VinFast posted revenue of nearly 53,200 billion VND (about USD 2.1 billion) in the first six months, up 61% year on year, according to its Q2 financial report released on October 19. Around 95% of revenue came from vehicle sales, and the company delivered about 128,685 electric cars globally, up 77%, along with nearly 430,000 motorbikes and e-bicycles. Even so, VinFast still posted a post-tax loss of nearly 28,400 billion VND, narrower than the loss of over 38,300 billion VND a year earlier, and accumulated losses fell from nearly 174,000 billion VND to 116,807 billion VND. The company divested from VFTP, which holds its manufacturing arm, including two plants in Vietnam, and bears about 182,000 billion VND in financial debt; VFTP will keep producing vehicles on VinFast's orders. Experts say separating manufacturing could help VinFast turn a profit sooner, as lower production costs and improved cash flow are expected.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: VinFast thu hơn 2 tỷ USD trong nửa đầu năm
Read the original on VnExpress ↗
Keywords
VICelectric vehiclesearningsVietnam
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Related tickers and likely impact
VIC
▲ Likely positiveVinGroup
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 1,656,797 bn VND |
| P/E | 77.8 |
| P/B | 9.69 |
| Close on 10/19/2026 | 207.00 |
| Change that session | -3.72% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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