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FxPro adds VinFast to stock offering
Source:https://fxnewsgroup.com/forex-news/retail-forex/fxpro-adds-vinfast-to-stock-offering/ | Author:finance-102 | Date2023-09-05 | 202 Views | Share:
Retail Forex and CFD broker FxPro is introducing a new addition to its stock offerings – Vietnamese electric vehicle (EV) manufacturer VinFast.

Retail Forex and CFD broker FxPro is introducing a new addition to its stock offerings – Vietnamese electric 

vehicle (EV) manufacturer VinFast.


This emerging player has captured the market’s attention by achieving a remarkable feat on its debut trading 

day – surpassing the valuations of industry giants Ford and General Motors (GM).


VinFast’s bold business model is centred around becoming a global disruptor in the EV market. Their strategic 

approach has already manifested in impressive production capacity growth. Despite not yet being profitable, 

VinFast’s shares closed above $37 each in their recent New York debut, elevating the company’s stock market 

valuation to an impressive $85 billion.


As an investor, you have the opportunity to analyse this market development and decide whether you see VinFast 

as a buying or selling opportunity.

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