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VinFast Restructures with $1.2 Billion Property Acquisition from Founder

Vietnam

VinFast Restructures with $1.2 Billion Property Acquisition from Founder

VinFast, the electric vehicle maker founded by Pham Nhat Vuong, is set to acquire a property firm for $1.2 billion as part of a broader restructuring strategy to enhance its financial health after years of losses.

By Khoi Nguyen17 September 2026

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