Vietnam carmaker VinFast to get $500 mln loan from US development institution

Vietnam carmaker VinFast to get $500 mln loan from US development institution

Vietnamese electric vehicle maker VinFast and the U.S. International Development Financial Corporation (DFC) have signed a letter of interest (LoI) to consider a formal application by VinFast for a $500 million loan to establish a lithium-ion battery manufacturing facility in Vietnam.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7