Vietnamese electric vehicle manufacturer Vinfast has ignited a frenzy in the market. Shares of the company surged a staggering 21% in a single day, marking a continuation of the electric automaker's whirlwind ascent. With its valuation now surpassing $160 billion, Vinfast has established itself as the third-most valuable player in the auto industry, trailing only Tesla and Toyota.

Vinfast: EV maker's shares surge 21% in market rally

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