On August 14, 2025, VinFast's founder, Pham Nhat Vuong, agreed to acquire the electric vehicle maker's research and development (R&D) arm for $1.52 billion. This transaction represents his latest cash injection into the company.
This significant capital infusion is intended to bolster VinFast's financial reserves as it strives to achieve gross margin breakeven by the end of 2026. The move provides crucial liquidity to support the company's ambitious growth strategy and ongoing operational needs.
The acquisition of R&D assets by the founder is a strategic financial maneuver that demonstrates continued strong support for VinFast. It allows the company to monetize its R&D capabilities while securing essential funding for its future development and expansion.
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