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

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 ...

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

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 ...

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.

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