🔴 Vingroup is trading 4.15% down today after VinFast paused development of three India programs

Vingroup is trading 4.15% down at VND 226,200 after reports that VinFast paused development of three India vehicle programs while reassessing costs.

• Reuters said the affected models include the VF 3, VF 6, and VF 7.
• VinFast clarified that current VF 6 and VF 7 assembly and sales continue.
• Vingroup’s proposed 400 billion-won bond issue adds financing scrutiny following its recent record-high share price.