The Vietnamese version of Evergrande car has become a reality! Well, I have to say that Hui Ka Yan, the former richest man in China, was born at an untimely time. In Vietnam, a cutting-edge car brand called Vinfast calls itself “Vietnamese Tesla”. Not only has it dominated Vietnam’s electric vehicle market, surpassing China’s emerging electric vehicle brands, but it has also opened stores in the United States.

Now, it is preparing to go to the United States to set up a factory, with a valuation of up to 60 billion U.S. dollars, and it will soon ring the bell on Nasdaq. Facing this electric car factory from Vietnam, Biden said: “Welcome” What many people don’t know is that this is a Vietnamese version of China’s Evergrande Motors. It almost copied the business model of China’s Evergrande Automobile, but Evergrande Automobile failed, and it has achieved the biggest success in Vietnam’s automobile history, and has become the most famous electric vehicle brand in Vietnam.

Why did Vietnam’s Vinfast, which copied China, make a big victory, while China’s Evergrande’s road is on the verge of bankruptcy? Why did these two richest men from China and Vietnam achieve completely different results when they did the same thing? OK, that and more is exactly what we are going to talk about today. Let’s get started!


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