Vingroup
3 stories
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financeVingroup 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.
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techVinFast 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.
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techVinFast 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.