The Business Times

Vingroup

ASEAN Business

Vingroup seeks US$500 million private credit for EV charging ports

VinFast's factory in Hai Phong, Vietnam
ASEAN Business

Vingroup’s 10 trillion dong steel venture to supply materials for rails, EVs, real estate

Pham Nhat Vuong has already pumped more than US$2 billion of his own money into the EV maker and has said that he’s willing to support it until his money runs out.
Transport & Logistics

VinFast plans US plant in 2028 as it seeks equity backers

Pham Nhat Vuong expects VinFast to break even at the end of next year.
ASEAN Business

Vietnam’s richest man shifts strategy after US$14 billion bet on EVs

VinFast reported a net loss of US$712.4 million for the first quarter, less than the US$1.3 billion loss in the previous quarter but 15 per cent more than a year earlier.
Transport & Logistics

EV maker VinFast’s Q1 loss widens on higher spending as deliveries rise

Vinschool is a K-12 education system, operating under and funded by its parent company, Vingroup.
ASEAN Business

Vingroup seeks private loan to buy KKR’s stake in Vinschool

Vietnam plans to begin construction of the US$67 billion high-speed railway in 2026 and put it into operation from 2035. The bullet train will travel about 1,500 kilometres across 20 cities and provinces at a speed of 350 kilometres an hour.
ASEAN Business

Vingroup-backed VinSpeed wins initial backing for US$61.3 billion express rail project

VinFast has been bleeding cash since it shipped its first vehicles to the US in late 2022.
ASEAN Business

Vietnam’s VinFast to open India factory on Jun 30, Indonesia plant in October

Vingroup recorded a net profit of 5.25 trillion dong (S$274 million) in 2024, up 155 per cent from the preceding year and exceeding its target.
ASEAN Business

Vietnam’s Vingroup proposes up to US$30 billion in power projects by 2030

Startup VinFast is pursuing an aggressive but costly expansion strategy in Vietnam, where it can rely on a growing market of nearly 100 million people.
ASEAN Business

Vingroup signs deal for potential Qatar fund investment of US$1 billion in VinFast

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