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Vinfast Will Sell R&D Assets To Its Founder, Shore Up Finances

The automaker's founder will supply $1.5 billion in cash via the newly created Novatech Research and Development.

Vietnam’s EV Maker VinFast To Sell R&D Assets To Billionaire Founder For $1.5 Billion

The deal would facilitate the latest cash injection by billionaire Pham Nhat Vuong, Vietnam's richest person, to make VinFast ...
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Founder backs VinFast with R&D acquisition

The Vietnamese EV manufacturer VinFast is restructuring. Certain research and development assets will be transferred to a ...

VinFast to spin off assets in $1.5 billion deal with founder

The EV marker to spin off part of its R&D unit to a newly formed company, known as Novatech Research and Development SJC.

VinFast founder to inject another $1.5 billion in exchange for R&D assets

VinFast's founder Pham Nhat Vuong has agreed to buy the EV maker's research and development arm for $1.52 billion, his latest ...