Company will accelerate expansion across five priority markets in 2026, namely the Philippines, Indonesia, India, Thailand, and Malaysia. These countries represent high-growth economies with substantial urban mobility demand and a clear transition toward sustainable transportation solutions.

Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, stated: “Indonesia is a strategic market in VinFast’s global e-scooter expansion journey. Partnering with leading local dealers underscores our partners’ confidence in VinFast’s product quality, service standards, flexible battery-swapping model, and long-term vision. We are committed to accompanying Indonesian consumers on their transition toward a greener, smarter, and more sustainable future of mobility.”

Indonesia stands among the world’s largest motorcycle markets, characterized by rapid urbanization, high population density in major cities, and increasing policy and consumer momentum toward environmentally friendly transportation. These structural factors create substantial headroom for the growth of the e-scooter segment. Indonesian dealers have expressed strong confidence in VinFast’s long-term potential in the country, citing its comprehensive green mobility ecosystem, large-scale manufacturing capabilities, and proven ability to execute swiftly across multiple international markets.

After two years of presence in Indonesia, VinFast has introduced a broad range of electric vehicles, from electric SUVs to models optimized for transportation services, and has commenced operations at its Subang facility. Concurrently, the Company has expanded its integrated ecosystem, including dealership and after-sales networks, charging infrastructure in collaboration with V-Green, and partnerships with leading banks and financial institutions. Through pioneering and customer-centric policies, VinFast continues to lower barriers to EV adoption and enable Indonesian consumers to participate in the global green mobility revolution.

Hashtag: #VinFast

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Changan is accelerating the advancement of sodium-ion battery technology as part of its global battery strategy. Tan Benhong, Chief Brand Officer of China Changan Automobile Group, noted that Changan will continue to roll out new sodium-ion battery–equipped vehicles across multiple brands in the near future.

“From extreme conditions to everyday driving — every pursuit of limits at Changan ultimately serves to protect each of our users’ everyday journeys.” stated Mr. Tan.

Under extreme low temperatures, sodium-ion battery systems demonstrated stable discharge capability, with validation extending beyond minus 40 degrees Celsius. To verify intrinsic safety, Changan and CATL conducted extreme abuse tests exceeding national standards, including compression, nail penetration, drilling, and full cutting under full charge, all without fire, explosion, smoke, or thermal runaway.

SDA Intelligence: Validation in Extreme Conditions

The launch also showcased SDA Intelligence, which moves beyond passive safety into proactive, AI-driven vehicle stabilization. During live extreme-cold testing in Yakeshi, vehicles from AVATR and Changan brands—including the CS Series, CHANGAN DEEPAL, and CHANGAN NEVO—were subjected to real-world scenarios under severe low-temperature conditions.

The AVATR 12 completed an ice-surface emergency lane-change following a tire blowout at 80 km/h. CHANGAN NEVO Q05 identified obstacles on low-friction ice during an Adaptive Cruise Control (ACC) challenge and achieved a controlled emergency halt. CHANGAN DEEPAL L06 demonstrated rapid posture adjustments during a high-speed circular drift challenge on snow.

User-facing safety at Changan is built on a validation-first approach supported by a robust verification system and globally advanced laboratory infrastructure, including the Western Automotive Proving Ground and the CHANGAN SDA Lab, enabling comprehensive, all-scenario validation across the full vehicle lifecycle.

Yakeshi is only the starting point. The 2026 Global Testing Season will include Southeast Asia for high-humidity durability and the European Alps for high-altitude chassis tuning. In Eurasia, Changan will conduct winter testing centered on confidence in ice and snow, with AVATR 12 as the test vehicle. In Latin America, Changan will carry out a Mexico cross-country drive from Cancun to Merida, focusing on long-distance reliability.

Hashtag: #Changan

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India has set out a strategic roadmap to accelerate domestic capabilities in robotics and physical artificial intelligence, signalling a push to reduce dependence on imported hardware and proprietary software while positioning the country as a competitive global supplier of intelligent machines. The plan, prepared by the Technology Advisory Group for Emerging Technologies, places indigenisation, software sovereignty and sector-focused deployment at the centre of the national approach, with healthcare, manufacturing, logistics, agriculture and media production identified as priority domains.

