VinFast CEO: SPAC was just a way for us to get listed in the U.S.

[@PhuongMalkin]

Only 1% of Vinfast shares were sold in the market, 99% are still held by Vuong, the owner of the company. With so small number of shares released in the market, it is easy for the price to be manipulated (pump and dump ).

[@noivongxoang235]

You're 1000% right, 1 million % correct, so funny isn't it. And even that 1% shares were sold in the market is still in question. His group may even own them all, you know what I mean. Therefore, share price can be manipulated, left pocket to right pocket and back to left pocket80 billion dollar, they think money is paper or something, they *couldn't REALLY sell 1 car to the foreigner,* am I wrong or what?

[@purplenaturellc733]

Watch out for the 90-180 days IPO lockup periods expired 😂

[@2598hdjabc]

Yes, Vinfast is a son of china EV in the vietnamese brand name. This was born after the US CHINA economic war. Haha.. Freud in origin is what viet cong are commanded to do by China

[@hunterphung3638]

Tesla IPO was 1.9 billions while Winfast is 50 billions. this is a scam . I don't know why it is allowed to happen.

[@jeremymeyer5552]

Wait until Wall street starts shorting without even having the shares to short. I will give them credit they actually have a factory unlike other EV startups from 2 years ago.@@noivongxoang235

[@lawrencesullivan3307]

Good for Vietnam and good for the US.

[@A_V_123]

Not really, vinfart parts made and designed in China. V logo installed in Vietnam. Even, all steel, flywood and finished goods from China to Vietnam then stamped "Made in Vietnam" to get away w/ "US and China trade war".

[@hunterphung3638]

why is good for US or VN. ? whatever your scammer wants is good for the nation. stupid VC propaganda.

[@daclachoang368]

What is good in this? It's a scam

[@CommanderShepard66]

im gonna be honest im a car guy and i have seen a bunch of these new chinese car makers popping up left and right. there cars are not finished they where rushed out of development to fast and because of this the car has a huge list of problems also there price tags make no sense 50.000$ as base price but my mazda cx-30 costs almost half of that and has way better build and ride quality

[@dqtrong789]

From Vietnam

[@GameFlife]

@@dqtrong789we will see 😂

[@x0Kamix0x]

First off, this is a Vietnamese company. Secondly, go take a look at vehicles from Nio and Xpeng. They far surpass any of the subpar EVs being churned out by traditional auto.

[@alanta9022]

lol... you might be a car guy but know very little about the EV space. Vinfast is a pump and dump scam they SPAC IPO because they couldn't even meet the requirements to IPO themselves hence it went from $80 to $35 and so on down. Vinfast is Vietnamese car company and it is crap, Chinese cars such as Xpeng, Nio and other Chinese EV are actually quite good when it comes to quality, charging stations and overall strategy. Vinfast is crap but come one chinese EV is worth the 50,000 when compared to other EV competitors such as TSLA.

[@genevievethompson4488]

This is a Vietnamese company and at the time of this segment, they were rolling out CATL cars. They did begin with the City Edition vehicles, which, yes, was too early but they changed a lot immediately.

[@codymcteer5898]

Great job VinFast 🎉 I bought 4 shares😊

[@CommanderShepard66]

you might wanna sell those cause the likelihood of this company going under by next year is quite high

[@thesmokingman]

insane

[@noivongxoang235]

You bought 4 shares LMAO.

[@theinfinitymachine9610]

It's a pump and dump scheme. Lucky you it's only 4 shares and not more.

[@titikati]

Poor u

[@toannguyen-se4dr]

I was waiting for VinFast go to public get in @ $22 at 6:30 and out @12:20 Pm make $40% gain. I am happy for VinFast.

[@tonynails007]

I shorted @ $29 and bought to cover at $14 within 1 hour . Made more than 50% gain .

[@jjng4857]

Congratulation Vinfast..🎉🙏👍from France/Monaco.

[@chris_insights7251]

really impressive. good work Vinfast !!

[@titikati]

Not so fast

[@Lensesandgadgets]

You must be new at trading or you are buying there stock to short sale 😂.

[@waritthornkaewmuang4608]

If you cannot afford an IPO process, your transparency cannot be undermined.

[@Crawfish411]

impressive 1st day. hope they survive in the U.S. Competition is good for the consumer.

