Business deals

Vingroup signs deal with Qatar fund to seek potential $1bn investment in EVs

Partnership aims to accelerate VinFast's global expansion

20250304 VinFast VF6

A VinFast VF 6 is displayed at an auto show in New Delhi on Jan. 18: The Vietnamese EV maker is aiming for double digit growth in unit sales this year. © Reuters

Nikkei staff writers
March 4, 2025 17:44 JST

TOKYO -- Vietnamese electric vehicle maker VinFast aims to form a partnership with an investment fund in Qatar to accelerate its global expansion. 

The conglomerate Vingroup, parent company of Nasdaq-listed VinFast, announced Tuesday that it had signed a memorandum of understanding with JTA Investment Qatar.

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