VinFast Auto Ltd. (VFS) Scales Up Indonesia Expansion After Plant Launch [Yahoo! Finance]
VinFast Auto Ltd. - Ordinary Shares (VFS)
Company Research
Source: Yahoo! Finance
VinFast Auto Ltd. (NASDAQ:VFS) will boost its investment in Indonesia to up to $1 billion. This announcement follows VinFast Indonesia's inauguration of its first manufacturing plant in Indonesia, with an annual production capacity of 50,000 cars. In light of this, the VinFast Indonesia CEO, Kariyanto Hardjosoemarto, said, “VinFast will continue to increase its investment to $1 billion, with an increase in production capacity to 350,000 per year,” adding that VinFast Auto Ltd. (NASDAQ:VFS) has already invested $300 million in the region. He noted that the plant in Subang, West Java, recently began trial production and is anticipated to run at full capacity in the first quarter of 2026. While it depends on future demand, VinFast's investment in Southeast Asia's largest economy could surpass $1 billion, Kariyanto concluded. Even on its earnings call, management highlighted the company's focus on expanding its international footprint and announced a new vehicle platform for 2026, w
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VFS
News
- Is VinFast Auto Ltd. (VFS) One of the Best US Stocks to Buy Under $50? [Yahoo! Finance]Yahoo! Finance
- Black Spade Acquisition III Co Announces Closing of $172.5 Million Initial Public Offering, Including Full-Exercise of Over-Allotment Option [Yahoo! Finance]Yahoo! Finance
- VinFast Auto (NASDAQ:VFS) had its "buy" rating reaffirmed by analysts at Chardan Capital. They now have a $5.50 price target on the stock.MarketBeat
- Black Spade Acquisition III Co Announces Pricing of $150 Million Initial Public Offering [Yahoo! Finance]Yahoo! Finance
- VinFast Auto Ltd. (VFS) Delivers 23,186 Electric Vehicles in November 2025 In Vietnam [Yahoo! Finance]Yahoo! Finance
VFS
Earnings
- 11/21/25 - Miss
VFS
Sec Filings
- 1/30/26 - Form 6-K
- 1/26/26 - Form 6-K
- 1/13/26 - Form 6-K
- VFS's page on the SEC website