VinFast, a Vietnamese Electric Vehicle company has barely exported 3 thousand units to North America and has just started constructing a plant in North Carolina that won’t be ready until 2025. But on the day of its Nasdaq listing, it was valued at 85 billion US dollars, making it more valuable than US giants Ford and General Motors. We speak with Ken Foong, Analyst at Bloomberg Intelligence to find out what is going on with VinGroup and VinFast.

Image by: Shutterstock

Produced by: Mark Tan

Presented by: Shazana Mokhtar, Mark Tan, Wong Shou Ning

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technology,  markets,  international,  travel,  environment

Tags:  electric vehicle,  vinfast,  nasdaq,