New Model Revelation Spikes VinFast (VFS) Stock

VinFast Auto Ltd. (NASDAQ: VFS) shares exhibited notable momentum on the US market, surging by 11.77% to culminate the trading session at $8.45. This surge in VinFast stock value followed the company’s involvement in a significant occasion.

VinFast (VFS) officially declared its intent to address and present its cutting-edge VF 9 Electric Vehicle (EV) at the annual United Nations summit dedicated to climate change, COP28. This summit, taking place from November 30 to December 12, 2023, in Expo City, Dubai, stands as the paramount global platform for decision-making on climate-related matters.

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Anticipated to convene more than 70,000 attendees, including heads of state, global leaders, and representatives from diverse sectors, COP28 serves as a nexus for forging consensus and advancing initiatives related to climate action. The Vietnamese delegation, spearheaded by Prime Minister Pham Minh Chinh, comprises officials from government bodies, organizations, and prominent Vietnamese enterprises.

VinFast is privileged to present and exhibit its EV during this high-profile event. Madame Le Thi Thu Thuy, Vice Chairwoman of Vingroup and Global CEO of VinFast, is slated to participate in a panel discussion alongside international leaders.

The topic of discourse, “Strengthening Sustainable Supply Chain Resilience,” holds significant importance as it provides VFS with a platform to elucidate its green mobility solutions and sustainable development strategies, thereby contributing to a more sustainable future.

VinFast aims to play a proactive role at COP28, sharing insights on the establishment and upkeep of sustainable supply chains. Collaboratively, the goal is to make substantial contributions to the global agenda of sustainable development. Recognized as a crucial forum for fostering innovation and championing climate change mitigation efforts, COP28 aligns with VinFast’s steadfast commitment to delivering eco-friendly, intelligent, and inclusive mobility solutions.

Beyond its participation in COP28, VFS is unveiling its premier model, the VinFast VF 9, for the first time in the region. This full-size, all-electric luxury SUV boasts an impressive 402 horsepower and a competitive EPA range of 330 miles, underscoring VinFast’s dedication to pioneering green mobility solutions.

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