Home VinFast Trading and Production Joint Stock Company VinFast Trading and Production Joint Stock Company In brief Established in 2017 by Vingroup JSC, VinFast is Vietnam’s leading automotive manufacturer and the only domestic, home-grown brand in the car and motorcycle market.The Company has established a strong reputation in electric vehicles. It is, with the support of USD 135 million syndicated debt arranged by ADB, expanding its electric bus manufacturing operations and charging network. Main development impact Hanoi and Ho Chi Minh City are Southeast Asia's 15 most polluted cities. The main cause of emissions is cars and motorbikes. The c. 200 e-buses on the road by the end of 2022 will avoid 11 tons of PM2.5 and 1,400 tons of NOx air pollution emissions over their lifetime. VinFast employs 5,975 employees and is looking to add a further 8,000 high-quality manufacturing jobs by 2026. Investment details Name: VinFast Trading and Production Joint Stock Company Project number: 80000404 Region: Asia Country: Vietnam Sector: Other sector Signing date (month/year): October 2022 Currency: USD Finnfund's financing (commitment): 15,000,000 Instrument: Loan Size of the project financing: USD 135,000,000 Share of Finnfund's financing (%): 11 % Status: Active Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.October Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: VinFast Trading and Production Joint Stock Company Sector: Other sector Region: Asia Country: Vietnam Currency: USD Finnfund's financing (commitment): 15,000,000 Signing date (month/year): October 2022 Last update: 13 December 2024