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In the initial public offering, the company sold some 391 million shares to about 30,000 investors, defrauding them of 3.6 trillion Vietnamese dong (about $144 million) according to the indictment.
Approximately 50 trillion dong ($1.97 billion) of the new funding is expected to come from VinFast's founder, tycoon Pham Nhat Vuong, according to a company statement. ... Vingroup, one of Vietnam ...
Its revenue in the first half of this year rose 30.3% from a year earlier to 4.3 trillion dong ($170 million), its financial statement showed, while its net loss shrank 51% to 585.8 billion dong.
In response to increasing pressure on the Vietnamese dong as a result of high inflation in the US, on October 17, 2022, the decision was made to increase the dong's trading band from 3 to 5 percent. As a result, from October 16 to October 24 the currency lost 2.98 percent of its value falling from 24,135 to 24,845 Vietnamese dong to the dollar ...
Viễn Đông Daily News (Vietnamese: Nhật báo Viễn Đông, lit. 'Far East Daily News') is one of the three largest Vietnamese-language newspapers published seven days a week by Vietnamese overseas. [1] Founded in 1993, its headquarters is situated in the Little Saigon neighborhood of Westminster, California.
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It is an affiliate of the Người Việt Daily News. Người Việt Tây Bắc translates to the” Vietnamese people of the Northwest.” [1] The paper publishes news stories about social issues, the economy, politics, and culture relevant to overseas Vietnamese in the United States, particularly in Washington.
In 2022, VinGroup earned 12.8 trillion Vietnamese dong in profit, equal to about $535.7 million, on about 102 trillion dong, or almost $5.3 billion, in total revenue. For now, VinFast is a small ...