Vietnam's Vinfast plans US listing in a couple of years, says its CEO

A file photo of workers at Vinfast's auto plant in Hai Phong city, Vietnam. - Reuters

LOS ANGELES, Nov 21 (Reuters): Vietnamese automaker VinFast plans to list on the US stock market within the next couple of years, its chief executive told Reuters, joining a growing list of electric vehicle startups taking advantage of investor excitement to raise money.

VinFast, established in 2017 as part of Vingroup JSC, the largest conglomerate in the Communist-ruled country, also plans to start producing electric cars in the United States in the second half of 2024, global Chief Executive Michael Lohscheller said in an interview on Wednesday.