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Kenanga Futures Launches “Mastering Futures” Campaign to Empower Traders


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 August 2024 – Kenanga Futures Sdn Bhd (“Kenanga Futures“) proudly announces its latest nationwide initiative, “Mastering Futures”. The campaign, running until 15 November 2024, is dedicated to educating and equipping beginner traders with a strong foundation in futures trading, with a particular focus on Chicago Mercantile Exchange (CME) Group products.

Azila Abdul Aziz, Chief Executive Officer / Executive Director & Head of Listed Derivatives at Kenanga Futures
Azila Abdul Aziz, Chief Executive Officer / Executive Director & Head of Listed Derivatives at Kenanga Futures

The “Mastering Futures” campaign is designed to provide the general public with the knowledge and insights on how Futures trading operates. With the ability to hedge against risks, diversification of portfolio, and leverage market opportunities, the campaign offers participants a unique avenue to enhance their financial strategies.

Participants in the campaign stand a chance to win exciting prizes, including TNG e-Wallet credit vouchers worth RM100. Most notably, eligible participants will have the opportunity to trade and earn a spot in a prestigious two-day Trading Masterclass, valued at RM20,000. Led by the industry experts, the Masterclass provides participants with advanced techniques, real-time market analysis, and hands-on trading simulations. This initiative aims to make Futures trading more accessible for retail traders, aligning perfectly with the campaign’s mission of Building a Smart Derivatives Trading Community.

In addition to these rewards, Kenanga Futures is offering new clients the opportunity to open a Futures trading account for just RM10 throughout the campaign period. Successful registrants will also receive access to an exclusive Futures basic e-learning course, equipping them with essential knowledge to accelerate their journey in Derivatives trading.

“The ‘Mastering Futures’ campaign is a unique initiative designed to make futures trading more mainstream and accessible to the general public. For the first time, we are offering comprehensive training that ranges from basic e-learning courses to an in-depth Masterclass – all aimed in educating and equipping newcomers and novice traders with a solid foundation in futures trading and advance them to the next level,” said Azila Abdul Aziz, Chief Executive Officer/Executive Director & Head of Listed Derivatives at Kenanga Futures.

“By injecting e-‘learn and trade’ avenues, we simplify the learning process, aligning with our objective in Building a Smart Derivatives Trading Community. We believe this approach will elevate traders to a more mastery levels, contributing to the growth of the K-Economy and shaping the future landscape of derivatives trading,” Azila concluded.

The campaign welcomes both new and existing Kenanga Futures clients and underscores its dedication to making trading more accessible and fostering a thriving, knowledgeable trading community. Visit www.kenangafutures.com.my/mastering-futures/ to start your journey in futures trading today.

-Terms and conditions apply

Hashtag: #Kenanga

The issuer is solely responsible for the content of this announcement.

Kenanga Futures Sdn Bhd

Kenanga Futures Sdn Bhd is an award-winning Malaysian listed derivatives broker regulated under the Securities Commission Malaysia and Bursa Malaysia Berhad. The company offers clients electronic market access to trade listed products on Bursa Malaysia Derivatives, CME Group and Hong Kong Exchange. Apart from being a direct member of Bursa Malaysia Derivatives Berhad and the clearinghouse, the company is also a registered broker with the U.S. CFTC and was granted exemption relief pursuant to Commission Regulation 30.10 which enables the company to paper directly with entities in the U.S. On the domestic front, the company has an extensive network with 24 branches nationwide licensed to trade listed derivatives.

Clients can access both U.S. and Malaysian listed derivatives on a single trading platform via the company’s trademarked real-time customised online trading solution, KDF TradeActive™. KDF TradeActive™ is available on both desktop and mobile devices, giving clients easy access to real-time market data and flexibility to trade on-the-go.

This Press Release was issued by Kenanga Group’s Marketing, Communications & Sustainability Department.

International Traffic Soars to New Heights at Laos-China Border

The Mohan border gate. (Photo: csa-expo.com)

Mohan Port on China’s border with Laos has reported a significant surge in international passenger traffic this year, according to data released by Chinese authorities. As of 14 August, the port’s border inspection station has processed over 1.66 million passengers from 101 countries and regions, a record for the port in a single year.

Daily traveler numbers have more than doubled from just over 4,000 last year to over 7,300 this year, with the highest daily count nearing 10,000.

