Stevie® Awards Announce Winners in The 21st Annual International Business Awards® from Across the Globe

Selected From More Than 3,600 Nominations, Representing 62 Nations and Territories, by More Than 300 Judges

Winners in the 21st International Business Awards have been announced

High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 21st Annual International Business Awards®, the world’s only international, all-encompassing business awards program. The IBAs have been called “the Olympics for the workplace.”

FAIRFAX, Va., Aug. 14, 2024 (GLOBE NEWSWIRE) — High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 21st Annual International Business Awards®, the world’s only international, all-encompassing business awards program. The IBAs have been called “the Olympics for the workplace.”

Winners were selected from more than 3,600 nominations submitted by organizations in 62 nations and territories.

A complete list of all 2024 Gold, Silver and Bronze Stevie Award winners by category is available at www.StevieAwards.com/IBA.

More than 300 executives worldwide participated on 11 juries to determine the Stevie winners.

The top winner of Gold, Silver, and Bronze Stevie Awards is Ayala Land of Metro Manila, Philippines with 25 Stevie Award wins.

Other winners of multiple Stevie Awards include, among others: Halkbank, Istanbul, Türkiye (18), Tata Consultancy, worldwide (14), Viettel, Hanoi, Vietnam (13), Akbank, Istanbul, Türkiye (13), DP DHL, worldwide (13), Miral, Abu Dhabi, United Arab Emirates (13), IBM, worldwide (11), Cathay United, Taipei, Taiwan (10), Data Dynamics, Upper Saddle River, NJ, USA (9), PLDT and Smart, Makati City, Philippines (9), Abu Dhabi Customs, Abu Dhabi, United Arab Emirates (8), Cathay Financial Holding Co. Ltd. Taipei, Taiwan, (8), China Resources Land Limited, Shenzhen, China (8), Lounge Group, Budapest, Hungary (8), Manila Electric Company, Metro Manila, Philippines, (8), Atos Customer Services, Istanbul, Türkiye (7), BELBİM AŞ, Istanbul, Türkiye (7), Everise, Plantation, FL USA (7), pladis, Istanbul, Türkiye (7), Russell Harris Event Group, North Hollywood, CA USA (7), Sandoz AG, Basel, Switzerland (7), WNS, Mumbai, India (7), Wolters Kluwer, worldwide (7), A.S. WATSON, Hong Kong, China (6), Beyaz Kağıt San. ve Tic. A.Ş., Adana, Türkiye (6), Ceyhinz Link International Inc., Irving, TX USA (6), HKRI Taikoo Hui, Shanghai, China (6), LLYC, Madrid, Spain (6), Pan American Energy, Buenos Aires, Argentina (6), TELUS, Vancouver, BC Canada, (6), Thai Life Insurance Plc., Bangkok, Thailand (6), ZIMAT, Mexico City, Mexico (6), Mastercard, Miami, FL USA (6), Cisco Systems Inc, San Jose, CA USA (5), DDB Group Philippines, Taguig City, Philippines (5), Dito Telecommunity, BGC Taguig, Philippines (5), HCL Software, Noida, India and Santa Clara, CA USA (5), King Faisal Specialist Hospital & Research Centre, Riyadh, Saudi Arabia (5), KoçZer, Istanbul, Türkiye (5), KoçSistem Bilgi ve İletişim A.Ş., Istanbul, Türkiye (5), SOCAR Türkiye, Istanbul, Türkiye (5), FPT, Hanoi, Vietnam (5), Sleepm Global Inc., ON Canada (5), TriNet, Dublin, CA USA (5), and Yapi Kredi Bank, Istanbul, Türkiye, (5).

All organizations worldwide are eligible to compete in the IBAs and may submit any number of nominations in a wide range of categories for achievement in management, marketing, public relations, customer service, human resources, new products and services, technology, websites, apps, events, and more.

Winners will be celebrated during a gala event in Istanbul, Türkiye, at the InterContinental Hotel on October 11, 2024. Tickets are on sale now.

