Hanoi, March 10, 2025 – VinFast has been recognized by TIME Magazine, ranking 101st on
the “ASIA-PACIFIC’S BEST COMPANIES OF 2025” list. This accolade places VinFast
among the firms “shaping the region’s role in global business”, underscoring its increasing
impact to the Asia-Pacific’s sustainable economic and social development.
TIME editors note that while much of the world was mired in geopolitical uncertainty during
2024, businesses across the Asia-Pacific enjoyed an upbeat year. VinFast, which ranks 101st,
outperformed numerous established automotive brands and stands as the sole Vietnamese
company in the top 200.
TIME, a globally influential magazine headquartered in New York City, boasts a 101-year
legacy. With a presence spanning five continents, TIME is renowned for shaping public
discourse through its insightful analysis of political, economic, cultural, and scientific
developments. Notably, TIME’s curated lists are consistently recognized for their authority and
prestige.
In collaboration with Statista, TIME established this ranking by meticulously collecting
information and evaluating candidates based on three key criteria: revenue growth, employee
satisfaction surveys, and rigorous environmental, social, and corporate governance (ESG, or
sustainability) data.
VinFast received a total score of 89.01 in the evaluation. The Company showed consistent
revenue growth and performed well in the “Sustainability transparency” category, exceeding the
performance of several established companies in areas of societal contributions and carbon
emission reductions, as well as its involvement in the global green revolution.
In addition, the Company’s 100th position in the employee satisfaction criterion reflects a
positive and cohesive workplace. This suggests VinFast’s involvement in the sustainable
economic and social development of the Asia-Pacific region.
This marks VinFast’s second consecutive year on TIME’s lists. Last year, the Company was
recognized among the top 100 most influential companies worldwide (TIME100 Most Influential
Companies 2024).
Mr. Pham Sanh Chau, CEO of VinFast Asia, shared: “Being recognized on the ASIA-
PACIFIC’S BEST COMPANIES OF 2025 list validates our dedication to spearheading the global
green transportation revolution. We are strategically expanding our footprint in vital Asian
markets, delivering a forward-thinking ‘For a Green Future’ ecosystem that champions a green
future, while also contributing to revenue growth and creating employment opportunities. We are
proud to contribute to the region’s sustainable development.”
Having established a presence in Vietnam, North America, and Europe, VinFast has since
expanded to new international markets. Over the past year, the Company launched in the Middle
East and India, and began sales and deliveries of its electric SUV product range in Indonesia and
the Philippines, supported by attractive sales and after-sales policies and an expanding dealer
network.
In Asia, VinFast is actively enhancing its production capabilities by establishing EV
manufacturing facilities in Indonesia and India. These initiatives are designed to generate significant employment opportunities and accelerate the growth of the local electric vehicle
industry. To drive the region’s electrification transition, VinFast is forging strategic partnerships
with entities like GSM and V-GREEN, constructing a robust ‘For a Green Future’ transportation
ecosystem.