Vingroup eyes $2 bln from VinFast IPO in US

13/04/2021 08:31 11

Vingroup eyes $2 bln from VinFast IPO in US


Vietnam’s largest private company, Vingroup, is considering an initial public offering of shares in its auto subsidiary VinFast in the U.S. to raise around $2 billion. -

The IPO could take place as soon as this quarter, and could raise up to $3 billion, Bloomberg reported, citing sources.

It has acquired licenses to test autonomous vehicles in the U.S. and plans to sell it vehicles there.

Summary content from


"Tin tức 1" shows summary content only. Please view full content from Báo VNExpress at: https://e.vnexpress.net/news/business/companies/vingroup-eyes-2-bln-from-vinfast-ipo-in-us-4261972.html

View Latest News at Homepage or select Topic

Update all News on Báo VNExpress or select topic Business

Download Vietnam News Android App