Nominations for the 2025 edition of the IBAs will be accepted starting in February.

About the Stevie® Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, the Stevie Awards for Technology Excellence, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Marketing Contact
Nina Moore
Nina@StevieAwards.com
+1 (703) 547-8389

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/016f5ff3-87b5-4312-9987-bd46ed12920e

GlobeNewswire Distribution ID 9204642

Stevie® Awards Announce Winners in The 21st Annual International Business Awards® from Across the Globe

Selected From More Than 3,600 Nominations, Representing 62 Nations and Territories, by More Than 300 Judges

Winners in the 21st International Business Awards have been announced

High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 21st Annual International Business Awards®, the world’s only international, all-encompassing business awards program. The IBAs have been called “the Olympics for the workplace.”

FAIRFAX, Va., Aug. 14, 2024 (GLOBE NEWSWIRE) — High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 21st Annual International Business Awards®, the world’s only international, all-encompassing business awards program. The IBAs have been called “the Olympics for the workplace.”

Winners were selected from more than 3,600 nominations submitted by organizations in 62 nations and territories.

A complete list of all 2024 Gold, Silver and Bronze Stevie Award winners by category is available at www.StevieAwards.com/IBA.

More than 300 executives worldwide participated on 11 juries to determine the Stevie winners.

The top winner of Gold, Silver, and Bronze Stevie Awards is Ayala Land of Metro Manila, Philippines with 25 Stevie Award wins.

Other winners of multiple Stevie Awards include, among others: Halkbank, Istanbul, Türkiye (18), Tata Consultancy, worldwide (14), Viettel, Hanoi, Vietnam (13), Akbank, Istanbul, Türkiye (13), DP DHL, worldwide (13), Miral, Abu Dhabi, United Arab Emirates (13), IBM, worldwide (11), Cathay United, Taipei, Taiwan (10), Data Dynamics, Upper Saddle River, NJ, USA (9), PLDT and Smart, Makati City, Philippines (9), Abu Dhabi Customs, Abu Dhabi, United Arab Emirates (8), Cathay Financial Holding Co. Ltd. Taipei, Taiwan, (8), China Resources Land Limited, Shenzhen, China (8), Lounge Group, Budapest, Hungary (8), Manila Electric Company, Metro Manila, Philippines, (8), Atos Customer Services, Istanbul, Türkiye (7), BELBİM AŞ, Istanbul, Türkiye (7), Everise, Plantation, FL USA (7), pladis, Istanbul, Türkiye (7), Russell Harris Event Group, North Hollywood, CA USA (7), Sandoz AG, Basel, Switzerland (7), WNS, Mumbai, India (7), Wolters Kluwer, worldwide (7), A.S. WATSON, Hong Kong, China (6), Beyaz Kağıt San. ve Tic. A.Ş., Adana, Türkiye (6), Ceyhinz Link International Inc., Irving, TX USA (6), HKRI Taikoo Hui, Shanghai, China (6), LLYC, Madrid, Spain (6), Pan American Energy, Buenos Aires, Argentina (6), TELUS, Vancouver, BC Canada, (6), Thai Life Insurance Plc., Bangkok, Thailand (6), ZIMAT, Mexico City, Mexico (6), Mastercard, Miami, FL USA (6), Cisco Systems Inc, San Jose, CA USA (5), DDB Group Philippines, Taguig City, Philippines (5), Dito Telecommunity, BGC Taguig, Philippines (5), HCL Software, Noida, India and Santa Clara, CA USA (5), King Faisal Specialist Hospital & Research Centre, Riyadh, Saudi Arabia (5), KoçZer, Istanbul, Türkiye (5), KoçSistem Bilgi ve İletişim A.Ş., Istanbul, Türkiye (5), SOCAR Türkiye, Istanbul, Türkiye (5), FPT, Hanoi, Vietnam (5), Sleepm Global Inc., ON Canada (5), TriNet, Dublin, CA USA (5), and Yapi Kredi Bank, Istanbul, Türkiye, (5).

