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

Bend Novatech Group Ltd's growth comes with high risks, rising costs, and valuation concerns. Click for more on the upcoming ...

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 ...