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

Following the spin-off, VinFast plans to transfer all of its shares in the new entity to the CEO at around $1.6bn.

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

The deal would facilitate the latest cash injection by billionaire Pham Nhat Vuong, Vietnam's richest person, to make VinFast ...

VinFast is set to receive another $1.52 billion from founder Pham Nhat Vuong, who has committed to buy the EV maker’s ...

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

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.

Cynthia Petion, one of NovaTech's co-founders, allegedly referred to the cryptocurrency company as “God’s vision” and called herself "Reverend CEO”.

The U.S. Securities and Exchange Commission (SEC) on Monday sued the cryptocurrency company NovaTech and its married cofounders, saying they fraudulently raised more than $650 million from more ...