VinFast FY25 net loss widens 28.7% to VND 99.58 trillion; revenue more than doubles to VND 90.18 trillion

• VinFast fiscal 2025 net loss widened 28.7% to VND 99.58 trillion (USD 3.96 billion).
• Revenue more than doubled to VND 90.18 trillion (USD 3.59 billion), driven by higher vehicle sales volume across markets including Vietnam, India, Indonesia, Philippines, Europe, Middle East.
• Operating loss expanded 33.7% to VND 74.09 trillion (USD 2.95 billion), while gross margin improved 12.1 percentage points to negative 45.4% on benefits of scale and a more optimized cost structure.
• Administrative expenses climbed 60.4% to VND 14.27 trillion (USD 568 million) due to a VND 5.98 trillion impairment charge tied to North Carolina factory timing and development assumptions.
• North Carolina facility targeted to begin production in 2028, with operations stating impairment does not change long-term strategic commitment to U.S. market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vinfast Auto Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-052266), on April 30, 2026, and is solely responsible for the information contained therein.