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Vingroup eyes $525-mln bonds to fund VinFast

Vingroup eyes $525-mln bonds to fund VinFast

Vingroup plans to issue $525 million worth of international bonds this month as part of its plans to raise $1.5 billion to fund its auto subsidiary VinFast. This is the first of two issuances the company has planned for this year. No further details are available yet. Last year, the …

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Manufacturing recovery continues in April

Manufacturing recovery continues in April

The manufacturing sector continued to expand in April as business conditions improved overall for a seventh successive month. The purchasing managers’ index (PMI) was 51.7 in April, unchanged from March but above the boom-or-bust line, the latest survey from S&P Global showed on Wednesday. Growth was the softest in the …

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