Rajiv MenonAutomotive
VinFast Cuts Net Loss to $56 Million on Factory Disposals
A $1.18 billion gain from offloading domestic production sites offset a 48 per cent jump in quarterly operating losses as deliveries reached 70,085 units.
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vinfast
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Stories tagged vinfast
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Wei ZhangAutomotive
VinFast Affiliate GSM Launches First Overseas Motorbike Service in Jakarta
The expansion into Indonesia offers a new sales channel for the loss-making electric vehicle maker.
Sarah ChenAutomotive
VinFast Vietnam Doubles Capital to $388M, Streamlining Global Auto Design and Sales
VinFast Vietnam, a budding organization specializing in the design and sale of VinFast vehicles, recently increased its capital funds substantially. The company doubled its capital from VND5.18 trillion to VND10.18 trillion, equivalent to US$388 million, by…
Aiko TanakaAutomotive
VinFast Shatters Records with Over 115,000 EVs Sold in H1 2026: Dominates Vietnamese Auto Market
In the first six months of 2026, Vietnamese electric vehicle manufacturer VinFast marked significant growth in the domestic market, reporting a 72% year-on-year increase with a record preliminary domestic delivery of 115,916 electric vehicles (EVs). This…
Maria SantosAutomotive
VinFast Powers Green SMs Global Expansion with One Million Electric Cars by 2030
VinFast, a prominent electric car manufacturer, has unveiled a bold strategy to supply one million electric vehicles (EVs) to Green SM, a rising ride-hailing service, by 2030. In addition to this, the deal stipulates the addition of four million electric…
Wei ZhangAutomotive
VinFast Shatters Records: Skyrocketing EV Sales and Revenue Propel Vietnamese Automaker into Global Spotlight
Vietnamese electric vehicle manufacturer, VinFast, achieved record-breaking figures in both revenue and EV deliveries during 2025. The impressive results, which saw a 102% increase in electric cars delivered compared to 2024, were fueled by a global surge in…
Rajiv MenonAutomotive
VinFast Smashes Sales Record in November with Unprecedented Delivery of Electric Vehicles
VinFast, a leading automaker, reported a record-breaking delivery of 23,186 electric vehicles in November. This figure contributes to the company’s impressive tally of 147,450 units supplied since the start of the year, reinforcing its dominant position in…
Wei ZhangAutomotive
VinFast Set to Revolutionize Transport with Hybrid Vehicles in 2023: A Game Changer in the EV Market?
VinFast, a Vietnamese automaker, is reportedly planning to tap into the hybrid vehicle market by next year. The company will reportedly add gasoline-powered generators to its existing electric vehicle models, easing the transition for consumers into the…
Maria SantosAutomotive
VinFast VF 5 Dominates Market, Outselling Rivals Fourfold in City Car Segment
Vietnamese electric automaker VinFast’s VF 5 exemplifies a remarkable shift in the automotive landscape, dominating the A+ crossover utility vehicle segment with over 27,000 units sold. The VF 5 emerged as the uncontested leader in the A+ crossover utility…
Minjun Park
VinFast Achieves Impressive $1.3B Revenue Milestone in First Half of 2023
Vietnam’s Nasdaq-listed electric vehicle pioneer, VinFast, has reported impressive revenues of VND32.92 trillion (US$1.3 billion) for the first half of 2025, marking a remarkable 92% increase compared to the same period last year. This surge in revenue can be…
Aiko TanakaAutomotive
VinFast Unveils Exclusive Armored Limousine Designed for Elite Leaders and VIPs
Vietnamese automaker VinFast has unveiled its latest offering, the Lac Hong 900 LX—an armored limousine tailored for transporting political figures. This opulent vehicle made its debut at the “80 Years of Independence – Freedom – Happiness” exhibition held at…
Sarah ChenAutomotive
VinFast Dominates Small Crossover Utility Market with Innovative Offerings and Exceptional Performance
VinFast is dominating the small crossover utility vehicle (CUV) market in Vietnam, capturing more than 64% of sales in the first half of 2025, leaving competitors like Toyota far behind. In a remarkable surge, the VinFast VF 3 model emerged as the star…
Sarah ChenAutomotive
VinFast Takes Charge: Covering Registration Fees for Electric Bikes in Hanoi!
As Hanoi gears up to ban gasoline-powered motorbikes from next July, Vingroup, Vietnam’s leading conglomerate, is stepping in with an enticing offer for those ready to embrace the electric future with VinFast bikes. According to a proposal submitted by the…
Rajiv MenonAutomotive
Pham Nhat Vuong, Vietnam’s richest man, donates $800M to boost automaker VinFast’s ambitions
Billionaire Pham Nhat Vuong, the chairman of the private conglomerate Vingroup and recognized as Vietnam’s wealthiest individual, has injected a staggering VND20.5 trillion (approximately US$790 million) into the automaker VinFast between November and May.…
Minjun ParkAutomotive
VinFast Plans to Launch 100+ Electric Vehicle Service Centers Across the Philippines
VinFast, Vietnam’s rising star in electric vehicle (EV) manufacturing, is gearing up to revolutionize the automotive landscape in the Philippines. In an exciting announcement, the company revealed a partnership with four key Philippine firms to roll out over…
Wei ZhangAutomotive
VinFast Anticipates 2024 Sales Surge, Aiming for Double Deliveries by 2025
VinFast Sees Strong Revenue Growth Amid Global Market Challenges Company Reports Significant Increases in Deliveries and Revenue VinFast, the Vietnamese electric vehicle (EV) manufacturer, has demonstrated impressive revenue growth in its unaudited financial…