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

The deal would facilitate the latest cash injection by billionaire Pham Nhat Vuong, Vietnam's richest person, to make VinFast ...

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

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

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

Vietnamese electric vehicle maker VinFast Auto Ltd. announced plans to spin off part of its research and development unit ...

Pham Nhat Vuong, the founder of electric vehicle company VinFast, has injected another $1.52 billion into the company by ...

VinFast’s founder is investing $1.52B USD to buy out the automaker's R&D division, in a bid to help the firm attain ...

VinFast will spin off certain research and development assets into a new entity, Novatech, and sell all its shares to founder ...