Pham Nhat Vuong, founder of VinFast Auto Ltd (NASDAQ:VFS), launched V-Green, an EV charging venture to support VinFast vehicles globally. V-Green aims to expand charging infrastructure in key markets, manage VinFast's network in Vietnam, and may extend services to other EV manufacturers after five years. An investment of $404 million over two years is planned to enhance infrastructure. Vuong's previous venture, Green SM, significantly contributed to VinFast's sales in 2023. VFS shares rose 0.80% to $5.06 in premarket trading.