This is a cross post from WSB sub. I avoid options trading generally, so perhaps this is a better sub for general discussion and opinions on Vinfast and its potential to grow significantly.
I just returned from my first trip to Vietnam. I'd never taken Vinfast seriously as a company and the stock is about junk level currently.
I was absolutely shocked to see in person the market saturation of Vinfast products in Vietnam. I took a LOT of taxi rides. Rode in several Vinfast models and saw literally thousands more all over the country. Not all by any means were the electric models.
Talked with at least ten owners of personal cars. The overall impression was not negative. Their scooters even had a solid market share.
In crowded urban areas the EV's were extremely popular. This makes sense for places like Vietnam major cities where driving distances and speed are not very quick or far by American standards.
Just curious about this sub's opinions on the company long term. They have started global sales, even available in parts of America now.
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