VinFast divests mfg unit in $530M restructuring deal
VinFast has announced a major restructuring exercise involving its manufacturing business in Vietnam in a deal worth approximately US$530 million (approximately VND 13.3 trillion). The move aims to improve capital efficiency, reduce debt burden and help the EV maker move towards profitability faster.As part of the restructuring, VinFast will separate its manufacturing operations in Vietnam…