VinFast Auto (VFSWW) Stock Price, News & Analysis

Company Overview

VinFast Auto is a Vietnam-based electric vehicle (EV) manufacturer and the automotive arm of Vingroup, one of Southeast Asia’s largest conglomerates. Founded in 2017 and headquartered in Haiphong, VinFast was established with a mission to design, develop and produce smart, environmentally friendly vehicles. In August 2023, the company completed a merger with a special purpose acquisition company and began trading on the Nasdaq under the ticker VFSWW, marking its entry into the U.S. capital markets.

VinFast’s product portfolio centers on battery-electric SUVs and crossovers designed for global markets. Early models included the VF 8 and VF 9, midsize and large SUVs respectively, each featuring integrated connectivity, over-the-air software updates and options for battery leasing. The company also offers charging solutions, including home and public charging stations, to support its customers’ adoption of EV technology. Since launching production at its Haiphong facility in 2019, VinFast has extended sales to markets in North America, Canada and parts of Europe, with plans to enter additional regions over the coming years.

Supporting its global ambitions, VinFast operates research and development centers in both Vietnam and the United States, focusing on vehicle design, autonomous driving technologies and battery innovation. The company has broken ground on a manufacturing campus in North Carolina, which is expected to ramp up annual production capacity for vehicles destined for the U.S. and Canadian markets. This strategic investment underscores VinFast’s commitment to localizing production and reducing delivery lead times for international customers.

Leadership at VinFast includes founder and Vingroup chairman Phạm Nhật Vượng, who has steered the company’s rapid growth from a domestic startup to a publicly traded global automaker. In September 2023, VinFast appointed Michael Lohscheller as chief executive officer; he brings more than two decades of experience in the automotive industry, including senior roles at established European carmakers. Under this leadership team, VinFast aims to accelerate its product rollout, strengthen its charging infrastructure and enhance its software ecosystem to meet evolving consumer and regulatory demands in key markets worldwide.

Key Stats

• Today's Range: $0.25 to $0.32
• 50-Day Range: $0.26 to $0.34
• 52-Week Range: $0.17 to $0.60
• Volume: 132,373 shs
• Average Volume: 10,152 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

VFSWW Stock Analysis - Frequently Asked Questions

How have VFSWW shares performed this year?

VinFast Auto's stock was trading at $0.4281 at the beginning of the year. Since then, VFSWW shares have decreased by 39.3% and is now trading at $0.26.

How do I buy shares of VinFast Auto?

Shares of VFSWW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Cyclical
• Industry: Auto Manufacturers
• Sub-Industry: N/A
• Current Symbol: NASDAQ:VFSWW
• CIK: 1913510
• Web: vinfastauto.us
• Phone: 84-2-2539-69999
• Fax: N/A
• Employees: 14,000
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $53.80 trillion
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A