[@dinhduyminh1431]

The US financial institution Fed wants to maintain a strong dollar. The Fed continues to raise interest rates up to 5.25%, which affects the stock market and Vinfat shares are also affected when stock investors move. to invest in usd, however, if we carefully evaluate the strong dollar, it is not because the ball of the US economy is better because the US trade deficit is too large, so in the short term, there is a strengthening of the dollar, but then again. weakened like a deflated balloon.

[@lambertois11]

Before deciding to get involved in SPAC, that the SPAC success rate a pity low!

[@cashmonyz]

someone gonna get a spac real bad

[@johnd8281]

Hahaha, day trader win win today..

[@drewm9491]

A soon to be $2 stock. This company has no chance in the market. They're way overpriced for a non established brand and has no proven track record for reliability and safety. Take a look at their prices, who would in their right mind pick this over a Tesla? This is a traditional pump and dump stock, take profit and don't look back.

[@NNBirdR]

Exactly what I think about this company...very shady and dishonest business strategy from the get-go....remember that VF is incapable of building parts for their EVs but instead collecting them mostly from China. They completely rely on their Chinese subcontractors for all parts and design ideas. They are playing automotive LEGOS basically. Up to this point not a single car sold, only leasing. With all that said I do not see how they could survive in such competitive North America market.

[@icareabouttheworld7038]

Vinfast will try everything to steal the average Americans' hard earned money.

[@YN-ot9jk]

Just watch a review of their car. It's a ridiculous junk.

[@tonynails007]

SHORT

[@dicoche]

Hãy để 2 chiếc xe tesla và vinfast đâm nhau

[@danqp]

She try to get around the questions while padding vinfast 😅.

[@johnd8281]

Congratulation Vinfast..the share price increased like missle in the first day

[@peterdo4652]

Hope to not hear the Latitude alert 😊

[@joserogercahilig8967]

@@peterdo4652 obviously from boom to bust.

[@thesmokingman]

how's that shared price doing now 😀😀

[@titikati]

Very naive indeed

[@tuyetle3334]

$9.80 per share today.

[@gmp893]

This stock is a big short, be careful

[@theinfinitymachine9610]

"Madame" Thuy--what century are we in? I know she forces her employees to call her Madame or they will be fired.

[@blipblop92]

Madam thuy lol what century are we in

[@2598hdjabc]

We are in a century of the fall v+ and red capitalism

[@SunKing968]

excessive blinking is caused by some medical conditions and treatments such as: Tourette syndrome Strokes Nervous system disorders Chemotherapy Excessive blinking also has psychological and social reasons

[@TheTokenAsianLifter]

This is a rug pull lol. EV SPACS are terrible

[@aouclamnguoi6239]

Vinfast need to Kaizen the innovation 1. Battery charging station in the cover the world and Vietnam. 2. Battery charging time need to be innovated and reinvented for less than 30 minutes 3. The lifetime battery can run 1000 km/ 1 charging time

[@yoloop93]

Idk, the battery leasing strategy is bad tbh

[@nagbiregodwin1745]

nice stock

[@alpark3024]

going to $0

[@Renormal]

Congratulation to Vietnam 🙏

[@FireEverLiving]

Very bullish on Vietnam generally, and I've heard that Vinfast makes good affordable EVs. The company will probably grow a lot. I'm very uncertain about what exactly ownership of this security means, though, considering that it's a SPAC of some subsidiary of a conglomerate in a semi-communist country.

[@TheTokenAsianLifter]

It means u will lose your money

[@lotto5742]

The cars are ugly af though. Need to hire a better design team.

[@WhiteLotus3721]

Huh?

[@canhmegai5850]

Never trust a communist party country. they say one thing and do other things

[@A_V_123]

Yes, the vietcong is. So funny! After vinfart went ipo. more than a thousand of viet cong (vc) newspapers, all reported and laughed at GM, Toyota, Ford and Kia mkt caps... lol, wtf ... they still hold the ruskie cold war sh*t head. All parts made and designed in China, what they proud for?

[@VietLe-cu3go]

Why is the stock dropping since then?

[@raymondwong2521]

What does up, must comes down.

[@1FishinAddict]

These are 100% parts Chinese made car, assembled in VN. Bribery gets you far in life- that’s the true moto of current Vietnamese regime.

