Two planned factory sales in Vietnam would let VinFast shed about 182 trillion dong, or $6.9 billion, in debt and obligations, the EV maker said.
The company said the restructuring would leave it "essentially debt-free," with only a small amount remaining, and could accelerate its path to profitability.
VinFast framed the asset spinoffs as a balance-sheet overhaul rather than an operating retreat, tying the disposals directly to debt reduction and financial cleanup.
Is VinFast's $6.9B debt shuffle a path to profit or a risky financial shell game?
Can an EV maker thrive without its own factories, or is this 'asset-light' model a desperate gamble?