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EV maker VinFast's losses heap pressure on parent Vingroup as foreign investors sell
Pressure on the company, a household name in Vietnam with businesses spanning autos, real estate, retail and resorts, intensified this month as Moody's and Fitch gave 'junk' ratings to the debt of Vingroup's most profitable unit, real estate firm Vinhomes, as well as to its planned USD 500 million international bond sale.
Pressure on the company, a household name in Vietnam with businesses spanning autos, real estate, retail and resorts, intensified this month as Moody's and Fitch gave 'junk' ratings to the debt of Vingroup's most profitable unit, real estate firm Vinhomes, as well as to its planned USD 500 million international bond sale.
