What Lies Behind The Misinformation Regarding Vingroup?

Vingroup has filed lawsuits against 68 individuals and organizations for disseminating false information regarding the company’s financial status. Despite rumors of a debt of 800 trillion VND, actual financial debt comprises only around 29% of total assets, approximately 283 trillion VND, and Vingroup demonstrates strong debt repayment capability with over 74 trillion VND in cash. The principle of ‘borrowing what can be repaid’ is clearly followed, with timely bond debt payments that bolster investor confidence. Vingroup strategically utilizes bonds to optimize its debt structure. With VinFast’s significant growth in electric vehicle production and projected sales increase, Vingroup asserts its leading position in Vietnam, with expected pre-tax profits reaching 20.1 trillion VND in 2025, driven by core business activities and recovery in the real estate market.

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