VinFast Partners with 19 Universities to Train EV Engineers

Overview

VinFast (VFS) has signed memoranda of understanding (MOUs) with 19 universities across Vietnam to develop high-quality electric vehicle (EV) engineering talent. The partnerships cover fields including automotive engineering, mechatronics, electrical and electronics, automation, and information technology, aiming to build a sustainable training network for the EV industry.

Key Facts

• VinFast signed MOUs with 19 universities nationwide, including Hue University, Da Nang University of Science and Technology, Thuy Loi University, Phenikaa University, Hanoi University of Science and Technology, and Ho Chi Minh City University of Technology and Education.
• The partnerships cover training in automotive engineering, mechatronics, electrical-electronics, automation, and information technology.
• VinFast had previously partnered with Hanoi University of Science and Technology and Ho Chi Minh City University of Technology (Vietnam National University) in 2024.
• The MOUs were signed from late June 2025 onward.
• VinFast aims to standardize and update EV training curricula to meet real-world industry needs.
• The company will provide internship and hands-on experience opportunities for students at its facilities.
• The initiative is part of VinFast’s strategy to build a high-quality engineering workforce for its EV production and R&D.

What Happened

VinFast and 19 universities across Vietnam signed memoranda of understanding to collaborate on specialized automotive training, aiming to develop a high-quality human resource pool for the EV industry. The partnerships cover fields such as automotive engineering, mechatronics, electrical-electronics, automation, and information technology.

According to Mr. Nguyen Minh Viet, Deputy General Director in charge of VinFast Vehicle Development, the collaboration is a strategic step to train a generation of high-quality engineers ready to meet future demand. VinFast shared information about its vehicle development and quality control units, which are core to its value chain, and discussed recruitment needs for the upcoming growth phase. Mr. Trinh Van Ngan, General Director of VinFast Production and Trading Company (VFTP), emphasized that the rapid development of the automotive industry, especially EVs, requires knowledge to be updated in tandem with practice, and that the partnership will help graduates quickly adapt to work.

Market Context

VinFast (VFS) trades on the NASDAQ under ticker VFS. The stock closed at USD 10,300 on July 16, 2025. The partnership announcement comes as VinFast continues to expand its EV production capacity and global presence. The company has been investing heavily in R&D and manufacturing, with a focus on vertical integration and talent development to support its long-term growth strategy.

Strategic Significance

This talent development initiative is a long-term strategic investment for VinFast. By partnering with top engineering universities, VinFast aims to create a sustainable pipeline of skilled engineers tailored to its specific needs, reducing reliance on external hiring and ensuring alignment with its technology roadmap. The move also strengthens VinFast’s brand as an employer of choice in Vietnam’s growing EV sector, potentially lowering recruitment costs and improving employee retention. For investors, this signals VinFast’s commitment to building internal capabilities to support its ambitious production targets and global expansion.

What to Watch

• Enrollment numbers and curriculum updates at partner universities in the next academic year.
• VinFast’s recruitment announcements and hiring targets for engineering roles.
• Any expansion of the partnership to include additional universities or technical colleges.
• VinFast’s Q3 2025 earnings report for commentary on R&D and workforce development costs.
• Updates on VinFast’s production capacity and new model launches that may benefit from the trained workforce.