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The deal would facilitate the latest cash injection by billionaire Pham Nhat Vuong, Vietnam's richest person, to make VinFast ...
Following the spin-off, VinFast plans to transfer all of its shares in the new entity to the CEO at around $1.6bn.
KUALA LUMPUR] Pham Nhat Vuong spent billions of US dollars on an unsuccessful push to turn his upstart electric automaker ...
I’ve started to see VinFast EVs on the road in New York, and I have to explain to anyone I’m with why my head just snapped to ...
Vietnam's Vinfast has begun production at a $500 million electric vehicle plant in India’s Tamil Nadu, part of a larger $2 ...
Good morning! It's Tuesday, August 12, 2025, and this is The Morning Shift, your daily roundup of the top automotive ...
VinFast Auto Ltd. (NASDAQ:VFS) is one of the best EV penny stocks to buy according to hedge funds. On July 14, Cantor ...
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 is set to receive another $1.52 billion from founder Pham Nhat Vuong, who has committed to buy the EV maker’s ...
The EV marker to spin off part of its R&D unit to a newly formed company, known as Novatech Research and Development SJC.
VinFast aims to sell 20,000 of these cars in Vietnam this year and deliveries will begin in August. It’s being sold on the Southeast Asian e-commerce website Shopee, with an initial deposit of ...
Business Vietnam's VinFast looks to tiny EV, priced at less than $10,000, to change its fortunes This photo released by Vinfast shows Vinfast electric car VF3 at an event in Las Vegas on Jan. 9, 2024.