International travelers have made up a substantial portion of this increase. Over 676,000 foreign passengers have passed through the port this year, accounting for about 41 percent of the total. This represents a 153.7 percent increase compared to last year. The top three nationalities among these travelers are from Laos, Thailand, and Malaysia.

Complementing this growth, the Laos-China Railway has also seen high figures. From January to May, the railway recorded over 10,000 trains and 8.7 million passengers, marking a 17.5 percent increase from the previous year. This growth supports regional development and cultural exchanges, significantly contributing to the Visit Laos Year 2024 initiative by attracting more Chinese tourists.

Efforts to boost tourism include increasing train frequencies, implementing online ticketing, and enhancing onboard services. As the largest land port on the China-Laos border, Mohan Port remains a crucial hub in the Belt and Road Initiative and a key gateway to the Indochina Peninsula.

Innovenx Unveils Revolutionary Bot Management Solution, IntelliFend, with Minimal False Positives on AWS Marketplace

SINGAPORE – Media OutReach Newswire – 19 August 2024 – Innovenx, a pioneering provider of innovative technology solutions, proudly announces the launch of its advanced bot management product, IntelliFend, on the AWS Marketplace. This launch marks a significant leap forward in the battle against malicious bots, offering unparalleled protection for enterprises worldwide. With IntelliFend, businesses can now enjoy exceptional accuracy in bot detection, significantly minimizing false positives and enhancing user experience.
Powerful Protection with Unique Technology
IntelliFend is distinguished by its AccuBot Detection Engine and unique VisitorTag tracking technology. Leveraging multi-layered analysis of both client-side and server-side signals, it provides precise, real-time bot detection and mitigation. “Our technology sets a new industry standard with its exceptional accuracy and ability to minimize false positives,” said Innovenx’s Chief Technology Officer. “This approach ensures that legitimate users enjoy a seamless experience while effectively neutralizing even the most sophisticated bot threats.”

Meeting the Rising Threat of AI-Generated Bots
In an era where AI-driven threats are increasingly sophisticated, IntelliFend stays ahead with continuous advancements in its detection algorithms. “As AI technology evolves, so do the capabilities of malicious bots. Our platform is designed to stay ahead of these threats, providing businesses with robust and reliable protection,” added the Chief Technology Officer.

Seamless Integration, Flexibility, and Cost-Effectiveness
IntelliFend integrates seamlessly with most public cloud platforms, including AWS, allowing businesses to deploy and maintain bot management solutions with ease. The user-friendly interface and automated updates ensure ongoing protection with minimal maintenance. Additionally, IntelliFend offers flexible pricing models, making top-tier bot management accessible and affordable.

IntelliFend Bot Management is now available on AWS Marketplace. Discover how it can safeguard your AWS assets from bot attacks today!

Hashtag: #botmanagement #AWS #innovenx, #intellifend, #cybersecurity



The issuer is solely responsible for the content of this announcement.

About Innovenx

Innovenx, a pioneering provider of innovative technology solutions company, is dedicated to delivering cutting-edge solutions that redefine cloud architecture and cybersecurity. Renowned for our advanced AI-powered capabilities, our diverse portfolio includes IntelliFend, an exceptionally accurate bot management solution, and MQloud, an intuitive multi-cloud management product. By leveraging deep domain expertise and operational efficiency, Innovenx empowers businesses to thrive in the digital age. Our commitment to excellence and continuous innovation helps our clients and partners achieve outstanding success, positioning Innovenx as a trusted ally for enterprises globally.
Company website: www.innovenx.com
Product websites: www.intellifend.com, www.mqloud.io

Caltex Expands Singapore Network with the Opening of 26th Service Station in Yishun


SINGAPORE – Media OutReach Newswire – 19 August 2024 – Chevron Singapore, which operates the retail brand Caltex, has announced the official opening of a new petrol station located in Yishun, Singapore. The grand opening, which takes place on Saturday, 24 August 2024, marks the addition of the 26th petrol station to Caltex’s network in Singapore and underscores Chevron Singapore’s commitment to providing convenience and quality products to valued customers.

Caltex Singapore - Yishun Station (Credit - Chevron Singapore)
Caltex Singapore – Yishun Station (Credit – Chevron Singapore)

Beyond the usual fuel products and services, the new Caltex station features a StarMart convenience store, which offers a wide range of daily essentials, pastries, beverages, and desserts, alongside value purchases and promotions.

