The Latest Breaking News from VinFast

Thailand’s Central Group is said to be a possible candidate to acquire a stake in the shopping mall arm of Vingroup, Vietnam’s largest conglomerate, five sources told Reuters on Wednesday.

VinFast's North American expansion has been plagued by several delays and layoffs, so maybe with this latest development, VinFast will pick up the pace and increase its footing in the United States.

Vietnamese electric vehicle company VinFast has lost three of its sales executives, marking another potential setback for the EV startup that’s trying to ramp up deliveries to the United States – its first overseas market.

The original plan was to have the $4 billion facility in Chatham County, North Carolina operational by July 2024, but now the Vietnamese Vingroup cited a procedural delay.

Under the Kelo v. New London Supreme Court decision, a state can take private land to give to a private developer for almost any reason it wants.

VinFast imported 999 electric crossovers to the US last year. It has faced setbacks, but deliveries are now underway and will continue over the coming days.

Customers who have already paid a refundable deposit on the VF 8 City Edition will benefit from monthly lease rates as low as $274, but only in California.

Industrial policy has returned to government agendas across the developed and developing world. While the US Inflation Reduction Act has shocked America's Asian and European trading partners, the Biden administration's signature climate-change legislation is just the latest in a series of recent policies that seemingly fly in the face of…

VinFast is yet to sell a single vehicle in the United States, but it already issued a recall for its VF 8 all-electric crossover.

Billionaire Pham Nhat Vuong has no plans as yet to invest more into VinFast even though the firm falls behind on US factory construction plans and cuts staff.

With job cuts and first deliveries delayed, the Vietnamese company's future in the United States is not exactly shining.