EV maker VinFast’s stock can more than double in a year, analyst says

Shares of VinFast Auto Ltd. charged higher Tuesday, after the Vietnam-based electric-vehicle maker got a bullish endorsement from Wedbush analyst Dan Ives as the EV maker is poised to take market share from its competitors next year.

“We have seen the impressive VinFast operations in Vietnam firsthand and came away extremely impressed with its EV footprint,” Ives wrote in a note to clients.


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