VinFast Auto (VFS) Enters into Securities Purchase Agreement

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BTIG starts VinFast (VFS) at Buy; anticipates increased production in 2024

January 3, 2024 9:40 AM EST

BTIG initiated coverage on VinFast Auto (NASDAQ: VFS) with a Buy rating and set their 12-month price target at $10.00 for the Vietnamese automaker.

The automaker successfully entered the U.S. market, initiating direct deliveries of their first electric vehicles to American customers at the beginning of 2023. However, the company disclosed in December that they have formed a partnership with... More

VinFast (VFS) signs independent dealership agreements

January 2, 2024 8:20 AM EST

Vietnams VinFast Auto (NASDAQ: VFS) announced Tuesday that the electric vehicle maker has signed agreements with five local car dealerships across four U.S. states. This strategic move aims to broaden access to VinFast's vehicles.

The first lineup of VinFast dealers includes Leith VinFast in Raleigh, North Carolina; Smith Haven VinFast in St. James, New York;... More