To celebrate the station’s grand opening, Chevron Singapore is partnering with local food charity, Food from the Heart, to host a food donation drive aimed at giving back to the community. From 24 August 2024 until 30 September 2024, Chevron Singapore will match purchases of selected essential items like oil, rice, and breakfast items from the new station’s StarMart and donate them to the beneficiaries of Food from the Heart. In addition, customers can also drop off their food items at a food donation box located within the service station.

“Chevron Singapore is committed to providing quality products and services through our Caltex brand.” said Dean Gilbert, General Manager of International Products, Southeast Asia, Singapore. “The opening of our newest petrol station in Yishun aims to bring convenience and accessibility to essential services and quality fuels, while underscoring our dedication to supporting the community and fostering meaningful connections with residents.”

A celebration with fun-filled activities at the Caltex Yishun grand opening

As part of its grand opening, Chevron Singapore is organising exciting activities and promotions for its customers. From 12pm onwards on 24 August 2024, the first 1,000 customers who visit the new Yishun station will enjoy an exclusive 30% discount on all grades of petrol and diesel.

In addition, the first 200 customers who make a minimum purchase of $20 at Caltex Yishun’s StarMart (can be combined with fuel) will get a chance to participate in the Caltex Boy Wall instant win or try their hand at the claw machine. Lucky winners stand a chance to walk away with Caltex merchandise and redeem goodie bags.

Ayden Sng, Mediacorp artiste and Caltex Singapore Brand Ambassador since 2023, will make an appearance at the grand opening to interact with customers and add star power to the celebrations.

Located at 1 Yishun Street 11, S768642, the new Caltex station provides convenience to customers round the clock. Customers can find a comprehensive range of quality fuels, including Platinum 98 with Techron, Premium 95 with Techron, Regular 92 with Techron, and Diesel with Techron D. Two 50kW DC charging points will also be available at the new Yishun station in the coming months.

For more information, please visit www.caltex.com.sg.
Hashtag: #Caltex

The issuer is solely responsible for the content of this announcement.

Chevron Singapore

Chevron Singapore Pte. Ltd. markets the 88-year-young Caltex brand, which is Chevron’s customer-facing brand in Asia Pacific and parts of the Middle East and Africa. The Caltex retail network in Singapore consists of 26 Caltex service stations and StarMart-branded convenience stores.

All Caltex service stations accept the CaltexGO mobile payment for fuel purchases. Products such as the Caltex with Techron® with Clean & Glide Technology™ petrol, Caltex Diesel with Techron® D and Havoline® motor oil are also available at all Caltex service stations.

In partnership with NTUC Link, the Plus! loyalty program also enables motorists to earn 2 LinkPoints for every litre of fuel purchased at Caltex.

For more information, visit .

Chevron

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable, and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals, and additives; and develops technologies that enhance our business and the industry.

We aim to grow our oil and gas business, lower the carbon intensity of our operations, and grow lower carbon businesses in renewable fuels, carbon capture and offsets, hydrogen and other emerging technologies.

More information about Chevron is available at .

Global broker Octa joins in the celebration of World Humanitarian Day


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 August 2024 – Celebrated on 19 August, World Humanitarian Day honours humanitarians around the world who strive to meet ever-growing global needs. On its part, an international financial broker Octa continues with its commitment to contributing to humanitarian endeavours worldwide, implementing various charity initiatives that target some of the most pressing issues local communities face.

Malaysia

To celebrate one of the most important holidays in the Islamic tradition, Eid al-Adha, or ‘The Feast of Sacrifice’, Octa sponsored the distribution of the Qurbani meat of two cows in Kelantan, Malaysia. Thanks to this humanitarian effort implemented with the help of Octa’s local partner Azeehan, about 300 people received the much-needed food, which was especially valuable during the sacred holiday marked by social reunions and family get-togethers.

Global broker Octa joins in the celebration of World Humanitarian Day_01

Indonesia
Octa partnered with the IDEP Foundation to help alleviate the consequences of the volcanic eruption at Mount Lewotobi Laki-Laki. In addition to a direct threat from eruption materials and pyroclastic flows, the eruption seriously impacted the daily lives of the local communities in three districts across ten villages.

In January 2024, Octa sponsored hygiene kits, sanitation facilities, and washing necessities for 474 families who had to move to evacuation sites. The Octa and IDEP joint effort also provided the necessary equipment and logistic support to meet the needs of the temporarily displaced, including children, the elderly, and people with disabilities.

