VinFast Surpasses 20,000 EV Deliveries in October, Leading Southeast Asia's Electric Future
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2025
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Source: Businesswire
- Delivery Milestone: VinFast achieved over 20,000 EV deliveries in October, further solidifying its dominant position in the Southeast Asian market, reflecting consumer trust and support for local brands.
- Infrastructure Expansion: The company actively expanded its charging network and adjusted its product line to match local income levels, a series of measures that not only encouraged early adoption of EVs but also strengthened consumer confidence, propelling Vietnam to become one of the fastest-growing EV markets in Southeast Asia.
- Global Strategic Layout: VinFast is constructing new facilities in Vietnam and India, with plans for a new plant in Indonesia, indicating its commitment to establishing a distributed manufacturing base to support long-term regional industrial development.
- International Market Validation: VinFast's two-year presence in Canada aims to validate its engineering standards and customer support capabilities through performance in harsh conditions, thereby enhancing its credibility in global markets and fostering the overall development of Southeast Asia's EV ecosystem.
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Analyst Views on VFS
Wall Street analysts forecast VFS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VFS is 5.83 USD with a low forecast of 5.50 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 3.350
Low
5.50
Averages
5.83
High
6.00
Current: 3.350
Low
5.50
Averages
5.83
High
6.00
About VFS
VinFast Auto Ltd is a full-scale mobility platform focused on designing and manufacturing electric vehicles (EVs), e-scooters and e-buses. Its segments include Car, E-scooter and Ebus. The Car segment includes the design, development, manufacturing and sales of cars and related battery lease and battery charging services for cars. The E-scooter segment includes the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging services for e-scooters. The Ebus segment includes the design, development, manufacturing and sales of Ebus. Its EV models include the VF 3, VF e34, VF 8, VF 9, VF 5, VF 6, VF 7, the Green series, which includes Minio Green, Herio Green, Nerio Green, Limo Green, and VF Wild. It offers two trims of the VF 8 model in North America, Europe, Vietnam and the Middle East, the Eco and Plus. The Eco trim offers a longer driving range. The Plus trim offers high horsepower and luxury features, including a power-assisted tailgate.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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