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2023-12-04

Borrow more, die sooner

US DFC Weighs $500 Million Loan For Vietnam EV Maker VinFast

The US International Development Finance Corp., or DFC, signed a letter of interest with VinFast Auto Ltd. for a possible $500 million loan for the Vietnamese electric-vehicle maker to build a lithium-ion battery manufacturing facility in the Southeast Asian country.VinFast shares gained 2.6% in premarket trading Monday.The loan is subject to DFC’s comprehensive review and approval process, according to a VinFast statement. This is the first project in a series of sustainable transportation deve

US DFC Weighs $500 Million Loan For Vietnam EV Maker VinFast

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This is the first project in a series of sustainable transportation deve","content":"<html><head></head><body><p>The US International Development Finance Corp., or DFC, signed a letter of interest with VinFast Auto Ltd. for a possible $500 million loan for the Vietnamese electric-vehicle maker to build a lithium-ion battery manufacturing facility in the Southeast Asian country.</p><p>VinFast shares gained 2.6% in premarket trading Monday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a96065c1219f1e8362c3f6e92dba818c\" tg-width=\"843\" tg-height=\"622\"/></p><p style=\"text-align: start;\">The loan is subject to DFC’s comprehensive review and approval process, according to a VinFast statement. 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