VinFast Founder to Invest $1.5 Billion for R&D Assets in Strategic Move
VinFast stands at a key point in its growth. Pham Nhat Vuong, the founder, plans to buy the company’s R&D arm for $1.52 billion. This deal aims to boost cash flow and help VinFast break even by 2026. The move involves spinning off assets into Novatech Research and Development JSC. Vuong will pay nearly 40…