VinFast Auto (VFS) Signs MoU With Exposure SARL, Here's What You Need to Know

​VinFast Auto Ltd. (NASDAQ:VFS) is one of the Best Penny Stocks That Will Skyrocket. On February 10, VinFast Auto Ltd. (NASDAQ:VFS) announced signing a Memorandum of Understanding with Exposure SARL, a company in the Democratic Republic of the Congo, for potentially supplying green taxi services in Kinshasa. ​

This marks an important milestone for VinFast’s international expansion strategy. Management noted that as part of this deal, VinFast and Exposure will develop a rollout for the first batch of EVs, focusing on commercial models including Limo Green and Herio Green. The aim is to kickstart an all-electric taxi fleet, cutting urban emissions in Kinshasa’s passenger transport. Moreover, Exposure has also expressed interest in becoming the official distributor for VinFast in Congo.

​That said, VinFast Auto Ltd. (NASDAQ:VFS) is also looking to grow its vehicle deliveries in 2026. On February 9, the company announced that it aims to deliver 300,000 electric vehicles in fiscal 2026. Moreover, two-wheeler vehicles delivered are also expected to be at least 2.5 times the 2025 deliveries. Fiscal Q4 2025 and full-year results are expected to be released on March 16, 2026.

​VinFast Auto Ltd. (NASDAQ:VFS) is a Vietnamese electric vehicle (EV) manufacturer, part of Vingroup, focused on designing and producing smart electric cars, e-scooters, and electric buses for global markets, aiming to make EVs accessible with premium features, advanced tech, and sustainable mobility solutions.

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Disclosure: None. This article is originally published at Insider Monkey.