The six-year-old automaker that started selling cars in the United States earlier this year is lagging behind only Tesla and Toyota in terms of market value.
. A day later, VinFast’s shares closed at $37.06 in New York. Yesterday, the manufacturer’s shares closed at $82.35.Pham Nhat Vuong, the company’s founder and Vietnam’s wealthiest man
, controls roughly 99 percent of VinFast, partly through shares held by his wife and Vingroup JSC. In other words, the vast majority of shares aren’t available to investors, with the biggest winner from the recent stock surge being the firm’s founder.
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