VinFast shares set another record, billionaire Pham Nhat Vuong is the 16th richest person in the world

Opening the trading session on August 28 on the Nasdaq (USA), VinFast 's VFS shares were traded at 84 USD/share, 22% higher than the reference price.

During the session, VFS stock continued to set a new peak of 93 USD/share. A few minutes later, this stock continuously adjusted and closed at 82.35 USD/share. However, this price still increased by nearly 20% compared to the beginning of the day. Liquidity for the whole day reached 12.62 million units with a transaction value of more than 1 billion USD.

With the above price, the market capitalization of electric car company VinFast is at 191 billion USD, closely following Toyota's 2nd position and after Tesla; far surpassing a series of famous car brands such as Porsche, Mercedes-Benz, BMW,...

Cổ phiếu VinFast lại lập kỷ lục, tỉ phú Phạm Nhật Vượng giàu thứ 16 thế giới - Ảnh 1.

VinFast's VFS shares in the trading session on August 28 on the Nasdaq (USA),

Along with the series of consecutive days of VFS stock increase on Nasdaq, on Forbes' ranking, billionaire Pham Nhat Vuong's assets continued to increase by 10.2 billion USD to 66 billion USD, rising to 16th place in the list of the richest people in the world .

According to analysts, VinFast's stock price is following the upward trend of the US stock market, when on August 28, the Nasdaq Composite (IXIC) index increased sharply by 114 points to 13,705 points.

In addition, this stock continued to increase in the context of a very low free float of 4.5 million units compared to more than 2.3 billion listed VFS shares.

According to VinFast Chairwoman Le Thi Thu Thuy, a larger number of VFS shares are expected to be offered to the market in the next 6 months to a year. However, the supply of additional VinFast shares to the market is expected to be limited in the near future. It is expected that about 3 million more shares will be offered in the first round and about 30 million in the following period.

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