Vinfast group shares. Today, instead of talking about the price of hive, I will mention the shares of Vinfast Group, one of the Vietnamese corporations that was IPO on the US stock exchange. A few months ago, it was listed on the US stock exchange, laying the foundation for development for Vietnamese businesses.
Vinfast stock's highest peak was on August 28, when it reached $82, making many Vietnamese people very happy at that time because a Vietnamese stock had developed so strongly. but today the stock is only $5.21 at the lowest point of $4.5. So what led to this stock's decline?
In my opinion, the first comes from Chinese electric vehicle businesses, which are very strong and spreading very quickly around the world. Second, because the leading competitor, Tesla, has deeply reduced the prices of its products, affecting Vinfast.
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