VinFast, Vietnam

Loss-making EV firm VinFast to get $3.4 bln more funding from founder, parent company
Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by 2026, when it expects to break even.
Vietnam EV maker VinFast to get USD 3.5 bn in new funding
Vietnamese electric vehicle maker VinFast will receive USD 3.5 billion in new funding, the majority from its CEO Pham Nhat Vuong, parent group Vingroup said on Tuesday, as it struggles to break into the international market.
Vietnam’s Vingroup and its founder pledge 85 trillion dong in funding to VinFast
HO CHI MINH CITY] Vietnam’s largest conglomerate Vingroup has committed to providing its unit VinFast additional loans of up to 35 trillion dong (S$1.85 billion) by the end of 2026. Read more at The Business Times.
Vietnam EV Maker VinFast To Get $3.5 Bn In New Funding
VinFast -- Vietnam's first homegrown car manufacturer -- is aiming to compete with global EV giants such as Tesla. It debuted on the Nasdaq in August 2023 at $10, hitting headlines around the world as its valuation skyrocketed and then crashed. It was ...
Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company
Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by 2026, when it expects to break even.
VinFast Tycoon to Inject $2 Billion Into Struggling EV Maker
Vietnamese billionaire Pham Nhat Vuong pledged to invest about $2 billion into VinFast Auto Ltd., another major capital infusion from his personal wealth for the struggling electric vehicle maker.
VinFast Auto attracts new funding from its parent company and founder
Vietnamese electric vehicle maker VinFast Auto Ltd. (NASDAQ:VFS) said it will land $3.4 billion in more funding from parent company Vingroup by 2026. That is the same year that the company expects to break even.
ET Auto6h
VinFast dominates Vietnamese EV market with over 51K sales in 2024
VinFast delivered over 11,000 electric vehicles in Vietnam in October. This brings total sales to over 51,000 units since the ...
VinFast Only Needs Another $3.5 Billion To Make Its EVs A Success
Good morning! It’s Wednesday, November 13, and this is The Morning Shift, your daily roundup of the top automotive headlines ...
GlobalData on MSN11h
VinFast gets new capital injection from parent
VinFast, a Vietnamese electric vehicle (EV) maker listed on the Nasdaq, is set to receive a capital boost of VND85tn ($3.35bn ...
electrive22h
VinFast announces major new funding and a potential fleet deal in Mexico
Vietnamese EV manufacturer VinFast has announced new investment from Vietnamese sources, as well as a new investment deal ...
Top Gear Philippines7h
VinFast to hold liveselling on Facebook for its VF3
On Friday, November 15 at 8pm, VinFast will be live on Facebook to take reservations on its subcompact electric SUV, the VF3.
San Francisco Examiner8d
VinFast VF 8 – The Car to Retake the EV Momentum
As the U.S. electric vehicle market loses steam, VinFast emerges with a potential solution. The VF 8, a premium electric ...
Zawya1d
VinFast enters the Middle East, driven by Vingroup’s ‘Forever Start-up Spirit’
VinFast, inspired by Vingroup’s ethos of “Forever the start-up spirit,” has officially entered the Middle Eastern market.
VinFast's Multi-Pronged Strategy to Lead the Electric Vehicle Revolution
The electric vehicle industry, after a period of explosive growth, is now settling into a more sustainable pace. The market, ...