All organizations worldwide are eligible to compete in the IBAs and may submit any number of nominations in a wide range of categories for achievement in management, marketing, public relations, customer service, human resources, new products and services, technology, websites, apps, events, and more.

Winners will be celebrated during a gala event in Istanbul, Türkiye, at the InterContinental Hotel on October 11, 2024. Tickets are on sale now.

Nominations for the 2025 edition of the IBAs will be accepted starting in February.

About the Stevie® Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, the Stevie Awards for Technology Excellence, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Marketing Contact
Nina Moore
Nina@StevieAwards.com
+1 (703) 547-8389

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/016f5ff3-87b5-4312-9987-bd46ed12920e

GlobeNewswire Distribution ID 9204642

Stevie® Awards Announce Winners in The 21st Annual International Business Awards® from Across the Globe

Selected From More Than 3,600 Nominations, Representing 62 Nations and Territories, by More Than 300 Judges

Winners in the 21st International Business Awards have been announced

High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 21st Annual International Business Awards®, the world’s only international, all-encompassing business awards program. The IBAs have been called “the Olympics for the workplace.”

FAIRFAX, Va., Aug. 14, 2024 (GLOBE NEWSWIRE) — High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 21st Annual International Business Awards®, the world’s only international, all-encompassing business awards program. The IBAs have been called “the Olympics for the workplace.”

Winners were selected from more than 3,600 nominations submitted by organizations in 62 nations and territories.

A complete list of all 2024 Gold, Silver and Bronze Stevie Award winners by category is available at www.StevieAwards.com/IBA.

More than 300 executives worldwide participated on 11 juries to determine the Stevie winners.

The top winner of Gold, Silver, and Bronze Stevie Awards is Ayala Land of Metro Manila, Philippines with 25 Stevie Award wins.

Other winners of multiple Stevie Awards include, among others: Halkbank, Istanbul, Türkiye (18), Tata Consultancy, worldwide (14), Viettel, Hanoi, Vietnam (13), Akbank, Istanbul, Türkiye (13), DP DHL, worldwide (13), Miral, Abu Dhabi, United Arab Emirates (13), IBM, worldwide (11), Cathay United, Taipei, Taiwan (10), Data Dynamics, Upper Saddle River, NJ, USA (9), PLDT and Smart, Makati City, Philippines (9), Abu Dhabi Customs, Abu Dhabi, United Arab Emirates (8), Cathay Financial Holding Co. Ltd. Taipei, Taiwan, (8), China Resources Land Limited, Shenzhen, China (8), Lounge Group, Budapest, Hungary (8), Manila Electric Company, Metro Manila, Philippines, (8), Atos Customer Services, Istanbul, Türkiye (7), BELBİM AŞ, Istanbul, Türkiye (7), Everise, Plantation, FL USA (7), pladis, Istanbul, Türkiye (7), Russell Harris Event Group, North Hollywood, CA USA (7), Sandoz AG, Basel, Switzerland (7), WNS, Mumbai, India (7), Wolters Kluwer, worldwide (7), A.S. WATSON, Hong Kong, China (6), Beyaz Kağıt San. ve Tic. A.Ş., Adana, Türkiye (6), Ceyhinz Link International Inc., Irving, TX USA (6), HKRI Taikoo Hui, Shanghai, China (6), LLYC, Madrid, Spain (6), Pan American Energy, Buenos Aires, Argentina (6), TELUS, Vancouver, BC Canada, (6), Thai Life Insurance Plc., Bangkok, Thailand (6), ZIMAT, Mexico City, Mexico (6), Mastercard, Miami, FL USA (6), Cisco Systems Inc, San Jose, CA USA (5), DDB Group Philippines, Taguig City, Philippines (5), Dito Telecommunity, BGC Taguig, Philippines (5), HCL Software, Noida, India and Santa Clara, CA USA (5), King Faisal Specialist Hospital & Research Centre, Riyadh, Saudi Arabia (5), KoçZer, Istanbul, Türkiye (5), KoçSistem Bilgi ve İletişim A.Ş., Istanbul, Türkiye (5), SOCAR Türkiye, Istanbul, Türkiye (5), FPT, Hanoi, Vietnam (5), Sleepm Global Inc., ON Canada (5), TriNet, Dublin, CA USA (5), and Yapi Kredi Bank, Istanbul, Türkiye, (5).

