Vietnam’s biggest company, Vingroup, expands overseas as its home market slows
- Profits from Vingroup’s flagship real estate business have long funded its investments in diverse industries including automaking and technology.
- But Vietnam’s once sizzling property market is cooling, while its electric vehicle company VinFast is losing money.
Unverified
- Profits from Vingroup’s flagship real estate business have long funded its investments in diverse industries including automaking and technology.
- But Vietnam’s once sizzling property market is cooling, while its electric vehicle company VinFast is losing money.
Sources: ABC News