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

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

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

HANOI: VinFast Auto Ltd is poised to raise about US$1.5 billion by selling certain research and development assets to its ...

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