VinFast inks deal with US fund Yorkville for up to $1b share subscription

VinFast inks deal with US fund Yorkville for up to $1b share subscription

FILE PHOTO: VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S., March 1, 2023. REUTERS/Lisa Baertlein/File Photo

Reuters

20 October, 2023

Vietnamese electric vehicle (EV) maker VinFast said on Friday it has entered into a share subscription of up to $1 billion with US-based fund Yorkville Advisors as it seeks to fund expansion in overseas markets.

LordstownVinfastYorkville

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