VinFast divests mfg unit in $530M restructuring deal

VinFast has announced a major restructuring exercise involving its manufacturing business in Vietnam in a deal valued at around USD 530 million (approximately VND 13.3 trillion). The move is aimed at improving capital efficiency, reducing debt burden and helping the EV maker move faster towards profitability.As part of the restructuring, VinFast will separate its manufacturing…

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Frozen in time: How an unfinished Pompeii worksite just solved the 2,000-year mystery of Roman concrete |

A discovery at an unfinished Pompeii construction site reveals Roman concrete’s resilience wasn’t a lost secret but a result of hot mixing. Image Credits: An unfinished Pompeian construction site reveals ancient Roman building technology Fig 1 The resilience of Roman concrete has been considered one of those miracles lost from history for decades. Whereas most…

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‘It is the right thing’: Former Army chief Naravane backs RSS general secretary Hosabale on dialogue with Pakistan | India News

General (retired) MM Naravane; RSS general secretary Dattatreya Hosabale NEW DELHI: Former Army chief General (retired) Manoj Mukund Naravane on Wednesday backed Rashtriya Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale’s stand on greater people-to-people contact between India and Pakistan, saying stronger ties between citizens on both sides could help improve bilateral relations.Also Read | ‘India…

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