Loss-making Vietnamese carmaker valued at more than Ford and BMW

VinFast, owned by Vietnam’s richest man, achieves valuation of $85bn despite scathing early reviews of its electric vehiclesA loss-making carmaker founded by Vietnam’s richest man has been valued by investors at more than Ford and BMW, despite making only 20,000 electric... #press

https://www.theguardian.com/business/2023/aug/16/loss-making-vietnamese-carmaker-vinfast-valued-at-more-than-ford-and-bmw?utm_source=press.coop

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