Vietnamese electric car maker Vinfast plans to list a record $23 billion in the United States through SPAC.

[Vietnamese electric car maker Vinfast plans to list a record $23 billion in the United States through SPAC.] VinFast, an electric car maker founded by Vietnam's richest man, will work with blank cheque company Black Spade Acquisition Co. It will be the largest deal of any Vietnamese company listed in the United States. The company, founded by Vietnam's richest man, is expanding globally. The deal will give VinFast an equity value of about $23 billion, according to a statement from parent company Vingroup JSC on Friday. The electric car maker will be valued at about $27 billion, including debt. (Bloomberg)