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...In 2021, Nguyen Thi Thanh Thuy jumped at an offer by Vietnam’s Saigon Joint Stock Commercial Bank (SCB) to invest in a new savings product offering high interest rates....
...Last week Vuong, who has ploughed some of his personal wealth into the company, took over as VinFast’s chief executive, swapping jobs with Le Thi Thu Thuy, whom the company said would “transition from her...
...Chief executive Le Thi Thu Thuy told the Financial Times the company would be profitable “in the next couple of years” and that it was “already break-even” in Vietnam but not outside the country....
...Many of these companies were “less ready”, VinFast chief executive Le Thi Thu Thuy said in an interview. “We started manufacturing vehicles five years ago, we have 20,000 EVs on the road....
...Chairwoman Le Thi Thu Thuy shared her reasons for optimism at the Nikkei and Financial Times’ Asia Green Tech Summit....
...Mitsubishi’s shares have risen 23.5 per cent so far this year....
...“We think that the EV market is wide open,” VinFast chief executive Le Thi Thu Thuy told the FT in her office in Hanoi....
...For 32-year-old Zac Hill and his wife Pham from Vietnam, who moved together to Yorkshire this year, reaching the savings target is unimaginable....
...“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....
...I don’t think Washington or Paris or the UN is quite ready to put this in the lost column.”...
...Asked if Paris might again contemplate an intervention, this time to restore democracy in Niger, Pham said: “Even for the French, those days are gone.”...
...A version of this article was first published by Nikkei Asia on November 23. ©2023 Nikkei Inc. All rights reserved....
...Owner Pham Nhat Vuong, Vietnam’s richest man, earlier this year pledged to provide $2.5bn to the company through grants and loans to help the business increase production....
...the canal could disrupt natural flooding, increase salinity and alter water flows in the agricultural and economic engine of the Mekong Delta, which already faces severe environmental challenges, said Pham...
...Pham Nhat Vuong, chair of VinFast Auto, has added billions of dollars to his net worth thanks to the success of the Vietnamese electric-vehicle maker’s New York listing....
...Hello everyone, this is Akito in Singapore with this week’s #techAsia. The year 2024 has gotten off to a very worrying start for those with family and friends in Japan....
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...VinFast has said it expects to sell 50,000 vehicles this year....
...And we were very pleased with the outcome,” Devermont told this week’s summit. “We’ve decided perhaps we’ll talk about this in private, going forward.”...
...The deal is expected to be completed in the second half of this year....
...The company’s so-called free float is just around 1 per cent with the rest held by Pham Nhat Vuong, Vietnam’s richest man....
...VinFast, controlled by billionaire founder Pham Nhat Vuong, merged with a special purpose acquisition company to secure the US listing....
...This is no easy task given the higher rates available elsewhere and shaken confidence in US banks. Pham, as chief executive of a start-up, is illustrative of this shift....
...Bloomberg said that the spectacular first-day pop “added $39bn to the net worth of the chairman Pham Nhat Vuong.”...
...If there is enough demand, “we will reclaim the land from the sea”, said Dung Bui Thi Thuy, a marketing executive....
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