VinFast shares are moving higher as investors continue to reposition around the company’s latest operating update: record 2025 deliveries and management’s 2026 guidance calling for at least 300,000 EV deliveries. VinFast released preliminary and unaudited fourth-quarter and full-year 2025 results on March 16, 2026, stating full-year deliveries of 196,919 EVs and reiterating aggressive scaling plans for 2026, which has supported speculative demand in the name.

VFS has repeatedly shown exaggerated day-to-day price swings, and today’s gain fits that pattern. With a relatively tight trading float versus the company’s overall share count, incremental buying can push the stock sharply, and upward moves can be further reinforced by momentum strategies and intermittent short-covering as prices lift through near-term technical levels.

Near term, traders are focused on whether VinFast can convert guidance into a sustained delivery trajectory and improve unit economics as it scales. Another sentiment driver is the company’s updated U.S. manufacturing timeline: VinFast has said it expects to resume construction of its planned North Carolina factory in 2026, with production targeted for 2028—an initiative that could bolster long-term ambitions but also keeps attention on funding needs and cash burn.

Today’s rally looks less like a single fresh headline and more like an extension of the post-results/guidance narrative, with price action magnified by thin-float trading characteristics. Investors will likely continue to trade the stock around delivery datapoints, financing capacity, and any concrete milestones on overseas manufacturing expansion.