A Little Good News for VinFast Investors

For investors, VinFast Auto (NASDAQ: VFS) has been an intriguing option from the get-go. The company switched to fully producing electric vehicles (EVs), has a deep pocketed founder and state-of-the-art production facilities, completely dominates its home Vietnamese market, and has ambitions to expand overseas.On the last note, there's a little bit of good news recently. Here are the details.There are actually two bits of good news for investors. The first is that the Vietnamese EV maker has signed a non-binding deal with a consortium of Emirati investors to receive at least $1 billion in funding. This is good news for investors who have grown accustomed to investment coming from VinFast's parent company and founder. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool