Vietnam's VinFast to raise $4B financing for EV plant from Credit Suisse, Citi

Vietnam's VinFast to raise $4B financing for EV plant from Credit Suisse, Citi

FILE PHOTO: Workers at Vinfast's auto plant on the occasion of its opening ceremony in Hai Phong city, Vietnam June 14, 2019. REUTERS/Kham

Vietnam carmaker VinFast has signed framework agreements with Credit Suisse (Singapore) Ltd and Citigroup Global Markets Inc. to raise at least $4 billion to develop an electric vehicle factory in North Carolina, the company said.

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