Vietnam’s VinFast filed for an initial public offering (IPO) in the U.S. as the electric vehicle maker begins construction on a factory in North Carolina. Based on Autoblog, the share sale could raise around $2 billion. “At $2 billion, VinFast’s IPO would be the biggest ever by a Vietnamese company after Vinhomes JSC’s $1.4 billion first-time share sale in 2018, according to data compiled by Bloomberg.” It would also make them one of the few Vietnamese companies to list in the U.S. (Source: Autoblog) Read the original article.
