Vietnamese EV maker VinFast shares surge in Nasdaq debut

Vietnamese EV maker VinFast shares surge in Nasdaq debut

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

VinFast’s shares soared in thin trading in their Nasdaq debut on Tuesday following the Vietnamese electric vehicle maker’s $23 billion backdoor listing as the startup said it was likely to raise money from global investors within 18 months.