Speaking online with the press on the morning of August 16 after VinFast listed VFS shares on the US Nasdaq stock exchange , Ms. Le Thi Thu Thuy, General Director of VinFast, said that the US stock market's valuation of VinFast at 85 billion USD was "a bit beyond her imagination".

VinFast's global CEO believes that VinFast has a lot of potential and the world electric vehicle market is very large. Whether or not it can be done depends on VinFast. Ms. Thuy also believes that everything is not as rosy as it is today.

VinFast CEO Le Thi Thu Thuy.

According to Ms. Thuy, the event shows that Vietnamese companies have proven their ability to become global companies. There is still a lot of work to do at VinFast to achieve the set goals, but we can reward ourselves with a moment of happiness.

The person who pressed the button to list VFS shares on Nasdaq said that VinFast's $85 billion valuation affirmed the market's confidence in the business. As for the company's leaders, according to Ms. Thuy, they always believe in the value of VinFast and what VinFast contributes.

On August 15, VinFast officially listed its shares on the US Nasdaq stock exchange. At the end of the trading session, VFS shares jumped above the $37 threshold. With more than 2.3 billion shares, VinFast's capitalization reached $85 billion, surpassing Ford, General Motors and many other famous car manufacturers.

VinFast shares increased sharply, thereby helping Pham Nhat Vuong's assets (Chairman of Vingroup - VinFast's parent company) increase by tens of billions of USD and enter the Top 30 richest people on the planet.

According to Bloomberg, billionaire Pham Nhat Vuong's assets increased by 39 billion USD to 44.3 billion USD after VinFast was listed on the US Nasdaq stock exchange at a price more than 3 times higher than its initial valuation.

Vietnamnet.vn