All organizations worldwide are eligible to compete in the IBAs and may submit any number of nominations in a wide range of categories for achievement in management, marketing, public relations, customer service, human resources, new products and services, technology, websites, apps, events, and more.

Winners will be celebrated during a gala event in Istanbul, Türkiye, at the InterContinental Hotel on October 11, 2024. Tickets are on sale now.

Nominations for the 2025 edition of the IBAs will be accepted starting in February.

About the Stevie® Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, the Stevie Awards for Technology Excellence, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Marketing Contact
Nina Moore
Nina@StevieAwards.com
+1 (703) 547-8389

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/016f5ff3-87b5-4312-9987-bd46ed12920e

GlobeNewswire Distribution ID 9204642

Meltwater launches new global Partner Program to fuel customer success

SAN FRANCISCO, Aug. 14, 2024 (GLOBE NEWSWIRE) — Meltwater, a leading global provider of social, media and consumer intelligence, today announces the launch of the Meltwater Partner Program, a fast-growing ecosystem of the top technology and services providers working together to enable organizations to be insight-driven.

Meltwater’s suite of solutions unlock the power of media, social, and consumer data, transforming them into actionable insights to give customers a competitive edge. With the most comprehensive dataset in the industry and more than 1 billion pieces of media and social content analyzed each day, Meltwater empowers companies with easy-to-action insights that drive data-backed decision-making. Its suite of solutions span media intelligence, media relations, social listening, social media management, influencer marketing, consumer intelligence, and more.

Through the Meltwater Partner Program, Meltwater customers now benefit from complementary solutions, services and technology, enabled by Meltwater’s dynamic partner ecosystem. The creation of the program is an investment into Meltwater’s customers and ensuring that they reap the full benefits of Meltwater’s offerings.

The Partner Program consists of global systems integrators, agencies and consultancies, technology partners, cloud partners, regional partners and service partners, all providing a unique value proposition for Meltwater’s customers. From joint solutions, to service packages, to agency work, Meltwater’s customer-centric philosophy puts its customers at the heart of this partner strategy with the goal of providing the maximum amount of value towards their business goals.

“I’m thrilled to launch the new Partner Program, along with enablement offers that will help our partners build their practices. Our goal is to always put our customers in a position to succeed, and with our best-in-class partners we are building a robust global partner ecosystem with solutions that enable our shared customers to meet the challenges of today and tomorrow,” said Doug Balut, Meltwater’s Senior Vice President of Global Alliances and Partnerships.

Select Meltwater partners include:

  • Microsoft, one of the world’s leading technology companies, is fueled by its mission to empower every person and every organization on the planet to achieve more. Stephanie Cohen-Glass, Senior Director, Communications Strategy at Microsoft said, “We were looking for a partner that shared our vision of reinventing communications with AI, and with Meltwater we found just that. Together, we’re creating solutions that allow PR and Comms professionals to access data and insights in a more natural way, in the workflow they already use, to drive impact.”
  • Dig Human, a digital agency that bridges data, design, strategy, technology and AI, to help organizations accelerate digital transformation, innovation and growth. Rob Harles, CEO and Founder of Dig Human said, “We’re thrilled to be partnering with Meltwater and bringing their world-class solutions to our customers to enable growth, transformation and innovation. Working with a partner like Meltwater helps us to help our clients capture real value from technology and data and build stronger, more enduring human connections with customers, employees and citizens.”
  • Point 600, a Communications Consulting Firm specializing in Data Analytics – Brittany Paxman, Managing Partner, Point 600 said, “We’re excited to join the Meltwater Partner Program and help our shared customers leverage Meltwater to make data-informed decisions. At Point 600, we help our clients use data and technology to prove and improve the impact of communications. We’ve seen firsthand the transformative power of Meltwater’s dataset when used in smart ways. Together, we’re enabling communications leaders to operate with greater impact, intelligence, and efficiency.”

