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...The EV producer, founded and run by Vietnam’s richest man Pham Nhat Vuong, said it intended to commit $500mn in the first phase of the project and would begin building the plant in Thoothukudi in the southern...
...The company is the automotive unit of Vietnam’s largest private conglomerate, Vingroup, owned by billionaire Pham Nhat Vuong....
...VinFast’s billionaire founder Pham Nhat Vuong owns about 99 per cent of its shares, leaving only a small amount available for trading....
...“Vingroup and our chair will always support VinFast,” Le Thi Thu Thuy, the carmaker’s chief executive, told the Financial Times prior to its listing....
...“We think that the EV market is wide open,” VinFast chief executive Le Thi Thu Thuy told the FT in her office in Hanoi....
...“That’s the fundamental, contradictory” choice for Vietnam, said Huong Le Thu, principal fellow at the think-tank Perth USAsia Centre, in an interview....
...“Vietnam is positioning itself in tech and [supply chains] quite successfully,” said Huong Le Thu, principal fellow at the think-tank Perth USAsia Center....
...Le Trong Hung, another arrested dissident, is due to be sentenced on December 31. Follow on Twitter: @JohnReedwrites...
...The international push is a high-profile effort for Vingroup, which was founded by Pham Nhat Vuong, Vietnam’s richest man....
...Additional reporting by Pham Hai Chung in Hanoi and Clive Cookson in London Follow on Twitter: @JohnReedwrites...
...Prime Minister Pham Minh Chinh, named in February in the communist party’s five-yearly leadership reshuffle, and his new government are hastening to secure and administer more vaccines and get the economy...
...“Hanoi’s GDP growth target of 6.5 per cent certainly cannot be reached in 2021,” Le Dang Doanh, an independent Hanoi-based economist, told Nikkei Asia....
...It is an extraordinary leap of faith and confidence on the part of Pham Nhat Vuong, Vingroup’s founder and Vietnam’s richest man, who is ploughing $2bn of his own money into the car business....
...“Until now, the coronavirus cases in Vietnam remain at a low rate with no deaths,” Le Thi Thu Hang said....
...Vy Le, co-founder of Do Ventures, said the country must capitalise on this moment....
...Barclays has recruited Gauthier Le Milon as head of mergers and acquisitions in France. He joins from BNP Paribas, where he headed Emea dealmaking....
...The oldest was Le Trong Thanh, a 44-year-old man from Dien Chau....
...john.reed@ft.com Pham Hai Chung in Hanoi contributed to this article * This article has been amended to show the index arbiter is MSCI...
...Additional reporting by Pham Hai Chung in Hanoi Follow on Twitter: @JohnReedwrites...
...“When we started 15 years ago, we were one of the few [private, start-up] companies,” Le Hong Ming, said co-founder and chief executive of gaming and media company VNG, Vietnam’s first unicorn....
...Le Quy Quynh, Vietnamese ambassador to Malaysia, told reporters he appreciated that Ms Huong would be released soon, but added: “I want to emphasise that she is a victim like the Indonesian.”...
...Le Quy Quynh, Vietnam’s ambassador to Malaysia, told reporters he was “disappointed” with Thursday’s proceedings and that Hanoi would continue talks with Kuala Lumpur to ask for Ms Huong’s release....
...In April, police arrested Pham Nhat Vu, Vuong’s brother, on suspicion of bribery in a telecoms scandal....
...Le Thu Hang, a foreign ministry spokeswoman, told the Financial Times that she “hoped that the Vietnamese side can share their experiences” in achieving “sustainable development goals”....
...On Thursday evening, a court in the capital Hanoi sentenced Nguyen Van Dai, Le Thu Ha, Pham Van Troi, Nguyen Trung Ton, Nguyen Bac Truyen, and Truong Minh Duc under charges of “activities aimed at overthrowing...
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