US DFC weighs $500m loan to Vietnamese EV maker VinFast

US DFC weighs $500m loan to Vietnamese EV maker VinFast

FILE PHOTO: A Vinfast electric vehicle store is shown at one of the company's retail locations in San Diego, California, U.S.,October 20, 2023. REUTERS/Mike Blake/File Photo

The United States International Development Finance Corporation (DFC) has signed a letter of interest with electric vehicles maker VinFast to consider the Vietnamese company’s application for a $500 million loan for expansion, VinFast said on Monday.

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