A man stands next to a VinFast vehicle at the company’s plant in Hai Phong, Vietnam April 7, 2022. REUTERS/Thinh Nguyen
Vingroup is seeking partnerships with different financial institutions as it awaits updates on UBS’s takeover of Credit Suisse, an adviser on a planned US listing of the Vietnamese conglomerate’s electric-vehicle arm VinFast.
The Swiss bank has also been facilitating financing for the construction of a VinFast plant in America, according to the EV maker. Vingroup told Nikkei Asia the buyout of one Swiss bank by the other likely “will not have a negative impact on us”.
