Published 10 days ago

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

Summary by Devdiscourse

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

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Devdiscourse

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

10 days ago

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WTVB

VinFast chief planning to invest another $1 billion of his fortune in EV maker

HANOI (Reuters) – Vietnamese billionaire Pham Nhat Vuong said on Thursday he had plans to support Nasdaq-listed electric vehicle maker VinFast with an additional $1 billion from his own fortune, and was also considering listings for other companies he owns. Speaking at a shareholder meeting of Vingroup, the conglomerate he chairs, Vuong said he could further expand investments in loss-making VinFast after he and Vingroup had poured into the …

10 days ago

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