Tonight (August 15, Vietnam time), VinFast rang the bell to launch on the Nasdaq Global Select Market, officially becoming a publicly listed company of global stature. The company has a market capitalization of more than 23 billion USD, operating under the legal entity VinFast Auto Ltd. After the event, VinFast common shares and warrants will begin trading on the exchange under the new listing codes VFS and VFSWW, respectively.
After an introduction from Nasdaq, VinFast CEO Le Thi Thu Thuy said that becoming a listed company in the US is an important milestone in VinFast's global development journey. It is not simply about listing shares on the stock market, but also a strong belief in VinFast's vision and potential.
“We are committed to making smart, safe and environmentally friendly electric vehicles more accessible to everyone. I am very grateful for the great collaboration of Black Spade and VinFast's important partners for a journey together to break all limits and continue towards a green future for us and future generations,” said Ms. Thuy.
According to her, this successful listing opens up access to the world's largest capital market and is an important direction for the company's future development.
“We hope that VinFast’s story will inspire and open up many opportunities for Vietnamese brands to reach out to the world,” Ms. Thuy hopes.
Listing on the Nasdaq stock exchange is expected to support VinFast's global strategy through access to large capital markets.
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