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Vietnamese EV maker VinFast is now worth more than Ford and GM after Nasdaq debut

Vietnamese EV maker VinFast is now worth more than Ford and GM after Nasdaq debut

BANGKOK, THAILAND – 2023/05/18: VinFast displays its vehicles at Future Energy Asia Exhibition 2023 at Queen Sirikit National Convention Center.

Nathalie Jamois | Lightrocket | Getty Images

VinFast’s shares jumped some 270% after its U.S. trading debut, vaulting its total market value past some of the world’s largest automakers such as Ford, GM, BMW and Volkswagen.

On Tuesday, the Vietnamese electric vehicle maker listed on Nasdaq following the


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