VinFast could be the next Tesla, or the next Fisker, and there isn't much room in between.

VinFast Auto ( VFS -1.14% ) was an intriguing electric vehicle (EV) maker from the moment it went public. It has state-of-the-art production facilities, dominates its home market in Vietnam, has the backing of a wealthy founder, and touts its international ambitions.

While it managed to capture the imaginations of investors hoping they found a diamond in the rough with immense upside, the automaker has failed to capture sales in the U.S. and European markets. Is VinFast doomed to shut its doors and become the next Fisker?

What have you done for me lately?

After dominating its home market, VinFast drooled at the idea of becoming a major player in two of the world's most important EV mar

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