Pham Nhat Vuong

Vietnamese e-vehicle maker Vinfast looks to $50 billion IPO

The quickly-growing Vietnamese auto manufacturer Vinfast says it is considering going public via an IPO in the US or a high-profile merger. With a focus on e-vehicles and plans to export to Europe and the US next year, the firm joins Grab and other innovative companies in Southeast Asia that have shown signs of major growth during the pandemic.