VinFast restructures with transfer of Novatech shares worth US$1.6 billion to founder

Jingyue Hsiao, DIGITIMES Asia, Taipei Wednesday 20 August 2025 0

Credit: AFP

On August 14, 2025, VinFast Auto announced a restructuring plan that will spin off certain research and development assets into a newly formed entity and subsequently transfer ownership to founder and CEO Pham Nhat Vuong. The move underscores the founder's...

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