VinFast in Talks for $200 Million Loan Ahead of India Debut
VinFast Auto Ltd. is in talks to raise a loan of as much as $200 million from Indian state-owned banks, people familiar with the plan said, ahead of the Vietnamese electric vehicle maker's debut in the world's third-biggest car market.
Central Bank of India Ltd. and Union Bank of India Ltd. are among those in discussions with VinFast for the loan, the people said, asking not to be identified as the talks are private.
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