VINFAST

Cost Engineer (Expat only)

VINFAST  •  Hanoi, VN (Onsite)  •  9 days ago
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Job Description


With respect to all your personal data shared to VinFast in the application and the entire recruitment process of VinFast, by clicking “Apply”, submitting your resumé/CV and/or participating in VinFast's recruitment process, you agree that you have read VinFast's Personal Data Protection Policy ("Policy") posted at

https://vinfastauto.com/vn_vi/dieu-khoan-phap-ly

or

https://vinfast.vn/privacy-policy/

, you agree to the Policy and consent for VinFast to process your personal data in accordance with the Policy and the applicable regulations on personal data protection

Job
Purpose


The Costing
Engineer is responsible for analyzing, developing, and optimizing product cost
structures—particularly for electric vehicles (EVs)—across the entire product
lifecycle. The role ensures cost competitiveness, supports profitability
targets, and drives continuous cost improvement initiatives.


Key
Responsibilities


  • Develop,
    analyze, and optimize vehicle cost structures and Bills of Materials (BOM)
    throughout the product development lifecycle.

  • Perform
    detailed cost analysis covering materials, manufacturing processes,
    tooling, logistics, and overhead.

  • Establish
    comprehensive cost breakdown structures and cost models to support design,
    sourcing, and manufacturing decisions.

  • Benchmark
    product and cost structures against major global EV OEMs, with a strong
    focus on the China EV market.

  • Support
    supplier negotiations, value analysis/value engineering (VA/VE)
    activities, and localization strategies to achieve cost reduction targets.

  • Monitor,
    track, and report cost performance, cost variances, and realized savings
    to management.

  • Collaborate
    cross-functionally with Engineering, Purchasing, Manufacturing, and
    Finance teams to drive cost optimization initiatives.


Requirements


  • Minimum
    of
    5 years’ experience

    in Cost Engineering within the automotive
    and/or EV industry.

  • Mandatory
    experience

    working with or within the
    China EV market.

  • Experience
    collaborating with or benchmarking against major automotive OEMs
    comparable to VinFast.

  • Bachelor’s
    degree in Engineering or a related technical discipline.

  • Strong
    analytical and problem-solving skills with proficiency in Excel;
    experience with ERP systems (e.g., SAP) is required.

  • Fluency
    in English is required; proficiency in Chinese is a strong advantage.

  • Open
    to both Vietnamese and international candidates.


Benefits


  • Competitive salary compared to the market.

  • Career growth opportunities and the chance to build a sustainable career in a fast-growing company.

  • Professional and respectful working environment.

We appreciate your interest in this opportunity. Given the high volume of applications, we will only be able to contact shortlisted candidates. We value your understanding and patience in this process. Thank you for your interest and cooperation.
VINFAST

About VINFAST

VinFast - a member of Vingroup – envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90% automation in Hai Phong, Vietnam.

Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.com.

Industry
Automotive & Mobility
Company Size
5,001-10,000 employees
Headquarters
Cat Hai, VN
Year Founded
Unknown
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