Vingroup

The EV maker is planning to restructure into a more asset-light company

It is preparing a private placement of Korean won bonds to diversify access to international capital

Its satellites will launch on a SpaceX Transporter rideshare mission in 2027

The financing was structured through convertible dividend preference shares, that pay dividends with the option to convert to equity

Project part of US$35 billion Olympic city, amid Vietnam’s infrastructure push

Electric vehicle sales remain sluggish in the United States and some other countries

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