[@jiyxuan8269]

❤❤❤

[@Olivianorwayyy]

Come to NORWAY There is betyer marked here in Norway!!! 🇳🇴 and sweden

[@boanh2002]

Today Oct 16 Vinfast stock is down to 6.6 , 19.7%down. CEO states it needs more fund. I am afraid stock can go lower to 2 USD a share or bankcrupcy.

[@cnn787-i9e]

Should be making hybrid instead of full EV.

[@madhusharma639]

no they should make VinDiesel, who can run fast...

[@utuberay007]

Spac - What happened to rivian ? $115 to $20

[@savanonlineshop720]

It sounds like desperation to me....

[@giahoang88]

Is this a joke? Come to Vietnam to see how many Vinfast cars are actually driven on the street.

[@thetaomega7816]

If you need a SPAC, you need to be fired

[@brokentv9296]

wow incredible this is a big start

[@AnuragIndia]

Facing 80% loss I'm destroyed mentally... will it recover till 40$

[@madhusharma639]

it will take time, but will recover after 2024 like 42 ish something

[@congbangmekong]

I expect The Vanguard will not buy shares of Vinfast. The value of the Vinfast is proprodanda and not transparency.

[@cnn787-i9e]

Whatever ///

[@KhaiNguyen-pz3by]

Good News

[@ThierryTran-i1n]

Congratulations

[@mr-win-rm]

❤

[@emikomina]

americans are gonna be butthurt when they see a cheap brand like vinfast has more market capitalization than ford and gm 🤣🤣

[@Vnexpress1203]

Give it time it’s going to be under $15 PPS soon. SPAC is dead!

[@tonnybui1698]

Great job VinFast!

[@jom1828]

Pass

[@noivongxoang235]

She said labor cost is very low but buying parts cost is not low right (actually it's a Chinese car obviously). Because Viet nam wasn't even having the ability to make a SCREW for the automobile.

[@caothu98]

Tôi đã thấy một chiếc tàu được làm bằng bìa catton chạy trên đường Cali, không nhầm thì tên của nó là Nhựt Tảo. Tôi chỉ biết ôm bụng và cười với trò đùa như con nít của họ, những người đã sợ hãi chạy khỏi VietNam. Họ tự hào về chiếc tàu ấy, bạn thấy thế nào ? Haha

[@noivongxoang235]

@@caothu98 Cả nước việt nam cũng muốn chạy khỏi việt nam, không đúng sao? Ông nói chuyện có vẻ con nít đường Cali nó khác đường Việt nam chỗ nào, ông còn không biết

[@2598hdjabc]

V+ and red capitalism are scared of the truth coz they are the liars

[@DuyNguyen-ve4ks]

Congratulation Vinfast.

[@doodleng-lz2pd]

Vincrap. It’s a Chinese company. Stop being fooled!

[@crismic1]

be careful while investing in this IPO, the product is super flop and overrated

[@thuan6262]

Congratulations 😮🎉😂❤ vinfast

[@khmer2thebone]

clueless. she thinks "one step to the moon".

[@johnaltoro2691]

Market cap will be $23 million by 2026.

[@chloecamtra2694]

Congrats Vinfast for such an incredible movement!

[@titikati]

Watch the bad news

[@itsmemince]

good job VinFast!

[@ແກ້ວແກ້ວ-ອ5ບ]

Vietnam= Vinfast. Thailand= Wind Fart.

[@anhbansonnuoc]

Congratulation Vinfast

[@titikati]

Very naive ....or very dumb ?

[@soctrang958]

Congratulations vf…good luck…I wii buy when it is under $5

[@2598hdjabc]

Tomorrow

[@MeowMeow88]

She’s evi.l lying 🤥

[@noivongxoang235]

Is there even *1 company* in Viet nam that has the ability to make a SCREW for the automobile, make it properly? . I'm sure there's NONE, a SCREW, LMAO. So who *MADE* this electric car actually , you all know the answer right.

[@donnguyen8832]

It’s come to penny stock quickly . How survivors a Chinese parts assembly with lost over and step up now was 6 billion dollars and increased every dedicated

[@tuongtoperrol]

@bocphottaichinh 😅😅😅

[@Hana_Hobbies]

Great Job VinFast 🎉