Global broker Octa joins in the celebration of World Humanitarian Day_02

‘Octa’s help was instrumental in providing the lacking necessities to hundreds of people who were forced to temporarily leave their homes,’ said Muchamad Awal, the executive director of IDEP.

India
This year, Octa joined forces with the Indian foundation for Community Health, Housing, And Social Education (CHHASE) to assist Indian tribal families in facilitating school attendance for their children.

Octa will cover the critical needs of young students for an entire year in advance. The scope of help includes hot meals, school bags, stationery, and other vital necessities.

Global broker Octa joins in the celebration of World Humanitarian Day_03

One of the students’ parents said: ‘I want my children to be educated, but we live hand to mouth and often can’t afford proper meals, let alone school supplies. The program made a big impact on our lives: now, our daughter has three healthy meals a day at the study centre, her school expenses are paid, and she even has new dresses to wear after school.’

Nigeria
This year, Octa joined efforts with its local partner Asher to deliver drinking water to the area of Langtang South, Plateau State, Nigeria. For this purpose, the broker sponsors the drilling of a borehole, which will cover the local community’s agricultural and household needs for years to come.

Global broker Octa joins in the celebration of World Humanitarian Day_04


For Octa, the Langtang South initiative is yet another charity project related to the water sector. This summer, the broker supported the Bali Water Protection (BWP) project, which aims to solve the pressing issue of rapid deterioration of freshwater supply in Bali, Indonesia.

Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

the Hive takes over former WeWork location in Sheung Wan, Hong Kong


HONG KONG SAR – Media OutReach Newswire – 19 August 2024 – In partnership with a leading institutional fund, one of the region’s largest Flexible Workspace Operators, The Flexi Group has taken over operations at a former WeWork site in Sheung Wan, Hong Kong, and will re-brand the location as the Hive PoHo.

the Hive takes over former WeWork location in Sheung Wan, Hong Kong

The Hive PoHo, situated at 5-13 New Street, opened in July 2024 and spans approximately 15,000 square feet across four floors in the charming and creative district of Po Hing Fong, Sheung Wan. It will be a second home to over 250 members who will enjoy a variety of communal workstations and private offices for up to 20 persons, meeting, and event spaces for up to 60 persons, a beautiful ground floor terrace, and the Hive’s signature friendly and supportive community atmosphere. Members will also gain access to The Flexi Groups 8 further locations across Hong Kong and 45 across Asia and Australia.

Perfectly situated in the vibrant PoHo area, members will have some of Hong Kong’s favorite restaurants and bars on their doorstep with SoHo and Sai Ying Pun’s High Street within 10 minutes of walking distance. The space is also within 5 minutes walking distance of Sai Ying Pun MTR.

“We are thrilled to bring the Hive to the artistic PoHo area”, said Chris Edwards, Group CEO of The Flexi Group, “This neighborhood’s unique blend of old-world charm and a modern vibe perfectly aligns with our brand’s focus on cultivating collaborative and inspiring environments in creative districts across Hong Kong”.

Jonathan Wright, Knight Frank’s Senior Director of Hong Kong’s Office Strategy & Solutions, shares his commitment to supporting the evolving needs of modern workspaces. ” The successful execution of the Hive PoHo exemplifies the synergy between our teams in delivering exceptional coworking solutions. We are excited to see the Hive flourish in this space and look forward to our continued partnership between both Knight Frank and The Flexi Group

With this new addition, The Flexi Group continues to expand its presence in Hong Kong to 8 locations under its brand the Hive, providing innovative and flexible workspace solutions for the city’s dynamic business community.

For more information on joining the Hive PoHo or to schedule a tour, please visit www.thehivepoho.com.

Hashtag: #TheFlexiGroup

The issuer is solely responsible for the content of this announcement.

About The Flexi Group

Founded in 2022 following the merger of three globally renowned coworking brands, The Flexi Group is a rapidly expanding collection of leading flexible workspace operators in Asia. Spread across 8 countries in 11 cities, and with over 25 years of collective experience in designing, operating, and scaling workspaces, we are one of the region’s largest operators.

Please visit for more information.

About the Hive

Creating beautiful workspaces and hosting best-in-class events since 2012, the Hive is one of Asia Pacific’s widest, boutique workspace networks, carrying 22 locations in 6 countries. Aiming to deliver the ultimate Hive experience, the Hive has formed a creative community to inspire members to build deep, lasting connections, whatever their industry, role, or location.

