News

Vietnam’s EV Maker VinFast To Sell R&D Assets To Billionaire Founder For $1.5 Billion

The deal would be the latest cash injection by billionaire Pham Nhat Vuong to make loss-making VinFast a viable player in the ...
Auto12312h

VinFast Founder Injects $1.52 Billion USD by Buying Out R&D Division

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 ...

VinFast founder to inject another US$1.5 billion in exchange for R&D assets

VinFast’s founder Pham Nhat Vuong has agreed to buy the EV maker’s research and development arm for US$1.52 billion, his ...
The Financial Express17h

VinFast founder to invest $1.5 billion in exchange for R&D assets

Pham Nhat Vuong, the founder of electric vehicle company VinFast, has injected another $1.52 billion into the company by ...
The Business Times17h

VinFast to spin off R&D assets in 39.8 trillion dong deal with founder

HANOI] Vietnamese electric vehicle maker VinFast Auto announced plans to spinoff part of its research and development unit ...
TipRanks on MSN18h

VinFast Announces Strategic Spin-Off and Restructuring

An update from VinFast Auto ( ($VFS) ) is now available. On August 14, 2025, VinFast Auto Ltd. announced a strategic restructuring plan involving ...

BRIEF-VinFast Spins Off Unit, Transfers Shares to Pham Nhat Vuong

VINFAST AUTO LTD - SPIN-OFF OF NEW COMPANY FROM VINFAST TRADING AND PRODUCTION JSC AND SHARE TRANSFER OF NEW COMPANY TO PHAM NHAT VUONG * VINFAST AUTO LTD - VFTP TO REMAIN DIRECT UNIT OF CO AND ...