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Companies

Vietnamese automaker VinFast files for IPO in U.S.

Move follows Vingroup unit's plan to build EV factory in North Carolina

Automaker VinFast is poised to become the first major Vietnamese company to list in the U.S.    © Reuters

HO CHI MINH CITY -- VinFast, the automobile unit of Vietnam's biggest conglomerate, has registered for an initial public offering in the U.S., where its plans for aggressive investment have earned a tweet of kudos from President Joe Biden.

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