(VOVWORLD) - Vietnamese EV maker VinFast filed a registration statement with the US Securities and Exchange Commission on Tuesday, the first formal step toward a public offering next year.
VinFast will trade on the Nasdaq under the symbol “VFS”. To prepare for VinFast’s IPO, by the end of last year Vingroup restructured the ownership and currently holds more than 51.5% of shares in VinFast Vietnam.
VinFast currently owns a green transportation line, including electric cars, buses, and motorcycles, and a nationwide network of charging stations. VinFast is expanding its e-vehicles globally.