VinFast raises $4 billion for its plant in US
Vietnamese electric-vehicle maker VinFast has signed agreements with Credit Suisse and Citigroup to raise $4 billion globally to fund its Carolina-based EV plant.
Vietnamese electric-vehicle maker VinFast has signed agreements with Credit Suisse and Citigroup to raise $4 billion globally to fund its Carolina-based EV plant.
While western banks are having limited presence in Vietnam, their Asian peers have greater interests in the country.
Investment projects by US companies have been instrumental to the development of Vietnam, helping local firms further integrate into global supply chains, said VCCI Chairman Vu Tien Loc.