Streetbeat News

VFS

VinFast Auto Ltd.

Industry

Auto - Manufacturers

VinFast Auto Ltd., an automotive manufacturer, engages in Automobiles and E-scooter related business in Vietnam and the United States. The company operates through Automobiles, E-scooter, Spare Parts, and Aftermarket Services segments. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses. The E-scooter segment provides design, development, manufacturing, and sales of e-scooters. The Spare Parts, and Aftermarket Services segment engages in sale of spare parts and aftermarket services for automobiles and e-scooters. VinFast Auto Ltd. is based in Hai Phong City, Vietnam. The company operates as a subsidiary of Vingroup Joint Stock Company.

Open

3.85

Mkt cap

8.9B

Volume

578K

High

3.88

P/E Ratio

-3.72

52-wk high

6.42

Low

3.77

Div yield

N/A

52-wk low

2.25

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.

Portfolio Pulse from

February 13, 2025 | 2:15 pm

Vietnamese conglomerate Vingroup is under pressure due to its backing of loss-making EV maker VinFast. Vingroup's shares are near multi-year lows as foreign investors sell, and borrowing costs rise.

Portfolio Pulse from

January 23, 2025 | 4:45 am

Canadian car buyers are shifting their focus towards practicality and affordability due to economic pressures. VinFast is capitalizing on this trend by offering competitively priced, feature-rich SUVs, making sustainable transportation more accessible.

Portfolio Pulse from

December 30, 2024 | 8:15 pm

VinFast, a global electric vehicle manufacturer, is offering a 10-year warranty to Canadian EV buyers to boost EV adoption. This initiative aims to address consumer concerns about long-term reliability, making EVs a more attractive and safer investment.

Portfolio Pulse from

December 18, 2024 | 8:30 pm

VinFast Auto Ltd. (VFS) has reached a significant support level, indicating a potential buying opportunity for investors based on technical analysis.

Portfolio Pulse from

December 17, 2024 | 12:45 am

VinFast, a Vietnamese electric vehicle manufacturer, plans to build a second production plant in Vietnam to double its output capacity. This expansion is aimed at meeting the increased demand for its small and mid-sized EV models.

Portfolio Pulse from

December 08, 2024 | 6:00 am

VinFast has introduced the VF 9, an all-electric, seven-seater SUV, in Canada. The VF 9 aims to redefine the full-size SUV segment with its luxurious design, spacious interior, and commitment to sustainability. This launch aligns with the growing demand for large SUVs, which accounted for nearly half of car sales in 2023.

Portfolio Pulse from

November 28, 2024 | 2:00 pm

VinFast Auto Ltd (NASDAQ:VFS) received an 'Outperform' rating from Wedbush analysts despite a mixed Q3 earnings report. Analysts see potential growth for the Vietnamese EV maker, maintaining an $8 price target. VFS shares rose 3.7% to $4.

Portfolio Pulse from

November 27, 2024 | 8:30 pm

VinFast Auto reported strong Q3 earnings with significant growth in EV deliveries and revenue, and a narrowing of losses, indicating a potential path to profitability. The company achieved 49% Y/Y revenue growth and 115% Y/Y delivery growth, with improved gross margins.

Portfolio Pulse from

November 27, 2024 | 12:45 pm

Vietnamese electric vehicle manufacturer VinFast reported a net loss of $550 million for the third quarter, which is an improvement compared to the same period last year due to increased sales.

Portfolio Pulse from

November 27, 2024 | 9:45 am

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