Vietnam’s VinFast signs a distributor sales agreement with the first retailer in the Middle East

a Vietnamese car manufacturer VinFast Auto has officially signed the seller’s sales contract with Bahwan Automobiles Trading LLC (BAT) for the distribution of electric vehicles in the Omani market.

This event not only marks VinFast’s first operation in the Middle East region but also an important step in VinFast’s international expansion, VinFast said in a statement on Wednesday.

Under the terms of the agreement, BAT will be VinFast’s official distributor in Oman.

From 2024 to 2027, BAT plans to establish and operate 13 VinFast stores and service centers.

The inaugural store is expected to open in mid-2024, and vehicle sales will begin shortly thereafter.

Additionally, VinFast will partner with BAT to sell four e-sports utility vehicles (SUVs): VF 6, VF 7, VF 8, and VF 9 upon market launch.

Previously, within the framework of the United Nations Conference on Climate Change 2023 (COP 28) held in the United Arab Emirates, VinFast and BAT signed an Agreement
Collaborative Understanding.

Through this partnership with its first dealer in Oman, VinFast is actively contributing to the implementation of green mobility solutions within the Middle East region, while confirming the commitment of the Vietnamese electric vehicle manufacturer to make electric vehicles more accessible to everyone. .

“Oman presents a promising market for electric vehicles, as consumers in the nation show a growing interest in sustainable and environmentally friendly solutions,

“We are confident that this dealer sales agreement with BAT, a well-known and well-known dealer in Oman, will enable VinFast to quickly establish a presence in the market and provide customers in the country with a diverse and high-quality selection of electric vehicles available,” he said. Ta Xuan Hien, Chief Executive Officer of VinFast Middle East.

Abdullah Ahmed Suhail Bahwan, CEO of Bahwan Automobiles Trading, said they are happy to be the first Middle East dealer of VinFast, the first electric company.
an automobile manufacturer in Vietnam known for its strategic vision and innovative products.

“We strongly believe that this dealer sales agreement will bring attractive electric vehicle models to the Omani market, contribute to the development of the electric vehicle industry in Oman and improve the electric mobility experience for our customers,” he added.

According to the statement, the electric vehicle market in Oman is expected to experience significant growth in the coming years.

The Omani government has implemented many initiatives to encourage the use of electric vehicles, aiming to combat climate change, reduce carbon emissions, and reduce the use of fossil fuels.

VinFast – a member of Vingroup – is looking to drive the development of the global revolution in smart electric vehicles.

Founded in 2017, the company owns a state-of-the-art global automotive manufacturing facility that boasts up to 90 percent automation.
He is in Hai Phong, Vietnam.

BAT is an affiliate of Bahwan International Group, which has more than 45 partner companies and more than 2000 employees, with a presence in the Sultanate of
Oman, Gulf Region, North Africa, and South Asia.

This group of companies represents a portfolio of more than 40 international brands, with a wide range of businesses including automotive, healthcare, agriculture, renewable energy, airport solutions, logistics solutions, earthmoving equipment , construction equipment, industrial equipment, debt collection services, advanced security solutions, surveillance equipment, elevators and parking
solution.

VinFast Inks plans to supply 600 electric vehicles to three Indonesian business customers