Francesco Guarascio
Stories by Francesco Guarascio
VinFast’s losses put parent Vingroup in a spot as foreign investors drive out
Pressure mounts on Vietnam's Vingroup as Moody's and Fitch downgrade Vinhomes' debt to junk.
Singapore’s Keppel in talks with Vietnam’s Sovico for new undersea cables
It would cost $150 million.
US tech firms warn Vietnam against tighter rules on data centres, social media
Vietnam, with a population of 100 million, is one of the world's largest markets for Facebook.
Vietnamese EV maker VinFast to delay $4b US plant again
The company had initially planned to complete the factory in July 2024 but later pushed it back to 2025.
Vietnam mounts ‘unprecedented’ $24b rescue for fraud-hit lender
The new information also described the situation as “unprecedented” for the massive volume of the cash injections.
Vietnamese EV maker VinFast’s heavy losses weigh on parent Vingroup
VinFast lost a combined $5.7b over the past three years.
Dutch firms eye chip-making in Vietnam amid China tensions
Initial known investments are not large but signal a shift to reduce reliance on China as a hub for exports.
VinFast to deliver EVs to Europe this year as EU probes China rivals
Europe could become VinFast's biggest overseas market this year.
Vietnam’s top tech firm FPT eyes expansion in AI, no US listing plans for now
FPT has orders for nearly 70 million chips through 2025.
US, Vietnam tech giants hold business summit during Biden visit
Senior executives from Google, Intel, Amkor, Marvell, GlobalFoundries, and Boeing attended.
