The Vietnamese EV manufacturer VinFast is restructuring. Certain research and development assets will be transferred to a ...

The EV marker to spin off part of its R&D unit to a newly formed company, known as Novatech Research and Development SJC.

The deal would be the latest cash injection by billionaire Pham Nhat Vuong to make loss-making VinFast a viable player in the ...

VinFast's founder Pham Nhat Vuong has agreed to buy the EV maker's research and development arm for $1.52 billion, his latest ...

VinFast’s founder is investing $1.52B USD to buy out the automaker's R&D division, in a bid to help the firm attain ...