Vingroup enables VinFast owners to redeem VFS stock rewards

Vingroup has issued a notice to VinFast vehicle owners regarding the redemption of a gift consisting of 30 shares of VinFast Auto Ltd. (VFS), which is listed on the Nasdaq. This reward program was originally initiated in August 2023 by billionaire Pham Nhat Vuong to express gratitude to customers and mark the milestone of a Vietnamese company listing on the US stock market.

According to the latest announcement, eligible customers holding these shares can request to convert them into cash between September 18 and September 30, 2026, with the expected payout in December 2026. At current market rates of approximately $3.15 per share, the gift is valued at nearly $100, or roughly 2.6 million VND.

Since its Nasdaq debut on August 15, 2023, VFS stock has experienced significant volatility, reaching highs of over $93 before stabilizing. As of mid-September 2026, the stock has been trading within a narrow range between $3.1 and $3.3 per share.