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VinFast chief plans to invest USD 1 bn more from his fortune in EV maker, ET Auto

"I plan to give VinFast USD 1 billion from my own pocket," he said without specifying a time frame. Vuong is the chief executive of VinFast, in which he has a 97% stake in direct ownership and through companies he controls. ....

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HO CHI MINH CITY The chief executive of VinFast will invest $1 billion of his own money into the Vietnamese electric vehicle maker to sup ....

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VinFast chief plans to invest $1 billion more from his fortune in EV maker

HANOI (Reuters) -Vietnamese billionaire Pham Nhat Vuong said on Thursday he planned to invest $1 billion more from his own fortune into Nasdaq-listed electric vehicle (EV) maker VinFast, and was considering listings for other companies he controls. Speaking at a shareholders meeting of Vingroup, the conglomerate he chairs and of which he directly owns 18% of its shares, Vuong said he could further expand investments in loss-making VinFast after he and Vingroup had poured $11.4 billion into the company as of the end of last year. Over 70% of the 35,000 cars VinFast sold last year went to an electric taxi company, GSM, owned by Vuong, filings show. ....

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VinFast Takes America by Storm, Opens 12 New Dealerships Across the Country

VinFast has reached a total of 18 dealerships across the United States. The Vietnamese automaker has just signed deals for 12 more ....

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VinFast Allegedly Faked Its Sales Numbers, Its Vehicles Are Actually Rotting in the Fields

A Hunterbrook Media investigation shows that VinFast faked its sales numbers, with the vehicles being sold between several companies instead of real customers ....

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