pham nhat vuong

VinFast Auto Ltd. (NASDAQ:VFS) shares are trading higher after the company announced that it anticipates sustained growth for the next five years and is approaching its break-even point. In an exchange filing, the Vietnamese electric vehicle startup said it sees a 30x to 40x increase in sales in...

Vietnamese billionaire Pham Nhat Vuong has announced plans to inject an additional $1 billion from his personal wealth into the Nasdaq-listed electric vehicle (EV) manufacturer VinFast Auto Ltd NASDAQ: VFS). What Happened: At a shareholders’ meeting of Vingroup, the conglomerate he chairs,...

Vingroup, Vietnam’s leading conglomerate, is grappling with increasing financial risks due to the difficulties faced by its electric vehicle (EV) subsidiary, VinFast Auto (NASDAQ:VFS). The EV manufacturer’s financial troubles have been amplified by its dependency on sales to associated...

Vietnamese EV manufacturer VinFast (NASDAQ:VFS) has initiated a major overhaul of its executive leadership, placing its founder, Pham Nhat Vuong, at the helm as CEO. What Happened: Vuong, who is also the founder and chairman of VinFast’s parent company, Vingroup, has succeeded Le Thi Thu Thuy...

Vietnamese electric vehicle startup VinFast Ltd. (NASDAQ:VFS) has snagged a bullish recommendation even as some on the Wall Street calling for a collapse in its stock price. The VinFast Analyst: Daniel Ives initiated VinFast stock with an Outperform rating and $12 price target, suggesting potential...

Vietnamese electric vehicle startup VinFast Auto Ltd. (NYSE:VFS) has seen its shares catapult from under $11 at the time of its SPAC listing to over $82, giving it a heady valuation of more than $191 billion. According to Benzinga Pro data, the stock closed Monday's session up 19.75% at $82.35. The...

Pham Nhat Vuong, the founder of VinFast Auto Ltd. (NASDAQ:VFS), lost about $18 billion following a sharp decline in the company’s shares. What Happened: The Vietnamese electric vehicle manufacturer’s shares closed at $15.40 on Friday, marking the end of a volatile week for the company....

Less than six months after debuting its first electric vehicles in the United States, Vietnamese EV manufacturer VinFast announced on Tuesday its plans to begin construction of an EV factory in Chatham County, North Carolina, starting next Friday. What Happened: The factory...