Market Uncertainty Could Delay VinFast's U.S. IPO Until 2023 | Carscoops

VinFast’s initial public offering in the United States could be delayed until next year because of ongoing uncertainty in the market.annual general meeting, Vingroup Chairman Pham Nhat Vuong said the IPO is currently scheduled for the fourth quarter of this year but acknowledged it might be pushed back. To quell fears among potential investors, he noted that the IPO will go ahead, “no matter how uncertain the market.

”“We are eyeing a Q4 IPO, but there are lots of ongoing market uncertainties now… If necessary we may delay it to next year,” Vuong said. “The IPO is not just for fundraising. It’s also about marketing and claiming VinFast’s position globally.”has big plans in the United States. The most significant of these plans is the establishment of a large assembly plant in Chatham County, North Carolina which was confirmed back in late March.

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