By joining the program, Meltwater partners gain access to a broad range of programs, including access to innovative technologies and exclusive co-marketing opportunities to amplify their brand and accelerate revenue growth, access to our partner portal, lead generation and much more.

Meltwater’s investment in developing a dynamic partner ecosystem, following the appointment of Doug Balut as Senior Vice President of Global Alliances and Partnerships at the end of 2023. Balut is spearheading the development of Meltwater’s partnership strategy, channel sales organization, and partner go-to-market strategies, all aimed at propelling Meltwater’s growth, creating more value for customers and solidifying its position as an enterprise-grade suite of solutions.

For more information please contact,
Kelly Costello
pr@meltwater.com

About Meltwater
Meltwater empowers companies with solutions that span media, social, consumer, and sales intelligence. By analyzing ~1 billion pieces of content daily and transforming them into vital insights, Meltwater unlocks the competitive edge to drive results. With 27,000 global customers, 50 offices across six continents, and 2,300 employees, Meltwater is the industry partner for global brands making an impact. Learn more at meltwater.com

GlobeNewswire Distribution ID 9204525

Meltwater launches new global Partner Program to fuel customer success

SAN FRANCISCO, Aug. 14, 2024 (GLOBE NEWSWIRE) — Meltwater, a leading global provider of social, media and consumer intelligence, today announces the launch of the Meltwater Partner Program, a fast-growing ecosystem of the top technology and services providers working together to enable organizations to be insight-driven.

Meltwater’s suite of solutions unlock the power of media, social, and consumer data, transforming them into actionable insights to give customers a competitive edge. With the most comprehensive dataset in the industry and more than 1 billion pieces of media and social content analyzed each day, Meltwater empowers companies with easy-to-action insights that drive data-backed decision-making. Its suite of solutions span media intelligence, media relations, social listening, social media management, influencer marketing, consumer intelligence, and more.

Through the Meltwater Partner Program, Meltwater customers now benefit from complementary solutions, services and technology, enabled by Meltwater’s dynamic partner ecosystem. The creation of the program is an investment into Meltwater’s customers and ensuring that they reap the full benefits of Meltwater’s offerings.

The Partner Program consists of global systems integrators, agencies and consultancies, technology partners, cloud partners, regional partners and service partners, all providing a unique value proposition for Meltwater’s customers. From joint solutions, to service packages, to agency work, Meltwater’s customer-centric philosophy puts its customers at the heart of this partner strategy with the goal of providing the maximum amount of value towards their business goals.

“I’m thrilled to launch the new Partner Program, along with enablement offers that will help our partners build their practices. Our goal is to always put our customers in a position to succeed, and with our best-in-class partners we are building a robust global partner ecosystem with solutions that enable our shared customers to meet the challenges of today and tomorrow,” said Doug Balut, Meltwater’s Senior Vice President of Global Alliances and Partnerships.

Select Meltwater partners include:

  • Microsoft, one of the world’s leading technology companies, is fueled by its mission to empower every person and every organization on the planet to achieve more. Stephanie Cohen-Glass, Senior Director, Communications Strategy at Microsoft said, “We were looking for a partner that shared our vision of reinventing communications with AI, and with Meltwater we found just that. Together, we’re creating solutions that allow PR and Comms professionals to access data and insights in a more natural way, in the workflow they already use, to drive impact.”
  • Dig Human, a digital agency that bridges data, design, strategy, technology and AI, to help organizations accelerate digital transformation, innovation and growth. Rob Harles, CEO and Founder of Dig Human said, “We’re thrilled to be partnering with Meltwater and bringing their world-class solutions to our customers to enable growth, transformation and innovation. Working with a partner like Meltwater helps us to help our clients capture real value from technology and data and build stronger, more enduring human connections with customers, employees and citizens.”
  • Point 600, a Communications Consulting Firm specializing in Data Analytics – Brittany Paxman, Managing Partner, Point 600 said, “We’re excited to join the Meltwater Partner Program and help our shared customers leverage Meltwater to make data-informed decisions. At Point 600, we help our clients use data and technology to prove and improve the impact of communications. We’ve seen firsthand the transformative power of Meltwater’s dataset when used in smart ways. Together, we’re enabling communications leaders to operate with greater impact, intelligence, and efficiency.”

