Tesla has registered a subsidiary in Vietnam, establishing a formal legal foothold in one of Southeast Asia’s fastest-growing EV markets, according to a business registration filing first reviewed and reported by Reuters.
‘Tesla Motors Vietnam Limited Liability Company’ was registered on September 11 in Ho Chi Minh City with charter capital of 77.667 billion dong (about $3 million), the filing shows.
An office address is listed at Me Linh Point Tower, 2 Ngo Duc Ke Street, in the city’s Saigon Ward.
Authorized activities for the new entity include wholesale and retail sales of automobiles, vehicle parts, machinery and equipment, plus related import, export and distribution.
David Jon Feinstein, who serves as Tesla’s Global Senior Director of Trade & Markets Finance and was previously involved in the company’s India and Thailand entity filings, is registered as chairman.
Isabel Ching Fan is listed as General Director, and Nguyen Manh Hung as assistant to the General Director.
Fan is Tesla’s Senior Regional Director covering Hong Kong, Macau, the Philippines and Southeast Asia and has played an active role in other recent Asia-Pacific market launches, including India and Malaysia.
Her involvement signals Vietnam sits within the same regional expansion architecture Tesla has used in other markets.
VinFast’s Home Turf
Vietnam’s EV market is dominated by a single domestic player.
VinFast, part of conglomerate Vingroup, delivered 175,099 EVs in its home market in 2025 — nearly double its 2024 volume — and held about 29% of all vehicle sales in the country
VinFast commanded an estimated 99% of EV segment sales.
Through July, the company had already delivered 137,697 EVs in Vietnam, equivalent to about 79% of its full-year 2025 total, with compact models like the VF 3 and the Limo Green fleet-oriented MPV leading growth.
Government policy has aided adoption.
Vietnam first exempted battery EVs from registration fees in March 2022 under Decree No. 10/2022/ND-CP.
After successive extensions, the most recent — Decree No. 202/2026/ND-CP, issued on June 8 — prolonged the 0% first-time registration fee through the end of 2030, according to the national media outlet Vietnam News.
Reduced excise taxes add to the incentive stack.
VinFast’s V-Green charging network spans more than 150,000 ports across 34 provinces, giving the domestic incumbent a significant infrastructure lead.
Regional Supply Chain
Tesla would likely supply Vietnam from GigaShanghai, the company’s highest-output factory, which already feeds virtually all of its Asia-Pacific retail markets — Australia, New Zealand, Japan, South Korea, Thailand, Singapore and Malaysia, EV previously reported.
Shanghai shipped 295,324 vehicles abroad in the first seven months of 2026, surpassing the 226,034 units exported for all of 2025, according to China Passenger Car Association data.
July alone accounted for 66,330 export units, a record for the plant.
BYD has also moved into Vietnam’s supply chain.
The Shenzhen-based automaker broke ground on a $130 million battery plant in the country in January, though its involvement so far centers on manufacturing rather than vehicle retail.
Southeast Asian Footprint
Vietnam would extend Tesla’s expanding presence across the region.
Tesla launched in Thailand in December 2022, about seven and a half months after registering a local entity, and began deliveries in February 2023.
Malaysia followed with a formal launch in July 2023 after company preparatory steps dating to 2022.
Tesla debuted in the Philippines in November 2024, with deliveries beginning early 2025, and the company rapidly climbed to majority BEV market share and over 2,200 units in its first full year, according to AutoIndustriya.
Indonesia, Cambodia, Laos and Myanmar lack official Tesla vehicle sales operations.
Indonesia sees units circulate through gray-market imports, but earlier discussions about factory or battery-plant investments did not produce an official retail launch.
Filing-to-Entry Timelines
Registration of a local entity is an early legal step rather than an immediate sales launch.
Tesla’s website does not yet list Vietnam among markets with stores, service centers or Superchargers.
Recent market entries provide a guide to how quickly the gap between filing and first orders has closed.
Latvia’s subsidiary, Tesla Latvia SIA, was registered in November 2025, alongside an Estonian entity filed the following month.
An official launch with online configurator and orders followed on July 17, 2026 — about eight months later — completing Tesla’s Baltic rollout after Lithuania in 2024 and Estonia earlier in 2026, TeslaNT reported.
Uruguay’s entity was formed earlier this year, with brand filings in January and job postings from April.
Sales opened around mid-July with deliveries listed for October–November, EVWire reported.
Morocco’s subsidiary was created in May 2025, with an official launch event in Casablanca this February, and first customer deliveries of Model 3 and Model Y beginning in July — about nine months from filing to launch and 14 months to first deliveries, Drive Tesla Canada reported.
Colombia’s entity was registered in January 2024, and official sales opened in November 2025 at the Bogotá auto show, with deliveries starting in late January–early February — a 22-month gap, longer because the entity was set up well in advance, according to MG Estado Colombiano.
Other recent filings remain in progress.
‘Tesla BGR EOOD’ in Bulgaria, registered in February, began hiring for a Sofia showroom by May but had not started official sales by September.
‘Tesla Argentina S.R.L.’, filed in March, has advanced charging partnerships but no vehicle sales.
