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I don't think so, their economic model is good for small sized countries but you can't scale it up. They today are just an "Import-Fix-Export" nation which has exports to GDP ratio of around 100%. Which is why their GDP growth started severely faltering while rest of Asia is doing much better.

VinFast market cap is a bubble, their revenues don't justify their sky high market cap. https://www.reuters.com/technology/vinfast-posts-deeper-loss-q1-eyes-july-completion-spac-merger-2023-06-16/ More than half a billion dollar loss every quarter. This is their quarterly revenues...