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The Nexus
BUSINESSMay 22 · 00:55 UTCBLOOMBERGAnders Melin, Giang Nguyen

Tycoon Plows Billions Into EVs as His Vietnam Stock Booms 1,000%

Vietnamese tycoon Pham Nhat Vuong is investing billions of dollars into electric vehicle ventures as his stock holdings in Vietnam experience remarkable growth of approximately 1,000%. This significant investment demonstrates major corporate expansion in the EV sector alongside substantial market gains.

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