VinFast shares expected to debut on Nasdaq next week
Vietnamese electric vehicle maker VinFast says its ordinary shares and warrants are expected to begin trading on the Nasdaq under the new ticker symbols “VFS” and “VFSWW,” respectively, on or around August 15.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
EV maker VinFast builds $4 bln US complex, gets nod for US listing
Vietnamese electronic vehicle (EV) maker VinFast announced Friday it plans a stock market listing in the U.S. next month and broke ground the same day on its $4 billion EV and battery manufacturing complex in North Carolina.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast EVs showcased in Israel prior to exports
Israeli car distributor B-EV Motors has introduced electric vehicles (EVs) made by Vietnamese carmaker VinFast in Tel Aviv ahead of official exports to be announced at a later date.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam EV startup VinFast to break ground for US factory next week
Vietnamese electric vehicle startup VinFast will hold a groundbreaking ceremony for a major factory in North Carolina in the U.S. on July 28, the producer said on Wednesday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Three sales executives leave Vietnam carmaker VinFast: Reuters
Three senior sales and customer-service executives left Vietnamese electric vehicle producer VinFast this week, Reuters reported.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast reschedules US electric car facility operation till 2025
Vietnam's carmaker VinFast is set to open its North Carolina electric vehicle and battery manufacturing complex in 2025 instead of 2024 as originally planned.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast founder has no plans to add money to the EV maker: Bloomberg
Vietnam’s Forbes-listed billionaire Pham Nhat Vuong does not plan to inject his own money into electric vehicle startup VinFast even as the unit car founded by him has seen its factory construction plans in the U.S. behind schedule, Bloomberg reported Tuesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam aims for more in global battery supply chain
Battery manufacturing either in Vietnam or outside by Vietnamese firms signals that the country is seeking to catch up with the strong global demand for advanced batteries like those reliant on lithium.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam carmaker VinFast files for US IPO to expand global footprint
Vietnamese electric vehicle maker VinFast has filed for an initial public offering (IPO) in the U.S. where it plans to build a manufacturing complex in North Carolina while promoting sales in the global market.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast to deliver EVs in US, Canada, Europe this December
VinFast is set to make its first global delivery in December as it plans to ship about 5,000 EVs to the U.S., Canada, and Europe this November, the Vietnamese electric vehicle startup said Saturday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vingroup subsidiary to buy EV battery separators from Korea’s SKIET
SK IE Technology (SKIET), a member of South Korea’s SK Group, has signed an agreement to supply electric vehicle battery materials to a Vingroup subsidiary.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
VinFast gets $1.2 bln incentive package for North Carolina car complex
Vietnamese carmaker VinFast has secured a $1.2 billion incentive package from the State of North Carolina for its electric vehicle manufacturing project in the U.S., the Vietnamese EV startup announced Friday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vingroup sees golden opportunity for VinFast EVs: Chairman
The big shortage of electric vehicles is a golden opportunity for VinFast to conquer the global market and build its brand, said Pham Nhat Vuong, Chairman of Vingroup, the automaker's parent company.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam car maker VinFast to build $4 bln EV plant in US
VinFast, a subsidiary of Vietnam’s biggest private group Vingroup, will build a $4 billion electric vehicle and battery manufacturing facility in North Carolina, the US this year.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory