A Little Good News for VinFast Investors [Yahoo! Finance]
VinFast Auto Ltd. (VFS)
Company Research
Source: Yahoo! Finance
The company switched to fully producing electric vehicles (EVs), has a deep pocketed founder and state-of-the-art production facilities, completely dominates its home Vietnamese market, and has ambitions to expand overseas. On the last note, there's a little bit of good news recently. Here are the details. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » There are actually two bits of good news for investors. The first is that the Vietnamese EV maker has signed a non-binding deal with a consortium of Emirati investors to receive at least $1 billion in funding. This is good news for investors who have grown accustomed to investment coming from VinFast's parent company and founder. The investment comes at a time when VinFast has officially begun expanding in the Middle East, which is the second bit of good news for investors. VinFast opened its first dealership located in Dubai, a significant milestone in the EV maker's
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VFS
News
- SPAC Copley Acquisition eyes US$150 million NYSE IPO, seeks targets in tech, lifestyle sectors [Yahoo! Finance]Yahoo! Finance
- Should You Buy VinFast Auto Ltd. (VFS) After Golden Cross? [Yahoo! Finance]Yahoo! Finance
- Aftersales VinFast: onderscheidende factor in veranderende EV-markt MEER BETAALBARE EV OP KOMSTPR Newswire
- NIEUW AANBOD VAN VINFAST IN EUROPESE EV-MARKTPR Newswire
- VinFast Auto Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
VFS
Earnings
- 4/17/24 - Miss
VFS
Sec Filings
- 12/11/24 - Form 424B3
- 12/11/24 - Form 424B3
- 12/11/24 - Form 6-K
- VFS's page on the SEC website