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The U.S. Bank will provide financing and leasing solutions for VinFast vehicles at VinFast showrooms and via the VinFast website. (Photo: VinFast) Hanoi (VNA) – VinFast on February 7 announced U.S. Bank (listed as US B on New York Stock Exchange) has been chosen as its preferred provider of retail financing and leasing of VinFast vehicles in the US. The announcement comes as VinFast - a Vietnamese electric car producer - is preparing to open more showrooms in California, and develop plans for more locations around the country soon. Under the partnership, the bank will officially provide financing and leasing solutions for VinFast vehicles at VinFast showrooms and via the VinFast website. Le Thi Thu Thuy, Vingroup Vice Chair and CEO of VinFast Holdings, said that with the goal of making electric vehicles accessible to everyone, VinFast is constantly looking for optimal solutions for customers. Thanks to this agreement, VinFast customers will have access to competitive … [Read more...] about U.S. Bank chosen to provide financing solutions for VinFast electric car users

A VinFast VF8 model on the road in the US. — Photo courtesy of the company VinFast on Monday announced US Bank has been chosen as its preferred provider of retail financing and leasing of VinFast vehicles in the United States. US Bank is a trusted lender for vehicle finance and leasing, serving millions of customers through consumer and business banking, payment services, corporate and commercial banking and wealth management and investment services. Under the partnership, US Bank will officially provide financing and leasing solutions for VinFast vehicles at VinFast showrooms and via the VinFast website. “With the goal to make electric vehicles accessible to everyone, VinFast is constantly looking for optimal solutions for customers. Thanks to this agreement, VinFast customers will have access to competitive finance and lease rates and world-class customer service from US Bank,” said Le Thi Thu Thuy, Vingroup Vice Chairwoman and CEO of VinFast Holdings. “Many Americans … [Read more...] about VinFast chooses US Bank as preferred provider of vehicle financing

The government plans to enact a new law on real estate taxation in place of the Law on Agricultural Land Use and the Law on Non-Agricultural Land Use, and separating houses and land for tax purposes. There is currently a very low tax on lands and, unusually for any country, none on houses. The Government is on course to submit the bill to the National Assembly for comments in October 2024 and approval in May 2025. Several experts told VnExpress they agree that taxing houses and lands is necessary in the context that the property market is opaque and plagued by speculation, lack of systematization and ineffective management. Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association, said taxing housing and land would help make the real estate market fairer and more transparent. Nguyen Van Duoc, general director of Trong Tin Accounting and Tax Consulting Company, supported an increase in the tax rates on lands but warned it is necessary to safeguard the … [Read more...] about Taxing housing necessary but challenging: experts

In an interview with the press ahead of the PM’s trip from February 8-11, Deputy Minister of Foreign Affairs Do Hung Viet stressed that the relations between Vietnam and the two countries are based on a lot of similarities in politics, economy, culture, and people-to-people exchange. The trip is of great significance, he said, noting that this is the first by Pham Minh Chinh in his new position that aims to manifest the consistent policy of prioritizing relations with neighboring countries and ASEAN, as set at the 13th National Party Congress. He added that this is also the first official visit by a leader of the Vietnamese government to Singapore over the past five years, and to Brunei over the past nearly 16 years. Therefore, the visits are expected to deepen the strategic partnership with Singapore, an important economic partner of Vietnam, and the comprehensive partnership with Brunei, also a promising economic partner, according to the official. For Singapore, the visit … [Read more...] about Prime Minister Pham Minh Chinh’s Singapore, Brunei visits look toward cohesive ASEAN

Could you give an update about Antler’s portfolio? Magnus Grimeland It boasts about 680 companies in 25 locations across the world including Brazil, the United States, and Canada. In Europe, we are in most of the big capitals. In Africa, we’re in Nairobi. Asia is obviously a big focus for us with most of the major tech ecosystems in India, China, Vietnam, Indonesia, Singapore, Japan, South Korea, and Australia. We’re the world’s second most active early-stage investor now, and back the top 1 per cent of founders. We got 65,000 applicants last year from founders who want to work with us. Antler backs the best of the next generation of great companies, supporting their access to co-founders, supporting business model validation, putting in the first bit of capital with advisors across the globe, helping internationalise, and then we continue to back them. We also have a later stage fund, which enables us to invest directly into later stage companies. I’m incredibly … [Read more...] about Vietnam: the place to innovate with tech