SINGAPORE – Media OutReach Newswire – 17 April 2024 –VinFast Auto Ltd. (“VinFast” or the “Company”) (Nasdaq: VFS), a subsidiary of Vingroup JSC, today announced its unaudited financial results for the first quarter ended March 31, 2024.
First quarter revenue rose 269.7% year-over-year (YoY) to $302.6 million.
Deliveries rose 444% YoY to nearly 9,700 vehicles.
Launching in new key markets in Southeast Asia, including Indonesia and Thailand, entering the Middle East & Africa, starting construction of a manufacturing facility in India, and growing sales network worldwide.
Reaffirmation of the 100,000 vehicle deliveries target in 2024.
The collaboration will help to enhance cross-border payments for Shoplazza’s 500,000+ merchants, improve payment success rates, and support the growth…