Bend Novatech Group Ltd's growth comes with high risks, rising costs, and valuation concerns. Click for more on the upcoming ...

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

The automaker's founder will supply $1.5 billion in cash via the newly created Novatech Research and Development.

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

Pham Nhat Vuong, the founder of electric vehicle company VinFast, has injected another $1.52 billion into the company by ...

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 ...

Vietnamese electric vehicle maker VinFast Auto Ltd. announced plans to spin off part of its research and development unit ...

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 ...