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Shares of Vietnamese electric vehicle (EV) manufacturer VinFast (NASDAQ: VFS ) stumbled to a fresh 52-week low amid severe viability concerns. While the company announced a plan to raise up to $1 bill

Why VinFast Auto Stock Crashed 11% Today

10:50am, Monday, 23'rd Oct 2023
VinFast Auto is selling stock to an underwriter, which plans to resell it. As many as 100.8 million new shares could soon begin trading.
VinFast Auto's low free float had already made it a highly volatile stock. The electric vehicle maker has been raising more money to fund its operations, which has made investors wary.

Why Are Stocks Down Today?

11:26am, Friday, 20'th Oct 2023
Stocks are down again today as the market continues a recent downward trend amid concerns about a strong economy. These worries were brought about by statements made by Federal Reserve Chair Jerome Po
VinFast (NASDAQ: VFS ) stock is on the move Friday after the electric vehicle (EV) company announced a massive $1 billion share deal with Yorkville. According to a press release, this deal gives VinFa
Shares have been whipsawed by the news.
Shares of VinFast Auto Ltd. VFS, -4.69% bounced 1.8% in premarket trading Friday, after the Vietnam-based electric vehicle maker announced a equity-funding agreement of up to $1 billion.
Vietnamese electric vehicle (EV) maker VinFast said on Friday it has entered into a share subscription of up to $1 billion with U.S.-based fund Yorkville Advisors as it seeks to fund expansion in over

Down 92%, Is VinFast Auto Stock a Buy Now?

10:00am, Wednesday, 18'th Oct 2023
The Vietnamese automaker's stock keeps crashing. Is VFS stock a buy now?
The situation is getting worse for companies in the electric vehicle (EV) industry as more signs of slowdown emerge. On Monday, Ford confirmed that it was slashing its Lightning output, a notable situ
Vietnamese electric vehicle (EV) maker VinFast Auto Ltd. NASDAQ: VFS saw its shares rise from $11.61 to $93 after it went public on August 15, 2023, through a reverse merger via a special purpose acqu

VinFast Eyes India, Indonesia in Growth Plans

01:07am, Monday, 16'th Oct 2023
In today's Asean Ahead segment, Le Thi Thu Thuy, chief executive officer at VinFast, discusses the Asean EV market and her growth strategy for the company. She speaks exclusively on Bloomberg Televisi
VinFast's stock has dropped more than 90% since reaching a high after listing on the NASDAQ in August. The Vietnamese EV maker disclosed preliminary Q3'23 results, which showed that the company sees s
Electric-vehicle maker VinFast Auto said on Wednesday it would acquire battery tech maker VinES from its chairman, Pham Nhat Vuong, under which it would assume 11.122 trillion Vietnamese dong ($455 mi
VinFast Auto's deliveries and revenue surged in its last quarter. The EV maker expects to deliver at least 40,000 EVs this year.
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