VinFast of Vietnam Begins Hiring in India

The recruitment process for various managerial positions has recently been launched by the Vietnamese automaker VinFast as part of its announcement of its expansion into the Indian market.

The company actively seeks out individuals with a bold and audacious mindset, encouraging them to think creatively, act fearlessly, and face challenges head-on. Vinfast is a trailblazing force in the Vietnamese automotive sector, known for its dedication to producing both high-end and affordable electric cars with powerful engines. It also has the distinction of being the only homegrown automaker in Vietnam and the only manufacturer of electric cars in all of Southeast Asia.

Related: Vietnam’s VinFast Now Values More Than Ford and GM

The company which already entered the U.S. market with its electric vehicles is now aiming to expand into several other markets including the left-hand drive markets of Cambodia, Laos, Myanmar, and the Philippines, as well as the right-hand drive markets including India, Indonesia, Malaysia, Thailand, and Singapore within the next few years. According to a VinFast official:

“the right-hand drive is an engineering technicality, and we are equipped to reformat our existing line in order to meet the sales demand.”

Formed and almost entirely controlled by Pham Nhat Vuong, Vietnam’s richest person and founder of parent conglomerate Vingroup, VinFast is currently valued at close to $39 billion. It is looking for people to join the company’s office in Gurugram, a satellite city on the outskirts of the Indian capital New Delhi, “for multiple roles across all areas of automotive business”, the LinkedIn job ad said. According to VinFast, it was researching the market and would provide “official information” in a couple of weeks.

Related: Vietnam’s VinFast Ships First Batch of EVs to American Customers

“Suitable candidates need to have at least three years of experience … along with daring personal traits: dare to think, dare to do, and dare to face difficulties,” it said, adding that jobs would come with “attractive compensation”.

If VinFast enters India, the world’s third-largest car market, it will compete in a nascent but fast-growing segment currently dominated by domestic heavyweight Tata Motors. Tesla is also eyeing India and is in talks with New Delhi about setting up a factory. Electric vehicles accounted for just around 2% of total car sales in India last year, but the government wants this to reach 30% by 2030.

Related: Tata Motors Achieves Landmark Milestone of 1 Lac EV Sales

India is working on a new scheme to attract EV makers by offering them lower import taxes in return for investment in local manufacturing. In a U.S. regulatory filing earlier this week, VinFast said it planned to invest $1.2 billion in Indonesia to sell cars and build a factory there. However, it is not yet known whether the Vietnamese automaker will build a plant in India or will sell EVs in CBU form only. The same regulatory filing also revealed that after Asia, VinFast will target the Middle East, Africa, and Latin America, and expand its presence in Europe as it identified between 40 and 50 potential markets.

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