VinFast Sees Vehicles Deliveries To Be Between 40,000-50,000 Vehicles In FY23; On Track To Commence Delivery Of The VF 9 In North America And The VF 6 In Vietnam By End Of This Year. VF 7 And VF 3 Expected To Commence Deliveries In 2024
Portfolio Pulse from Benzinga Newsdesk
VinFast expects to deliver between 40,000 and 50,000 vehicles in FY2023. The company is on track to start delivering the VF 9 in North America and the VF 6 in Vietnam by the end of this year. Deliveries of VF 7 and VF 3 are expected to commence in 2024. The company's capex for 2023-24 is expected to remain at the level incurred in 1H2023. VinFast believes it has sufficient growth potential in the coming years and continues to seek opportunities to strengthen its balance sheet.
September 21, 2023 | 7:41 pm
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POSITIVE IMPACT
VinFast's announcement of expected vehicle deliveries and capex maintenance for 2023-24 indicates a positive outlook for the company. The commencement of new vehicle deliveries could potentially boost the company's revenues and market presence.
The news directly pertains to VinFast's operations and future plans. The expected increase in vehicle deliveries and maintenance of capex indicates a positive outlook for the company's financial performance, which could potentially lead to a rise in its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100