Investors are willing to pay $89 per VinFast share, suggesting that the company is worth $200 billion and prompting some experts to call its performance a bubble that's set to burst
Moreover, the quality of the vehicles has been questioned by North American automotive critics. It also struggled to make internal combustion engine vehicles for years before finding some success in Vietnam with electric vehicles..
While it would be pessimistic to suggest that the automaker is doomed to fail, its stock price seems to have little to do with how realistic its chances of success truly are. That has led some experts to proclaim the performance of the shares to be a “bubble” that could burst at any moment.
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