Reuters
HONG KONG (Reuters Breakingviews) – Vietnam’s Tesla wannabe is speeding up. Carmaker Vinfast will stop making internal combustion engine models by the end of 2022 and aims to sell overseas as it goes all-electric. Its ambition to motor towards a 2022 U.S. listing, which Refinitiv publication IFR says could raise up to $3 billion, combines the clout of a powerful parent with potential for a shift to new energy vehicles in its fast-growing neighbourhood.
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