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VinFast gets $150 Million loan from Barclays for working capital
VinFast Auto .VinFast Auto .(US:VFS) BusinessLine·2025-09-15 16:35

Vietnam’s largest carmaker VinFast Auto Ltd. has secured a $150 million loan from Barclays Plc, as it advances expansion efforts to compete in the global electric vehicle market. Work on the three-year loan, obtained by the firm’s Singapore unit VinFast Auto Pte., is nearly complete, according to a spokesperson. The loan will be used to support the company’s working capital needs, the spokesperson said. Despite stiff Chinese competition and other challenges in the EV market, VinFast Auto — part of Vietnames ...