Yorkville Advisors is an investment management firm based in the United States with over 20 years of experience in investing in publicly traded companies. The firm’s investment approach focuses on evaluating the management team, fundamental factors of the business, and stock market indicators.
Under the agreement, VinFast has the option to request Yorkville to purchase up to $1 billion worth of common shares of VFS at any time within a 36-month period.
Earlier, in April 2023, Mr. Pham Nhat Vuong announced a personal contribution of up to 24,000 billion VND (equivalent to $1 billion) to VinFast from his personal assets. In addition to Mr. Vuong’s contribution, Vingroup Corporation, which he founded, also announced a non-repayable sponsorship of up to 12,000 billion VND (equivalent to $500 million) and a loan of up to 24,000 billion VND (equivalent to $1 billion) to support VinFast’s global expansion plans.
Anh Quan (forum.autodaily.vn)
Over 32,000 members celebrate VinFast Global Community’s birthday
The week-long global VinFast Community Birthday Celebration (7-14/10) was a lively series of events that took place from the North to the South, creating unforgettable moments and memories for all participants. It affirmed the position of VinFast as a sophisticated and tightly-knit community of car owners, unrivaled in Vietnam.