VinFast, a global electric vehicle (EV) manufacturer originating from\nVietnam, has announced a restructuring plan aimed at improving\nefficiency and strengthening its long-term growth strategy. Through this\nscheme, VinFast is projected to be relieved of most of its debt burden,\nthereby creating a more stable business foundation.<\/p>\n
This restructuring is being carried out through the acquisition of\nsome assets from VinFast Vietnam, including two manufacturing facilities\nin Vietnam, by Future Investment Research and Development JSC, with the\nparticipation of VinFast\u2019s founder, Pham Nhat Vuong, for VND 13.3\ntrillion. However, vehicle production will continue through an\noutsourcing scheme to the buyer based on orders from VinFast.<\/p>\n
\u201cAfter the transaction is completed, the manufacturing entity will\ncontinue to produce vehicles based on orders from VinFast,\u201d said VinFast\nDeputy CEO Thai Thi Thanh Hai in an interview with Vietnamese business\nmedia, CafeF.<\/p>\n
Along with this transaction, the buyer will also take over most of\nVinFast\u2019s obligations and financial burdens, which amount to\napproximately VND 182 trillion as of March 31, 2026. As a result,\nVinFast is projected to have only a relatively small amount of remaining\nliabilities.<\/p>\n
VinFast will continue to operate various operations outside the\nglobal manufacturing sector, such as product research and development\n(R&D), vehicle design, business operations, and after-sales\nservices. The entire sales system, warranty, after-sales service,\ntechnical standards, and customer service will remain operational and\ncontinue to be improved under VinFast\u2019s management.<\/p>\n
\u201cThere will be no impact on product quality. The company\u2019s factories\nwill continue to produce vehicles for VinFast according to current\nstandards, and VinFast will continue to implement strict quality control\nover all products before they reach consumers,\u201d said Thai Thi Thanh\nHai.<\/p>\n
With this new structure, Thai Thi Thanh Hai said that investors\nshould not be concerned. This is because the parent company, Vingroup,\nwill no longer have to bear approximately 50 percent of VinFast\u2019s debt\nin proportion to its ownership. Through this restructuring, VinFast will\nbecome a valuable asset that is projected to make a significant\ncontribution to the group, in line with the target of profitability\nstarting in 2027. \u201cAt the same time, VinFast can also optimize financing\ncosts and depreciation expenses,\u201d she said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/strategic-restructuring-vinfast-strengthens-long-term-value-for-customers-1780576089", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }