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VNM: A Big Bet On Vingroup (BATS:VNM)

VNM: A Big Bet On Vingroup (BATS:VNM)
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Vingroup guards red-ink EV business by letting go of retail cash cow

Vingroup guards red-ink EV business by letting go of retail cash cow
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HANOI Vietnamese conglomerate Vingroup is selling off main businesses and planning stock market listings in a scramble to raise funds for its loss-

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Vincom Retail officially leave Vingroup, new investors appear

Vincom Retail officially leave Vingroup, new investors appear
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VinFast chief plans to invest USD 1 bn more from his fortune in EV maker, ET Auto

"I plan to give VinFast USD 1 billion from my own pocket," he said without specifying a time frame. Vuong is the chief executive of VinFast, in which he has a 97% stake in direct ownership and through companies he controls.

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