🟢 VinFast Auto is trading 4% up today after announcing a $1.2 billion real-estate acquisition

VinFast Auto is trading at $3.25 (+4.01%) after announcing that its Vietnamese subsidiary will acquire 100% of Ngoc Hoi Real Estate Investment Joint Stock Company for approximately $1.2 billion.

• The transaction is intended to add real-estate earnings and cash flow while supporting electric-vehicle growth.
• A broader risk-on session, including a 1.68% Nasdaq gain, likely provided additional support.