VinFast Auto (VFS) Targets Europe Expansion, Is The Valuation Gap Too Wide?

VinFast Auto (VFS) is putting Europe at the center of its next phase, rolling out the VF 6 compact SUV for city drivers and certified EB 8 and EB 12 electric buses for public transport operators. These Europe focused launches come after a tough stretch for VinFast Auto on the market, with the share price down 4.67% over the past month and 9.47% year to date. The 3 year total shareholder return has declined 53.14%, signaling that recent product momentum is arriving against a backdrop of long...