VinFast (VFS) Sees Strong Growth with Record Electric Vehicle Deliveries

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Nov 13, 2024

VinFast (VFS, Financial), the Vietnamese electric vehicle manufacturer, experienced a 4.15% increase in its stock price, reaching $4.145. This rise follows the company's announcement of having delivered over 11,000 electric cars to Vietnamese customers in October.

For the first ten months of the year, VinFast's total deliveries in Vietnam exceeded 51,000 vehicles. This accomplishment positions the company as the leading automobile brand in terms of sales in the Vietnamese market for the same period.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.