【Multi SUB】The Vietnamese EV That Was Briefly Worth More Than Ford and GM #shorts

🌐 Subtitles Available: 🇺🇸 English | 🇰🇷 한국어 | 🇹🇭 ภาษาไทย | 🇨🇳 中文 | 🇻🇳 Tiếng Việt | 🇮🇩 Bahasa Indonesia | 🇵🇭 Filipino

Vietnam's richest man, Pham Nhat Vuong, started selling instant noodles in Ukraine. Then he built Vingroup. Then he made VinFast — an EV company that had never turned a profit and sold only 24,000 cars total. After a SPAC merger in August 2023 with only 1% float, the stock soared 830%. Peak market cap: $191 billion. Bigger than Ford. Bigger than GM. Bigger than BMW.

Full episode: https://youtu.be/dLW9M0PEYx4

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#shorts #vinfast #phamnhatvuong #vietnam #ev #spac #stockmarket #southeastasia #seadailybuzz

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