By joining the program, Meltwater partners gain access to a broad range of programs, including access to innovative technologies and exclusive co-marketing opportunities to amplify their brand and accelerate revenue growth, access to our partner portal, lead generation and much more.

Meltwater’s investment in developing a dynamic partner ecosystem, following the appointment of Doug Balut as Senior Vice President of Global Alliances and Partnerships at the end of 2023. Balut is spearheading the development of Meltwater’s partnership strategy, channel sales organization, and partner go-to-market strategies, all aimed at propelling Meltwater’s growth, creating more value for customers and solidifying its position as an enterprise-grade suite of solutions.

For more information please contact,
Kelly Costello
pr@meltwater.com

About Meltwater
Meltwater empowers companies with solutions that span media, social, consumer, and sales intelligence. By analyzing ~1 billion pieces of content daily and transforming them into vital insights, Meltwater unlocks the competitive edge to drive results. With 27,000 global customers, 50 offices across six continents, and 2,300 employees, Meltwater is the industry partner for global brands making an impact. Learn more at meltwater.com

GlobeNewswire Distribution ID 9204525

Unburdened by the Past: VinFast and the Emergence of Pure-Play EVs

The automotive industry is rapidly evolving, and pure-play EV companies are at the forefront of this change, championing a sustainable future. Unlike traditional automakers who may turn to hybrid models, these companies are fully committed to electric vehicles, driving the industry towards a greener tomorrow.

HANOI, VIETNAM – Media OutReach Newswire 14 August 2024 – The automotive industry is undergoing a transformative shift towards electric vehicles (EVs), disrupting the traditional dominance of internal combustion engines (ICE). While established car manufacturers grapple with the costly transition from ICE to EV, pure-play EV companies are emerging as agile and innovative players in the market.

VinFast EV manufacturing complex in Hai Phong, Vietnam

Unburdened by legacy technologies and ICE supply chains, these companies are laser-focused on EV development, embracing cutting-edge technologies and sustainable practices. This is a global phenomenon, evident in the emergence of EV companies in the Middle East, such as Ceer and NWTN. However, one notable example stands out for its rapid growth and ambition: VinFast.

VinFast, the car-making arm of Vietnam’s largest private conglomerate, Vingroup, has made remarkable strides in the EV market in less than five years since its founding. The company transitioned to become a fully electric vehicle manufacturer in 2021, delivering its first self-developed EVs to Vietnamese customers in December of that year. And thanks to Vingroup’s expertise and resources, VinFast was able to construct a modern car factory in record time, a feat that usually takes traditional automakers years to accomplish. This rapid progress is a testament to VinFast’s agility and ambition, earning it recognition on TIME’s list of 100 most influential companies in 2024.

VinFast’s ambitions extend beyond its home market. The company has expanded its footprint globally, establishing a presence in the Middle East through partnerships with distributors and previously in other key markets like Southeast Asia, India, and the US. This global expansion demonstrates VinFast’s commitment to making electric mobility accessible to a wider audience.

All-In on EVs

In its April report, the International Energy Agency notes that EV companies’ stocks have outperformed general stock markets and traditional carmakers since 2019. This highlights the growing potential of this sector and the long-term growth prospects of pure-play EV companies like VinFast.

However, the transition to electric vehicles is not without challenges. Competition in the EV market is intensifying, and pure-play companies need to scale up their production and build strong brand recognition to remain competitive. The EV industry as a whole faces infrastructure limitations, such as the availability of charging stations, and needs to address consumer pain points like charging times and range anxiety.

