Where can I buy such a car?
VinFast was listed on the Nasdaq stock exchange on Tuesday, with stocks opening at US$22 (RM102.23), which then surged further to close at US$37.06 (RM172.22), Reuters reported.
This values the Vietnamese carmaker at US$85 billion (RM395 billion), placing it above Ford which has a market capitalisation of US$48 billion (RM223 billion) and General Motors which has US$46 billion (RM214 billion) in stock market value, according to the report.
The Nasdaq listing comes after VinFast merged with special purpose acquisition company Black Spade Acquisition, which had initially valued the Vietnamese carmaker at US$23 billion (RM107 billion). About US$185 million (RM860 million) in VinFast shares were exchanged, according to Reuters citing data from Refinitiv.
VinFast listed on Nasdaq – Vietnam carmaker now valued at RM395 billion, more than Ford and GM
VinFast was listed on the Nasdaq stock exchange on Tuesday, with stocks opening at US$22 (RM102.23), which then surged further to close at US$37.06 (RM172.22), Reuters reported.
This values the Vietnamese carmaker at US$85 billion (RM395 billion), placing it above Ford which has a market capitalisation of US$48 billion (RM223 billion) and General Motors which has US$46 billion (RM214 billion) in stock market value, according to the report.
The Nasdaq listing comes after VinFast merged with special purpose acquisition company Black Spade Acquisition, which had initially valued the Vietnamese carmaker at US$23 billion (RM107 billion). About US$185 million (RM860 million) in VinFast shares were exchanged, according to Reuters citing data from Refinitiv.
