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Vietnam Investment Review3h

VinFast to receive additional $1.52 billion through spin-off of R&D assets

VinFast is set to receive another $1.52 billion from founder Pham Nhat Vuong, who has committed to buy the EV maker’s ...
electrive.com5h

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 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.

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.