VinFast: The Vietnamese Automaker Reaching The Top 3 In The Electric Vehicle Market

Written by Bruno Teles

Published on 30/08/2023 at 15:12

Updated on 30/08/2023 at 15:24

Você já ouviu falar de VinFast? Se não, é hora de atualizar o radar. A empresa vietnamita vem causando furor na indústria de veículos elétricos e recentemente recuperou o título de terceira montadora mais valiosa do mundo. Mas como ela conseguiu essa façanha

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Who Would Have Thought That a Relatively New Company from Vietnam, in the Automotive Scene, Would Become the Third Most Valuable Automaker in the World? We Are Talking About VinFast, an Automaker That Has Been Making Waves, Especially When It Comes to Electric Vehicles.

VinFast is not just a storyteller; it is a manufacturer of narratives in the financial market. After its triumphant debut on Wall Street, the company saw its stock prices rise and plummet dramatically. Volatility is an aspect that has accompanied the company, but this has not prevented it from recently reaching a market value of $160 billion.

VinFast vs. Traditional Giants

It is not easy for a newcomer like VinFast to compete with giants like Tesla, GM, Ford, and other traditional automakers. However, its goals are ambitious: to conquer territories in the United States and European markets. This is made clear with the announcement of a $4 billion factory being built in the United States.

The Plan for Electric Vehicles

When it comes to electric vehicles, VinFast has even grander plans. The company expects to sell up to 50,000 electric vehicles this year, representing an almost sevenfold increase compared to 2022. Still, it is a company that needs to prove its worth; especially since its first batch of cars in the U.S. faced challenges such as delays and proposal reductions.

ARTICLE CONTINUES BELOW

The Financial Bubble

The story of VinFast is so incredible that it raises the question: Are we facing a “bubble” in the financial market? Analysts point out that the small percentage of shares available to the public (only 0.3% on Nasdaq) could be inflating its true value. The founder, Pham Nhat Vuong, holds 99.7% of the shares, a fact that only heightens speculation.

VinFast: The Vietnamese Automaker Reaching The Top 3 In The Electric Vehicle Market

Who Would Have Thought That a Relatively New Company from Vietnam, in the Automotive Scene, Would Become the Third Most Valuable Automaker in the World? We Are Talking About VinFast, an Automaker That Has Been Making Waves, Especially When It Comes to Electric Vehicles.

VinFast vs. Traditional Giants

The Plan for Electric Vehicles

The Financial Bubble

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10 giant tortoises are reintroduced and, in just 6 months, trigger changes that lead scientists to investigate a phenomenon absent for 180 years; the numbers recorded on the island impress researchers from around the world.

A former SpaceX engineer left rockets to reinvent home construction and founded a startup that manufactures wall panels from a grass that grows about 15 centimeters per day.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

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The United States government approved a potential sale of 100 portable Stinger anti-aircraft missiles to the Brazilian Army, in a package estimated at around 330 million dollars that still depends on negotiations between the two countries.

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VinFast: The Vietnamese Automaker Reaching The Top 3 In The Electric Vehicle Market

Who Would Have Thought That a Relatively New Company from Vietnam, in the Automotive Scene, Would Become the Third Most Valuable Automaker in the World? We Are Talking About VinFast, an Automaker That Has Been Making Waves, Especially When It Comes to Electric Vehicles.

VinFast vs. Traditional Giants

The Plan for Electric Vehicles

The Financial Bubble

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

A giant brown band visible from space, approximately 8,850 kilometers long, connected Africa to America in the Atlantic Ocean, and satellites revealed that it is neither land nor pollution, but the largest accumulation of seaweed in the world, which broke records in 2025.

Brazil filled the Northeast with wind turbines but now faces the side effect of 705 giant blades reaching the end of their lifespan by 2032 just in Rio Grande do Norte, while the world projects 43 million tons of waste by 2050.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

In just one cast, fishermen are surprised to capture 14,096 mullets in Bombinhas and close a historic season with 58,000 fish; scene recorded in the Santa Catarina paradise marks the last day of the 2026 season.

India approved the country’s first submerged road-rail tunnel, 15.8 kilometers dug under the bed of the Brahmaputra River.

10 giant tortoises are reintroduced and, in just 6 months, trigger changes that lead scientists to investigate a phenomenon absent for 180 years; the numbers recorded on the island impress researchers from around the world.

Cheaper than Fiat Pulse, Renault Kardian, and Volkswagen Tera: with a 2.0 turbo engine of 190 hp, 30.6 kgfm torque, automatic transmission, and Swedish safety package, this premium hatch delivers sports car performance at the price of a new compact: meet the Volvo V40 T4 Momentum 2017.

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A former SpaceX engineer left rockets to reinvent home construction and founded a startup that manufactures wall panels from a grass that grows about 15 centimeters per day.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

How much does it cost to install gutters in a house in 2026? See the average costs of materials, labor, and the most common extra expenses that may arise during installation.

The United States government approved a potential sale of 100 portable Stinger anti-aircraft missiles to the Brazilian Army, in a package estimated at around 330 million dollars that still depends on negotiations between the two countries.

Cheaper than Fiat Pulse, Renault Kardian, and Volkswagen Tera: with a 2.0 turbo engine of 190 hp, 30.6 kgfm torque, automatic transmission, and Swedish safety package, this premium hatch delivers sports car performance at the price of a new compact: meet the Volvo V40 T4 Momentum 2017.