VinFast Auto (VFS) has released an update.
VinFast Auto Ltd. has solidified its position as the leading automotive brand in Vietnam, delivering over 11,000 electric vehicles in October, marking a 21% increase from the previous month. This achievement underscores the brand’s dominance in the domestic market, with the VF 3 and VF 5 models leading the sales. VinFast’s rapid growth highlights a significant shift in the Vietnamese automotive industry, as the domestic brand surpasses foreign competitors.
For further insights into VFS stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Shareholder Alert for Flux Power Holdings, Inc. (NASDAQ:FLUX)
- ValueAct’s $1B Stake in Meta Platforms is a Constructive Bet, Not an Activist Move
- Spirit Airlines Plunges 63% on Possibility of Bankruptcy Deal Wiping Out Shareholders’ Wealth
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.