VinFast Auto Stock News

VinFast Auto (VFS -1.77%) has always been an intriguing company. It's a Vietnamese automaker that dominates its home market in electric vehicles (EVs) but has ambitious plans to expand into the valuable U.S. and European markets.

MARKHAM, Ontario--(BUSINESS WIRE)--VinFast announced its participation in the Montreal Electric Vehicle Show (MEVS) 2025, taking place from May 2–4, 2025, at booth #364, IGA Stadium. In its second appearance at MEVS, VinFast will showcase a diverse range of EVs, further asserting its enduring commitment to advancing sustainable mobility solutions in Canada and globally. MEVS remains Canada's pr...

VinFast Auto Ltd (NASDAQ:VFS) reported mixed results for the fiscal fourth quarter of 2024, as a surge of electric vehicle deliveries drove a stronger-than-expected top line amid profitability challenges. The Vietnamese auto company reported revenue of $677.9 million, ahead of Street estimates of $659.3 million.

VinFast Auto Ltd. (NASDAQ:VFS ) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Nhi Nguyen - Investor Relations Le Thi Thu Thuy - Chairwoman of the Board Nguyen Thi Lan Anh - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Greg Lewis - BTIG LLC James McIlree - Chardan Capital Markets Operator Good day, and thank you for st...

SINGAPORE , April 24, 2025 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024.

Vietnamese electric-vehicle maker Vinfast reported a 70% jump in fourth-quarter revenue on Thursday, helped by higher deliveries of its electric vehicles.

Vietnamese electric vehicle maker VinFast plans to open a car assembly plant in India by the end of June and another one in Indonesia in October, its chief said on Thursday, as the company shifts its focus to Asia.

VinFast Auto has seen significant delivery growth, achieving 342% Y/Y in Q4'24, but continues to incur substantial losses. The EV maker is expanding globally and aims to double deliveries in 2025, potentially reducing operating losses over time. This year, VinFast Auto will continue to roll out new EV models and expand its dealer and service network in overseas markets.