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VinFast Plans to Spin Off Vietnamese Local Factories to Shed Most of Its Debts
4 hour ago /
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Author：小编
Vietnamese automaker VinFast plans to sell two local factories, reducing its debt by approximately VND 182 trillion (USD 6.9 billion) to accelerate its path to profitability. After the restructuring, VinFast will be virtually debt-free, retaining only a small amount of liabilities. The company aims to achieve profitability in the Vietnamese domestic market by 2027, and this spin-off is a strategic pilot that will be expanded if successful.
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