We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
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Amid increasingly challenging global market conditions, electric vehicle (EV) maker VinFast stated on 12 November 2024 that it has secured Vietnamese Dong 35tr (US$1.4bn) in funding from its parent company Vingroup. It will also receive a personal pledge of Vietnamese Dong 50tr from Chairman Pham Nhat Vuong, who is the majority (97.9%) shareholder. Through this cash injection, VinFast hopes to improve its cash flow and break even by 2026.
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