Phuong Nguyen
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...
Chinese solar firms, ever-nimble, go further afield where US tariffs don’t reach
Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S....
Vietnamese EV maker VinFast reports wider sequential gross loss
VinFast, which started delivering cars in California last year, reported a gross loss of $224 million in the April-to-June period.
Vietnam’s VinFast delays US electric car plant amid market slowdown
VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 amid uncertainties in the global EV market.
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.
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"
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...
