The alleged unsuccessful hacking attempts came as the US and Vietnam were negotiating a cooperation agreement signed last month in Hanoi

The country, which boasts the world’s second-largest rare earth deposits, is to auction off multiple blocks of its Dong Pao mine before the year's end

Senior executives from chipmakers including Intel, GlobalFoundries, Amkor and Marvell are expected to attend a business meeting on Monday in Hanoi

The 100-million-people country has only 5,000 to 6,000 trained hardware engineers for the chip sector, against expected demand of 20,000 in five years

Shares of the still loss-making automaker have rallied more than 333% over the past five days, reaching a valuation of roughly $190 billion

The moves followed reports that South Korea's Star Group Industrial, which supplies magnets to VinFast and Hyundai, is investing $80 million in a new factory in Vietnam

The cash-burning company is currently worth $35 billion, down from $85 billion in its Wall Street debut, that valued the carmaker twice as much as Ford and General Motors

The automaker remains far behind its sales targets and faces tough competition in an industry where an increasing number of players are burning cash and facing an intense price war

Analysts say the price tag on VinFast's planned merger is not realistic given that the EV-maker continues to burn cash and is in very early stages of its US business

Vietnam, a global export hub, has been attracting global investments thanks to its array of free-trade deals and cheap labour, with the added allure of protection from increasing Sino-US trade friction

The Vietnamese EV-maker said it was not aware of any incidents, and that it was issuing the recall "out of an abundance of caution"

VinFast could hit break even as soon as the end of 2024, the company's founder Pham Nhat Vuong told investors