VinFast

Vingroup’s blistering rally has made it the biggest company within frontier markets, and one of the most expensive across Asia

Pham Nhat Quan Anh’s elevation signals a leadership transition in the country’s most powerful business empire

The EV maker initially targeted to have the factory up and running by Jul 1 this year

The majority of Vuong’s wealth is derived from Vingroup, his sprawling conglomerate

With the manufacturing unit off its books, the company will become largely debt-free, Vingroup says

The company will separate its manufacturing operations into a standalone company

The deal is expected to close in the third quarter of 2026

Manila’s cab industry is turning a volatile energy crisis into an opportunity for modernisation

Founder says Vietnamese carmaker’s Ebitda will break even by 2027, after cumulative losses of US$14.5 billion as at end-2025