3 stories tagged #Vingroup

  1. Vingroup Abandons Major LNG Power Plant Plan for Renewable Energy Shift
    finance

    Vingroup Abandons Major LNG Power Plant Plan for Renewable Energy Shift

    Vietnam's largest conglomerate proposes scrapping its planned LNG plant due to soaring fuel prices driven by Iran war, pivoting to a $25 billion renewable energy project.

    2mo ago 1 min read
  2. VinFast Q4 Loss Widens Amid U.S. Plant Pause, 2028 Soft Launch Targeted
    tech

    VinFast Q4 Loss Widens Amid U.S. Plant Pause, 2028 Soft Launch Targeted

    VinFast reported a $1.34B Q4 2025 net loss-46.5% wider YoY-driven by $235.6M impairment on its stalled North Carolina plant. EV deliveries surged 63% YoY; two-wheelers up 450%. Company targets 300K global EV deliveries in 2026 and U.S. plant restart this year.

    2mo ago 1 min read
  3. VinFast Q4 Loss Widens to $1.34B Amid U.S. Plant Restart and EV Sales Surge
    tech

    VinFast Q4 Loss Widens to $1.34B Amid U.S. Plant Restart and EV Sales Surge

    Vietnamese EV maker VinFast posted a $1.34 billion Q4 2025 loss-up 46.5% year-on-year-amid aggressive customer incentives and global expansion, including resuming its North Carolina plant this year.

    2mo ago 1 min read