Please visit for more information.

AIA Singapore embarks on initiative to help Singaporeans gain better understanding of their insurance coverage

2 in 5 customers are not familiar with the details of their insurance policies, AIA Singapore’s latest study finds.


SINGAPORE – Media OutReach Newswire – 19 August 2024 – AIA Singapore today announced its initiative to help customers better understand their insurance policies, improve their financial literacy in a continued bid to bridge the nation’s protection gap. Through this initiative, the organisation aims to encourage more Singaporeans to attain adequate protection.

Alarmingly, a recent study commissioned by AIA Singapore found that over 2 in 5 customers are not familiar with the details of their insurance policies[1]. The survey also found that the majority of customers are most likely to selectively read their policy documents. Accordingly, customers’ top three reasons for skimming or not reading their policy documents are — that the information is difficult to understand, lack of time for a more thorough read, and ease of tapping into their insurance representatives for advice.

“Minimising jargon in our policy documents and simplifying them will enable everyone to better understand what their policies cover and don’t cover, allowing them to identify their protection gaps.”

“Enhancing financial literacy and holistic wellness can go a long way with clear communication, and we hope this initiative serves as an effective step in that direction”, said Ms Irma Hadikusuma, Chief Marketing and Proposition Officer of AIA Singapore.

Bridging Singapore’s Significant Protection Gap, Particularly Among the Younger Demographics

AIA Singapore’s initiative is set against the backdrop of significant protection gaps in the country. There exists a 74% gap in critical illness protection and 21% gap in mortality protection, according to the 2022 Protection Gap Study by the Life Insurance Association, Singapore[2].

While young adults aged 20 to 24 and fresh graduates face significant protection gaps, external research shows that they have an interest in purchasing insurance but lack the necessary knowledge to make informed decisions[3].

Moreover, the survey found that the use of simple and plain English enables most consumers to feel more confident about purchasing insurance policies on their own[4].

“Compared to more matured generations, younger consumers tend to be more active online. In fact, our study[5] found that over half of them are likely to explore digital touchpoints to expand their knowledge about insurance.”

“Alongside our efforts to continuously enhance the skills and competencies of our insurance representatives, this initiative serves as an avenue for us to enable our customers to proactively protect themselves against financial uncertainties — especially amid rising costs of living and healthcare”, Ms Irma added.

AIA Singapore’s commitment to enabling customers to better understand their insurance policies, will be implemented through a multi-phased approach, starting with AIA HealthShield Gold Max (AIA HSG) policy materials. Customers with AIA HSG plans will be informed progressively from 27 July 2024.


[1] AIA Singapore Plain English Study. N=500.

[2] 2022 Protection Gap Study – Singapore (Sep 8, 2023). Life Insurance Association, Singapore. Available at: https://www.lia.org.sg/media/3974/lia-pgs-2022-report_final_8-sep-2023.pdf

[3] ‘Singapore youth want to buy insurance – but have no idea how’ (Apr 5, 2019) Insurance Business Magazine. Available at: https://www.insurancebusinessmag.com/asia/news/breaking-news/singapore-youth-want-to-buy-insurance–but-have-no-idea-how-164059.aspx

[4] AIA Singapore Plain English Study. N=500.

[5] AIA Live Better Study 2023 was conducted from November 2022 with more than 500 Singapore consumers each quarter, from aged 18 to 55+.

Hashtag: #AIASingapore

The issuer is solely responsible for the content of this announcement.

About AIA  

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR[1], Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR[2], and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$286 billion as of 31 December 2023.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 42 million individual policies and over 18 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.


[1] Hong Kong SAR refers to Hong Kong Special Administrative Region.

[2] Macau SAR refers to Macau Special Administrative Region.

Trailblazers Choose VinFast: Early Adopters on the VF 8


HANOI, VIETNAM – Media OutReach Newswire – 17 August 2024 – VinFast, Vietnam’s trailblazing automaker, is making waves in the electric vehicle scene with its VF 8 model. While it might not be a household name in Europe yet, the VF 8 offers a unique blend of style, technology, and value that’s catching the eye of adventurous early adopters.

The VF 8 serves as an indicator of VinFast's potential to establish itself in the automotive industry and contribute to a more sustainable future

“I was drawn to the VF 8’s striking design and advanced technology. As a newer brand with room to grow, VinFast was the perfect fit, allowing me to make a statement on the road with its innovative features,” said Armelin Asimane, a French systems engineer who received his VF 8 in May.

