Guam auto dealer signs distributorship deal in Vietnam

A Guam dealership will bring Vietnamese electric vehicles to Micronesia.

Guam AutoSpot and VinFast Auto officially signed a cooperation agreement which will allow Guam AutoSpot to distribute VinFast electric vehicles in Micronesia.

Through the agreement, Guam AutoSpot will be VinFast’s official distributor throughout Micronesia, encompassing Guam and the rest of the Micronesian island groups. Guam AutoSpot is expected to begin importing VinFast electric vehicles, including car models VF 7, VF 8, VF 9, DrgnFly electric bicycles, and vehicle components, for distribution starting in May.

According to the release, VinFast will expand its operations to at least 50 countries around the world in 2024. In addition to key markets such as the U.S., Canada, and Europe, “VinFast is aggressively expanding into neighboring countries in the Asian region such as India, Indonesia, Thailand, and the Philippines, as well as the Middle East and Africa. On top of its Vietnamese operations, VinFast is also accelerating the construction of electric vehicle manufacturing plants in the US, India, and will build a plant in Indonesia,” the release said.

Guam AutoSpot was founded in 2008. VinFast was established in 2017. mbj

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Guam auto dealer signs distributorship deal in Vietnam