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xavierprivas

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xavierprivas

Re: santafe2 post# 27816

Wednesday, 04/26/2023 11:23:00 AM

Wednesday, April 26, 2023 11:23:00 AM

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Vinfast needs the IPO to get money to build the plant in NC. Not likely to happen anytime soon, keep delaying IPO.
Vinfast is a subsidiary of Vingroup which racked up huge loss in real estate investing in VN. As a tourist, I just noticed in March '23 that a lot of subdivisions built by Vingroup are in ruins, with vine climbing all over the houses. Shade of GFC 2008.
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