But it’s only in this difficult backdrop that we are able to see one notable advantage of pure-play EV makers: Their unwavering commitment to going green. This obligation to adapt and innovate differentiates them from traditional automakers who might hesitate or hedge their bets by turning to half-measures like hybrids.

In VinFast’s case, their desire to go green is baked into its DNA through the unwavering commitment of its founder and also chairman of Vingroup, Pham Nhat Vuong, Vietnam’s richest man. Vingroup, its affiliates, and external lenders have provided VinFast with over $12.9 billion to fund operating expenses and capital expenditure between 2017 and March of this year. Vuong himself recently pledged another $1 billion to the company’s success.

Dedicated EV manufacturers are all-in on electric vehicles, not backing down from challenges. As the EV market matures and technology advances, pure-play companies are expected to play a crucial role in shaping the future of mobility.

 

Unburdened by the Past: VinFast and the Emergence of Pure-Play EVs

The automotive industry is rapidly evolving, and pure-play EV companies are at the forefront of this change, championing a sustainable future. Unlike traditional automakers who may turn to hybrid models, these companies are fully committed to electric vehicles, driving the industry towards a greener tomorrow.

HANOI, VIETNAM – Media OutReach Newswire 14 August 2024 – The automotive industry is undergoing a transformative shift towards electric vehicles (EVs), disrupting the traditional dominance of internal combustion engines (ICE). While established car manufacturers grapple with the costly transition from ICE to EV, pure-play EV companies are emerging as agile and innovative players in the market.

VinFast EV manufacturing complex in Hai Phong, Vietnam

Unburdened by legacy technologies and ICE supply chains, these companies are laser-focused on EV development, embracing cutting-edge technologies and sustainable practices. This is a global phenomenon, evident in the emergence of EV companies in the Middle East, such as Ceer and NWTN. However, one notable example stands out for its rapid growth and ambition: VinFast.

VinFast, the car-making arm of Vietnam’s largest private conglomerate, Vingroup, has made remarkable strides in the EV market in less than five years since its founding. The company transitioned to become a fully electric vehicle manufacturer in 2021, delivering its first self-developed EVs to Vietnamese customers in December of that year. And thanks to Vingroup’s expertise and resources, VinFast was able to construct a modern car factory in record time, a feat that usually takes traditional automakers years to accomplish. This rapid progress is a testament to VinFast’s agility and ambition, earning it recognition on TIME’s list of 100 most influential companies in 2024.

VinFast’s ambitions extend beyond its home market. The company has expanded its footprint globally, establishing a presence in the Middle East through partnerships with distributors and previously in other key markets like Southeast Asia, India, and the US. This global expansion demonstrates VinFast’s commitment to making electric mobility accessible to a wider audience.

All-In on EVs

In its April report, the International Energy Agency notes that EV companies’ stocks have outperformed general stock markets and traditional carmakers since 2019. This highlights the growing potential of this sector and the long-term growth prospects of pure-play EV companies like VinFast.

However, the transition to electric vehicles is not without challenges. Competition in the EV market is intensifying, and pure-play companies need to scale up their production and build strong brand recognition to remain competitive. The EV industry as a whole faces infrastructure limitations, such as the availability of charging stations, and needs to address consumer pain points like charging times and range anxiety.

But it’s only in this difficult backdrop that we are able to see one notable advantage of pure-play EV makers: Their unwavering commitment to going green. This obligation to adapt and innovate differentiates them from traditional automakers who might hesitate or hedge their bets by turning to half-measures like hybrids.

In VinFast’s case, their desire to go green is baked into its DNA through the unwavering commitment of its founder and also chairman of Vingroup, Pham Nhat Vuong, Vietnam’s richest man. Vingroup, its affiliates, and external lenders have provided VinFast with over $12.9 billion to fund operating expenses and capital expenditure between 2017 and March of this year. Vuong himself recently pledged another $1 billion to the company’s success.

Dedicated EV manufacturers are all-in on electric vehicles, not backing down from challenges. As the EV market matures and technology advances, pure-play companies are expected to play a crucial role in shaping the future of mobility.