Early adopters like Asimane, from both Europe and Vietnam, are sharing their experiences, highlighting why the VF 8 could be a smart choice in today’s fast-paced automotive world.

Distinctive Design and Practicality

The VF 8 isn’t just another cookie-cutter EV. Its design language, while not as overtly futuristic as some competitors, offers a balanced aesthetic that’s both modern and appealing. The result of a strategic partnership between VinFast and Pininfarina, the legendary Italian design house, the VF 8 possesses a classic yet original look, giving it a touch of luxury.

With a generous wheelbase of up to 2,950 mm – longer than many other D-class SUVs – both versions of the VF 8 (Eco and Plus) provide a comfortable and spacious cabin for the whole family. VinFast’s attention to detail on the inside is evident, from the comfortable seats to the intuitive infotainment system. And compared to other gasoline cars in its segment, the VF 8 boasts both front and rear trunks, optimizing storage for shopping trips or long journeys.

“The space inside is roomy, comfortable for my family of five. The backrow can be folded back, bringing even more convenience,” said Ngoc Anh after 5 months of owning a VF 8 in Vietnam.

Intuitive Advanced Technology

VinFast knows that technology is key in the EV market. The VF 8 is packed with advanced features, including a massive 15.6-inch touchscreen, a digital instrument cluster, customizable LED lights, heated seats, and a heated steering wheel. These features, often found in luxury cars, elevate the driving experience for everyone on board.

In addition to a series of safety technology equipment to support the driver, smart features, especially the Vietnamese virtual assistant, are also an attractive factor for users on this D-SUV model.

VinFast understands that technology is a driving force in the EV market. The VF 8 is equipped with a suite of advanced features, including a large 15.6-inch touchscreen display, a digital instrument cluster, adjustable interior LED lights, heated seats, and a heated steering wheel for both front and rear passengers. These amenities, often found in luxury cars, enhance comfort for everyone on board.

Beyond driver assistance and safety tech, the VF 8’s smart features, especially the virtual assistant, are a major highlight for early adopters.

“Since switching to electric, I can’t imagine going back to traditional car interfaces,” says Tran Minh Long, one of the first VF 8 owners in Vietnam. “Instead of fumbling with buttons, I can control everything with my voice, starting with ‘Hey VinFast.'”

Long also raves about the VF 8’s integrated tech, like personalized driver profiles and automatic emergency calls, emphasizing the potential for future upgrades.

“VinFast keeps surprising us with updates, even on a model that’s been out for almost two years,” he says. “I can now control the air conditioning, lock the doors, and even open the trunk remotely through the app. It’s incredibly smart and convenient.”

Value proposition is one of the most compelling aspects of owning a VF 8. VinFast has strategically priced the VF 8 to be competitive with established EV models in Europe, offering a significant bang for your buck.

The Vietnamese Advantage

VinFast’s status as a Vietnamese automaker might raise eyebrows for some, but it’s a factor that shouldn’t be dismissed. Manufacturing plays a crucial role in Vietnam’s economy, accounting for more than 20% of the country’s GDP, and the country is becoming a promising hub for international manufacturing investment. In 2023, foreign investments in Vietnam’s manufacturing industry led with a total investment of over USD 23.5 billion, comprising 64.2% of the country’s total FDI capital, making it the leading FDI sector in the country.

VinFast is leveraging this advantage to produce EVs that can compete on the global stage. Moreover, the company’s commitment to innovation and sustainability aligns with the broader trends in the automotive industry, positioning it for long-term success.

While some may be concerned about the strength and long-term commitment of a new brand in Europe, VinFast is a different story. Vingroup, VinFast’s parent company, is the largest private conglomerate in Vietnam with a significant contribution to the local economy. Vingroup’s chairman, the billionaire Pham Nhat Vuong, has publicly announced his intention to invest in VinFast until “he runs out of money”. Given Vingroup’s stature and deep roots in Vietnam, we can expect VinFast to be around for the long term in the market.

The VF 8 serves as an indicator of VinFast’s potential to establish itself in the automotive industry and contribute to a more sustainable future. Admitedly, it’s not the perject choice for every consumer, but its combination of design, technology, and competitive pricing makes it an option worth considering for those looking for an alternative in the EV market.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.