May 16, 2026 at 3:45 AM UTC
VinFast Auto Ltd. said its planned sale of two Vietnamese factories will enable the electric vehicle maker to shed about 182 trillion dong ($6.9 billion) in debt and obligations while potentially speed its path toward profitability.
“After restructuring, VinFast will essentially be debt-free, with only a small amount remaining,” the company said in an emailed statement responding to Bloomberg’s questions.
Extracted and lightly reformatted for readability. · Source: en