VnExpress News The News Gateway of Vietnam

VinFast had shipped its first batch of 999 cars to the U.S., capping a five-year bid to develop an auto production hub in Vietnam for markets in North America and Europe. The first cars are expected to be handed over to customers by the end of December, the company said. …

Only 38 townhouses and villas were sold in the southern region in October despite discounts of up to 50%, down 89% year-on-year. Property consultancy DKRA Vietnam’s s report on townhouses and villas in HCMC and the provinces of Binh Duong, Dong Nai, Long An, Ba Ria-Vung Tau, and Tay Ninh …

Vietnam’s fourth-biggest listed property developer Novaland said Citigroup has converted $1 million worth of its five convertible bonds into around 271,000 shares of the company. The conversion price, according to a Novaland statement dated November 22, was at VND85,000 ($3.42), while shares were trading at VND21,950 as of 0431 GMT …