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VINGROUP JOINT STOCK COMPANY

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Vingroup names vice chair as CEO of its automaking arm

12/27/2021 | 08:58am EDT

(Reuters) - Vietnamese conglomerate Vingroup JSC on Monday named Vice Chair Le Thi Thu Thuy as the global chief executive officer of its automaking arm VinFast.

Thuy replaces Michael Lohscheller, who will return to Europe due to personal reasons, Vingroup said.

Thuy, who will continue to serve as vice chairwoman of Vingroup, takes over as VinFast's chief at a time when the electric carmaker has been planning to go public in the United States.

(Reporting by Shivansh Tiwary in Bengaluru; Editing by Shailesh Kuber)


© Reuters 2021
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Analyst Recommendations on VINGROUP JOINT STOCK COMPANY
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Financials
Sales 2022 155 198 B 6 679 M 6 679 M
Net income 2022 1 130 B 48,6 M 48,6 M
Net Debt 2022 126 080 B 5 426 M 5 426 M
P/E ratio 2022 68,5x
Yield 2022 -
Capitalization 288 290 B 12 408 M 12 408 M
EV / Sales 2022 2,67x
EV / Sales 2023 1,94x
Nbr of Employees 88 220
Free-Float 24,0%
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Technical analysis trends VINGROUP JOINT STOCK COMPANY
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TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 3
Last Close Price 77 700,00 VND
Average target price 105 233,33 VND
Spread / Average Target 35,4%
EPS Revisions
Managers and Directors
Quang Viet Nguyen Vice Chairman & Chief Executive Officer
Vuong Nhat Pham Chairman
Hiep Khac Le Vice Chairman
Marc Villiers Townsend Independent Director
Hang Thuy Pham Vice Chairman
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