VinFast speeds up EV deliveries but struggles to sell outside Vietnam
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VinFast, a Vietnamese electric vehicle manufacturer, delivered approximately 97,000 cars last year, nearly tripling its sales compared to 2023. However, the sales were predominantly within Vietnam, indicating challenges in expanding its market internationally.
February 13, 2025 | 2:15 pm
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VinFast delivered 97,000 electric vehicles last year, a significant increase from 2023, but the sales were mainly in Vietnam, highlighting difficulties in international market penetration.
While VinFast's delivery numbers have increased significantly, the lack of international sales growth suggests potential challenges in global market expansion. This could limit short-term stock price movement as investors may be cautious about the company's ability to penetrate new markets.
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