VinFast Auto Secures Indonesian Loan
This is a Indonesia news story, published by Yahoo Finance, that relates primarily to VinFast Auto news.
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Vietnamese automaker VinFast AutoGlobalData
•Technology
Technology
VinFast secures local funding for Indonesian BEV plant

72% Informative
VinFast Auto has signed a long-term syndicated loan agreement with Indonesian state-owned Bank Negara Indonesia and Bank Maybank Indonesia .
The basic loan is valued at IDR 1.85 trillion ( US$113 million ) and comes with an additional US$80 million “accordion facility” VinFast broke ground on the Subang BEV plant in July 2024 , which is scheduled to be completed in the second half of 2025 .
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