Vietnam’s EV Maker VinFast Announces IPO Filing, Eyeing Expansion in US Market

Vietnam’s EV Maker VinFast Announces IPO Filing, Eyeing Expansion in US Market
A VinFast factory is seen in Hai Phong city, Vietnam, on Sept. 25, 2018. Kham/Reuters
Aldgra Fredly
Updated:
0:00

Vietnamese automaker VinFast said Tuesday that it had filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO), with a goal of expanding into the United States.

VinFast said it intends to list its ordinary shares on the Nasdaq Stock Market under the symbol VFS, but the number of shares to be offered and the price range for the proposed offering had not yet been determined.