Vietnam's VinFast all set for major expansion as it prepares to launch first overseas model in the United States and Europe

HANOI, June 17 (Reuters): Four senior executives at Vietnam's VinFast have left the electric vehicle startup as it prepares to launch its first overseas model and roll out a network of showrooms in the United States and Europe, the company said.

The recent round of departures comes as VinFast prepares to start construction of a US$4-billion factory in North Carolina, open its first showrooms in California, moves toward a potential initial public offering of shares and seeks financing from the US government.