VinFast delivered 70,085 electric cars worldwide in Q2 2026, up 20% from Q1 and 96% year on year, with international markets accounting for about 11% of deliveries. Q2 total revenue reached VND 30,340.9 billion (US$1,203.7 million), up 85.5% year on year, mainly from car sales. The company also delivered 286,039 electric motorbikes and e-bikes, and Chairman and CEO Pham Nhat Quan Anh said VinFast will keep expanding in the Philippines, Indonesia and India, with strategic steps in the US and Europe. The VF Wild range-extended model, already on sale in Vietnam, is expected to reach international markets in 2027, and as of June 30 VinFast had held the No. 1 spot in Vietnam's car market for 22 consecutive months with a share of about 38%.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: VinFast bán ra hơn 70.000 ô tô điện trên toàn cầu, ông Phạm Nhật Quân Anh hé lộ kế hoạch đưa xe mới ra quốc tế năm 2027
Keywords
VinFastelectric vehiclesearningsVietnam
Open a keyword to see other news on the same topic.
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 | 1,723,069 bn VND |
| P/E | 80.9 |
| P/B | 10.08 |
| Close on 10/20/2026 | 209.00 |
| Change that session | +0.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- VinFast Has Found Its “Chicken” — So What Next?
VinFast's growth is opening opportunities for Vietnamese supporting-industry firms to join the auto supply chain more deeply, helping to break the “chicken-and-egg” deadlock between assemblers and suppliers. However, having a large customer does not mean an industrial ecosystem has formed, so lead enterprises must guide markets, technology and production organization to connect and upgrade the entire network. At Vingroup's supplier development conference on October 16, Ms. Thái Thị Thanh Hải, Vice Chairwoman of Vingroup, said any process VinFast performs itself can be transferred to qualified suppliers, including machinery and equipment. Vingroup also proposed that one lead supplier coordinate the enterprises further down the chain, while VinFast helps suppliers improve quality management and sometimes sends experienced technical staff to solve production problems.
- In Just 3 Months, a Vietnamese Company Delivers 70,000 Cars to Customers Worldwide
VinFast delivered 70,085 electric cars in Q2 2026, up 20% from Q1 and 96% from the same period in 2025, according to its unaudited financial report. Total revenue reached VND 30,340.9 billion (about USD 1,203.7 million), up 85.5% year on year, with car sales revenue of VND 28,833.1 billion, up 92.7%. The company attributed the growth to demand in Vietnam and rising contributions from India, Indonesia and the Philippines, while international markets accounted for about 11% of deliveries. The company delivered 286,039 vehicles in Q2, up 100% from the previous quarter and 311% from a year earlier, with electric motorbikes and e-bicycles also growing notably. As of June 30, 2026, VinFast had 474 stores worldwide and held first place in Vietnam's car market for 22 consecutive months, with a share of about 38%.
- Has VinFast found the 'chicken' to solve Vietnam's auto industry's toughest dilemma?
Vietnam's auto industry has long been stuck in a chicken-and-egg dilemma: low output discourages suppliers from investing, while a weak supporting industry keeps costs high. The article argues that VinFast's growing output could create the stable demand suppliers have been waiting for. VinFast delivered 196,919 electric vehicles globally in 2025, up 102%, including 46,977 VF 3s, and in the first nine months of the year it delivered 42,272 VF 3s and 40,018 Limo Green vehicles in Vietnam alone. The company said it added 55 domestic suppliers and localized 108 component groups in one year, and opened supply opportunities for its plants in India and Indonesia. However, suppliers still need stable, long-term orders, as well as competitive quality, cost and logistics, before they can commit to new investment.
- Supplying pallets, trolleys, steel cages... to a Vingroup company, a Vietnamese business reports revenue nearly doubling and plans two more factories next year
CNC Hà Nội, which supplies pallets, packaging crates, trolleys and steel cages, reported revenue of over 225 billion VND in the first nine months of 2026, about double the more than 110 billion VND recorded in 2025. It became a direct supplier to VinFast in 2025, having supplied the automaker indirectly through its suppliers since 2017. Its workforce has also nearly doubled, and it produced nearly 100,000 packages in the first nine months. The company plans to open two more factories in Hanoi and Hung Yen in 2027 if customer demand is strong enough, and hopes to supply VinFast's overseas plants in Indonesia and India, though these are expectations rather than confirmed orders.