The roadmap comes as governments worldwide race to translate advances in artificial intelligence into physical systems that can operate autonomously in real-world environments. While software-led AI has seen rapid adoption, policymakers argue that long-term economic and strategic gains will hinge on control over robotics hardware, operating systems and embedded intelligence. India’s proposal reflects concerns that reliance on imported robots and closed platforms could expose critical sectors to supply-chain risks and limit domestic innovation.

At its core, the strategy seeks to build a full-stack robotics ecosystem, spanning sensors, actuators, edge computing, operating software, cloud integration and safety certification. Officials involved in drafting the document have stressed that the objective is not isolation but resilience, with domestic alternatives developed alongside international collaboration. The roadmap calls for common standards and open architectures to prevent vendor lock-in and to allow startups and research institutions to build interoperable systems.

Healthcare has emerged as an early focus area, driven by workforce shortages and rising demand for precision care. The roadmap highlights surgical assistance, rehabilitation devices, hospital logistics robots and elder-care support systems as near-term opportunities. Policymakers note that such applications demand high reliability and ethical safeguards, reinforcing the need for locally controlled software stacks and transparent algorithms. Parallel efforts are proposed to strengthen clinical validation pathways and align regulatory approvals with global benchmarks.

Manufacturing and logistics form another pillar, with the document pointing to collaborative robots, autonomous guided vehicles and smart warehousing as tools to raise productivity and improve workplace safety. India’s manufacturing sector, dominated by small and medium-sized enterprises, has historically lagged in robot adoption due to cost and skills barriers. The roadmap recommends targeted incentives, shared testing facilities and modular designs to lower entry thresholds, alongside large-scale skilling programmes to train technicians, operators and system integrators.

Agriculture features prominently, reflecting policy priorities around food security and rural incomes. The plan outlines the use of robotics for precision spraying, harvesting, soil analysis and post-harvest handling. Developers are encouraged to design systems suited to fragmented landholdings and diverse crops, rather than importing models built for large, mechanised farms elsewhere. Officials argue that domestically developed agricultural robots could also find markets across Asia and Africa, where similar conditions prevail.

An unusual inclusion is the media and creative sector, where robotics and physical AI are seen as enablers of immersive production, automated camera systems and smart broadcasting infrastructure. The roadmap suggests that integrating robotics with virtual production and generative tools could lower costs for newsrooms and studios while enhancing safety in hazardous reporting environments.

Beyond sectoral applications, the strategy places strong emphasis on software sovereignty. It calls for homegrown robotics operating systems, simulation platforms and AI frameworks that can be audited and customised. While global open-source projects are acknowledged as valuable foundations, the document urges sustained public funding to ensure domestic stewardship and long-term maintenance. Data governance and cybersecurity are flagged as critical, particularly for robots deployed in sensitive locations.

Financing and procurement reforms form another strand. The roadmap proposes dedicated funding windows for deep-tech robotics ventures, longer grant cycles to reflect extended development timelines and clearer pathways from research labs to commercial deployment. Public procurement is positioned as a market-shaping tool, with government agencies encouraged to pilot domestically developed robots in hospitals, warehouses and public infrastructure.

The roadmap also addresses ethical and social dimensions, including job displacement concerns and safety standards. Rather than framing robotics as a threat to employment, the document argues that productivity gains can create new roles in design, maintenance and supervision, provided reskilling keeps pace. It recommends national guidelines for human–robot interaction, liability frameworks and continuous monitoring of societal impact.

Daimler Buses and FEV jointly carried out the complete system transformation from diesel drive to fuel cell electric vehicle. After creating the overall vehicle concept, FEV took over the mechanical and E/E integration. One distinguishing feature is that the individual components deployed – including fuel cells, high-voltage components (such as batteries and electric motors), H₂ tank assemblies, control units including software – originate from different technology platforms from Daimler Buses and Daimler Truck. FEV integrated the systems into a functional powertrain in the overall vehicle.

An important factor in the development process was safety. Measures were developed for various crash load cases as well as for functional, high-voltage, and hydrogen safety.

“The ‘H₂ Coach’ impressively demonstrates how complex subsystems can be integrated into a testable, safe complete vehicle when vehicle, powertrain, and E/E expertise come from a single source,” said Klaus Wolff, Vice President Project Management at FEV. “With our one-stop-shop approach, we quickly and efficiently delivered the desired customized solution to our customer – from concept to approval.”

After successful approval by German technical inspection authority TÜV and passing electromagnetic compatibility tests, FEV handed over the vehicle to Daimler Buses in the summer of 2025 after approximately two years of joint project work.

Hashtag: #FEV

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