Vietnamese electric automaker Vinfast will be opening a location at West Vancouver’s Park Royal Shopping Centre. The auto manufacturer had announced plans in February 2022 for nearly 40 store locations before the end of next year. Construction signage went up in the South Mall of Park Royal in early May 2022.
This location would become the first location for Vinfast in the province of British Columbia.
Trevor Thomas from brokerage JLL Canada negotiated the lease for this Vinfast location. Landlord Larco owns Park Royal.
After the February 2022 announcement for its Canadian expansion, Vinfast announced in April 2022 plans for an initial public offering (IPO). In May 2022, Vinfast announced that it would be moving its headquarters to Singapore.
