Hanoi, Sept 5, 2025 (AFP) - Vietnam's EV maker VinFast reports $812 million Q2 loss

NAMPA / AFP

2025-09-05

Vietnam's electronic vehicle (EV) manufacturer VinFast reported a net loss of $812 million in the second quarter, despite deliveries jumping significantly. The communist state's first homegrown car manufacturer -- under the Vingroup conglomerate owned by Vietnam's richest man -- is aiming to compete with global EV giants such as Tesla. But it has struggled to break into the international market, with its shares fluctuating wildly since debuting o......

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