VFS

VinFast Auto Ltd. (NASDAQ:VFS) is a Vietnamese electric vehicle manufacturer that went public in August 2023, making it one of the most prominent Southeast Asian automotive companies to list on a major U.S. exchange. Founded as part of the Vingroup conglomerate, VinFast began operations in 2017 with the ambitious goal of establishing Vietnam as a significant player in the global automotive industry. The company initially focused on internal combustion engine vehicles before pivoting entirely to electric vehicles, positioning itself as a key participant in the global transition to sustainable transportation. Based in Hai Phong City, Vietnam, VinFast operates as a subsidiary of Vingroup Joint Stock Company, one of Vietnam's largest private conglomerates.