The EV marker to spin off part of its R&D unit to a newly formed company, known as Novatech Research and Development SJC.

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

VinFast, a Vietnamese electric vehicle manufacturer, has rapidly established a new assembly plant in Tamil Nadu, India, ...

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

The development comes at a time when multiple key central government schemes to boost manufacturing in the EV sector have not ...