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

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

HANOI: VinFast Auto Ltd is poised to raise about US$1.5 billion by selling certain research and development assets to its ...

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 ...

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

Vietnamese electric vehicle maker VinFast Auto Ltd. announced plans to spin off part of its research and development unit into a newly formed company, which will then be sold to the automaker’s ...

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.

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

HANOI] Vietnamese electric vehicle maker VinFast Auto announced plans to spinoff part of its research and development unit ...

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