Friday, 21 February 2025
Home Author Francesco Guarascio

Francesco Guarascio

FILE PHOTO: VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S.,  March 1, 2023. REUTERS/Lisa Baertlein/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsTrade

EV maker VinFast’s losses heap pressure on parent Vingroup as foreign investors sell

By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Vietnamese conglomerate Vingroup is facing renewed scrutiny on its strategy of backing loss-making electric...

A generic view of Hoa Binh Hydropower Plant, state utility owned by Electricity of Vietnam, in Hoa Binh province, Vietnam, June 4, 2024. REUTERS/Francesco Guarascio
AnalysisClimateCoalElectricityFuelInfrastructureNewsNuclear Fusion

Analysis-Vietnam eyes greener power but banks on coal to avert blackouts

Vietnam's state-run electricity provider is trying to avoid a repetition of last year's blackuts

FILE PHOTO: VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S.,  March 1, 2023. REUTERS/Lisa Baertlein/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

VinFast considers delaying $4 billion US plant, source says

Struggling Vietnamese EV manufacturer VinFast could push back opening of long-awaited North Carolina factory yet again.

A VinFast sales location is pictured at a shopping mall in Santa Monica, California, U.S., May 23, 2022. REUTERS/David Swanson/File Photo
CourtsElectric Vehicles (EVs)News

VinFast sued in the US for not paying rent for showroom

Vietnam's EV maker VinFast is being sued for not having paid rent for a store, according to a complaint filed by SPG Center...

FILE PHOTO: The Foxconn logo is seen in this illustration taken, May 2, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityNews

Apple supplier Foxconn asked to cut power use in Vietnam

Vietnamese officials have called on Foxconn to voluntarily reduce power use by 30% at its assembly plants in the north of the country.

FILE PHOTO: A VinFast electric taxi operated by Vietnam-based fleet operator Green SM is pictured in Hanoi, Vietnam, October 10, 2023. REUTERS/Thinh Nguyen/File Photo
BusinessElectric Vehicles (EVs)News

VinFast chief planning to invest another $1 billion in EV maker

Billionaire will shore up loss-making VinFast as he vows: "I will not give up"

AutomotiveBusinessElectric Vehicles (EVs)News

Vietnam EV maker VinFast’s challenges escalate risk for parent Vingroup

As Vietnam's biggest conglomerate Vingroup doubles down on its electric vehicle business with ambitious global expansion plans, it faces growing financial risks stemming...

Login into your Account

Please login to like, dislike or bookmark this article.