"Prepare enough 'ammunition' for global expansion! VinFast (VFS.US) receives $1.5 billion loan from Barclays Bank"

According to the Choicest Financial APP, Vietnam's largest car manufacturer VinFast Auto (VFS.US) has obtained a $150 million loan from Barclays Bank to drive its expansion and competition in the global electric vehicle market. It is reported that this three-year loan is obtained by VinFast Auto's Singapore subsidiary, VinFast Auto Pte. The loan is almost completed and a spokesperson for VinFast Auto stated that the funds will be used to support the company's working capital needs.