Vietnam's VinFast seeks to raise at least $400m via first green loan

Vietnam's VinFast seeks to raise at least $400m via first green loan

FILE PHOTO: Workers at Vinfast's auto plant on the occasion of its opening ceremony in Hai Phong city, Vietnam June 14, 2019. REUTERS/Kham

VinFast, the auto arm of Vietnam’s largest conglomerate Vingroup JSC, plans to raise at least $400 million via its first green loan to fund the manufacturing of electric vehicles, Vingroup’s Vice Chairwoman Le Thi Thanh Thuy said on Friday.