The most read Vietnamese newspaper
Edition: International | Vietnamese
© Copyright 1997 VnExpress.net. All rights reserved.
Get VnExpress first in Google Search
See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
The company seeks to raise at least $1 billion in its initial public offering, which it has discussed with prospective investors, Bloomberg reported, citing people familiar with the matter.
It has filed confidentially for an IPO in the U.S. in April.
VinFast considers the U.S. a key market in its plan to become a global manufacturer of electric vehicles. It has signed a deal with North Carolina to build a $2-billion plant to produce electric buses, cars and auto batteries.
VinFast plans to ship 5,000 electric vehicles to the U.S., Canada and Europe this month and deliver them to customers in December.
