HO CHI MINH CITY -- Vietnam's VinFast signed deals with Credit Suisse and Citigroup to help raise roughly $4 billion in a mix of debt and equity to fund plans to make electric vehicles and batteries in the U.S. state of North Carolina.
Automobiles
Vietnam's VinFast to raise $4bn to make EVs, batteries in U.S.
Deals with Credit Suisse, Citigroup come ahead of planned IPO
A VinFast car on display in Ho Chi Minh City: The carmaking unit of conglomerate Vingroup aims to build an EV plant in the U.S. and list on the stock market there. (Photo by Lien Hoang)
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