VinFast Reports Unaudited First Quarter 2024 Financial Results


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.

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