Asian Spectator


The Times

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VinFast signed US$190 million syndicated loan for its automobile plant in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 2 May 2025 - VinFast, along with the state-owned Bank Negara Indonesia (BNI) and PT Bank Maybank Indonesia Tbk (Maybank), signed a long-term syndicated loan agreement valued at IDR 1.85 trillion (equivalent to approximately US$110 million), along with an additional US$80 million accordion facility, to finance the construction of VinFast's electric vehicle assembly plant in Subang, West Java, Indonesia.

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