Vietnam EV maker VinFast's Nasdaq show baffles sceptics

Vietnam EV maker VinFast's Nasdaq show baffles sceptics

FILE PHOTO: People walk next to a VinFast logo on a screen during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake/File Photo

Electric vehicle maker VinFast landed on Nasdaq with soaring share prices that just as quickly plummeted, raising questions about its valuation.