From Nasdaq, Inc.:

Vietnamese electric vehicle maker VinFast plans to increase its public trading float to 10-20% by the end of 2023. The company’s chairperson, Le Thi Thu Thuy, expressed the plan at the CES trade show in Las Vegas. VinFast saw a net loss of $623 million in the third quarter of last year, despite selling over 21,000 electric vehicles. The company is navigating the EV market alongside industry leaders like Tesla and Chinese companies.



Read more: EXCLUSIVE-EV maker VinFast aims to raise free float to 10%-20% by end 2024-Chair