 

Unburdened by the Past: VinFast and the Emergence of Pure-Play EVs

The automotive industry is rapidly evolving, and pure-play EV companies are at the forefront of this change, championing a sustainable future. Unlike traditional automakers who may turn to hybrid models, these companies are fully committed to electric vehicles, driving the industry towards a greener tomorrow.

HANOI, VIETNAM – Media OutReach Newswire 14 August 2024 – The automotive industry is undergoing a transformative shift towards electric vehicles (EVs), disrupting the traditional dominance of internal combustion engines (ICE). While established car manufacturers grapple with the costly transition from ICE to EV, pure-play EV companies are emerging as agile and innovative players in the market.

VinFast EV manufacturing complex in Hai Phong, Vietnam

Unburdened by legacy technologies and ICE supply chains, these companies are laser-focused on EV development, embracing cutting-edge technologies and sustainable practices. This is a global phenomenon, evident in the emergence of EV companies in the Middle East, such as Ceer and NWTN. However, one notable example stands out for its rapid growth and ambition: VinFast.

VinFast, the car-making arm of Vietnam’s largest private conglomerate, Vingroup, has made remarkable strides in the EV market in less than five years since its founding. The company transitioned to become a fully electric vehicle manufacturer in 2021, delivering its first self-developed EVs to Vietnamese customers in December of that year. And thanks to Vingroup’s expertise and resources, VinFast was able to construct a modern car factory in record time, a feat that usually takes traditional automakers years to accomplish. This rapid progress is a testament to VinFast’s agility and ambition, earning it recognition on TIME’s list of 100 most influential companies in 2024.

VinFast’s ambitions extend beyond its home market. The company has expanded its footprint globally, establishing a presence in the Middle East through partnerships with distributors and previously in other key markets like Southeast Asia, India, and the US. This global expansion demonstrates VinFast’s commitment to making electric mobility accessible to a wider audience.

All-In on EVs

In its April report, the International Energy Agency notes that EV companies’ stocks have outperformed general stock markets and traditional carmakers since 2019. This highlights the growing potential of this sector and the long-term growth prospects of pure-play EV companies like VinFast.

However, the transition to electric vehicles is not without challenges. Competition in the EV market is intensifying, and pure-play companies need to scale up their production and build strong brand recognition to remain competitive. The EV industry as a whole faces infrastructure limitations, such as the availability of charging stations, and needs to address consumer pain points like charging times and range anxiety.

But it’s only in this difficult backdrop that we are able to see one notable advantage of pure-play EV makers: Their unwavering commitment to going green. This obligation to adapt and innovate differentiates them from traditional automakers who might hesitate or hedge their bets by turning to half-measures like hybrids.

In VinFast’s case, their desire to go green is baked into its DNA through the unwavering commitment of its founder and also chairman of Vingroup, Pham Nhat Vuong, Vietnam’s richest man. Vingroup, its affiliates, and external lenders have provided VinFast with over $12.9 billion to fund operating expenses and capital expenditure between 2017 and March of this year. Vuong himself recently pledged another $1 billion to the company’s success.

Dedicated EV manufacturers are all-in on electric vehicles, not backing down from challenges. As the EV market matures and technology advances, pure-play companies are expected to play a crucial role in shaping the future of mobility.

 

Lebanese newspapers’ headlines for Wednesday, August 14, 2024


Al-Joumhouria:

Blinken postpones Middle East tour… Hochstein arrives in the region…Warnings are growing

Al-Akhbar:

Washington renews calls for arrangements to ensure ‘safe and durable return of settlers’

As-Sharq:

Is Hochstein carrying a solution to prevent war?

Source: National News Agency – Lebanon

Lebanese newspapers’ headlines for Wednesday, August 14, 2024


Al-Joumhouria:

Blinken postpones Middle East tour… Hochstein arrives in the region…Warnings are growing

Al-Akhbar:

Washington renews calls for arrangements to ensure ‘safe and durable return of settlers’

As-Sharq:

Is Hochstein carrying a solution to prevent war?

Source: National News Agency – Lebanon