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 ...

The deal would be the latest cash injection by billionaire Pham Nhat Vuong to make loss-making VinFast a viable player in the ...

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

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 ...

An update from VinFast Auto ( ($VFS) ) is now available. On August 14, 2025, VinFast Auto Ltd. announced a strategic restructuring plan involving ...

VINFAST AUTO LTD - SPIN-OFF OF NEW COMPANY FROM VINFAST TRADING AND PRODUCTION JSC AND SHARE TRANSFER OF NEW COMPANY TO PHAM NHAT VUONG * VINFAST AUTO LTD - VFTP TO REMAIN DIRECT UNIT OF CO AND ...

Vietnamese electric vehicle maker VinFast Auto Ltd. announced plans to spin off part of its research and development unit ...

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

VinFast will spin off certain research and development assets into a new entity, Novatech, and sell all its shares to founder ...