- Teaming up with billionaire Phạm Nhật Vượng, Vietnamese firm secures hundreds of millions in orders to build automated production lines for VinFast, now eyeing India and Indonesia
Before 2018, Weldcom mainly supplied equipment and metal fabrication services. It has partnered with VinFast since 2018 and was the first Vietnamese contractor to design, install and commission an electric motorcycle production line. In Hải Phòng it rebuilt a car body-shop line with over 200 robots, then took on a similar role in Hà Tĩnh and worked on VinFast projects in India and Indonesia. From 2018 to end-2025, contracts signed with VinFast exceeded USD 200 million, and total company revenue ranged from about VND 3,000–4,000 billion, of which VinFast projects accounted for roughly 50–60%. The company is also approaching large Indian automakers such as Mahindra and Tata to diversify beyond the VinFast ecosystem.
- Green SM Arrives in the US
Green SM, a Vietnamese all-electric taxi operator, launched its service in Los Angeles on October 14, its first presence in North America and its eighth international market outside Vietnam. Riders can book through the app, call the hotline or hail a car on the street, and drivers also take long-distance trips and airport transfers. The service uses VinFast VF 8 all-electric cars, with drivers recruited and trained directly by the company. New users get 50% off fares, up to 12 USD per ride for their first 5 rides; the free Green Pass membership offers 10 discount codes a month at 30% off, up to 10 USD each. The company says it has completed about 850 million trips and nearly 6 billion km, cutting more than 800,000 tonnes of CO2 emissions.
Related markets
Latest news
- What Does i-80 Gold (TSX:IAU) Prioritizing Mineral Point Mean For Its Nevada Plan?
i-80 Gold (TSX:IAU) has outlined an updated Nevada development plan that puts the Mineral Point open pit next in line after the underground hub, alongside progress on refurbishing assets such as the Lone Tree processing plant. The company is also advancing permits across its Nevada portfolio to build out several deposits in a coordinated way. The article says this could move i-80 Gold toward a blended operation combining high-grade underground feed with large-scale heap leach oxide output, spreading fixed costs, though execution and cost control remain central risks. Key checkpoints include first ore from Archimedes underground in Q4 2026, completion of Lone Tree feasibility and pre-commissioning steps toward a late 2027 plant start-up, and Mineral Point and Archimedes studies targeted around mid-2027.
- Meta's Threads Now Has More Monthly Users Than X
Mark Zuckerberg told investors on the October 21, 2026 earnings call that Threads has overtaken X in monthly actives, but Meta published no figure to support the claim. The last reported Threads count was 500 million monthly users, announced June 16, 2026. Third-party estimates measure daily mobile users instead: Threads first passed X globally in the week of September 15 to 21, 2025, at 130.2 million versus 130.1 million, while X still leads on web and among U.S. mobile users. X's advertising revenue was $1.248 billion for the first nine months of 2026, below $1.323 billion a year earlier, and Meta's financials show no benefit from the user lead yet.
- Famous Billionaire Calls AI a Bubble — But That Is Not What His Money Says
Citadel founder Ken Griffin told Bloomberg at Citadel's Future of Global Markets conference that there are almost certainly bubbles within the current AI boom. He compared GPUs to airline seats, warning that once capacity exceeds demand prices may collapse, similar to the fiber-optic bust around 2000. Yet Citadel's amended 13F for Q2 2026 showed about $8.6 billion in five AI-linked companies, with Amazon its second-largest holding; its Amazon and Microsoft share counts rose 34% and 43%, while Nvidia shares fell about 37%. The filing also disclosed options on Nvidia and Micron that may hedge risk, and it is only a snapshot as of June 30.
- Procter & Gamble Jumps 6% as Earnings Beat Draws Defensive Buyers; Johnson & Johnson Rises 3%, Coca-Cola Ticks Up
Procter & Gamble shares rose 6% to $166.19 in morning trading after its Q1 FY2027 results beat expectations, with core EPS of $2 versus the $1.89 consensus and net sales of $23.28 billion against $22.82 billion expected. CFO Andre Schulten said the U.S. consumer is “remarkably resilient,” though lower-income shoppers are more cautious. The company kept its full-year outlook of 1% to 3% organic sales growth and core EPS of $6.89 to $7.11. Core gross margin fell 150 basis points year over year, and the company expects $1.4 billion in after-tax commodity cost pressure this fiscal year. Johnson & Johnson rose 3% and Coca-Cola 2% as defensive stocks drew buyers, while the SPDR S&P 500 ETF Trust fell 1%.
- Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Ark Invest, which publishes Cathie Wood's ETF trades daily, added to existing positions in Netflix (NFLX), Oklo (OKLO) and Intuitive Surgical (ISRG) on Wednesday, and all three are down between 7% and 80% over the past year. Netflix hit a two-year low after guiding to an 11.5% revenue increase for the final quarter, its weakest showing in more than three years, though it has more than 300 million members and trades at 17 times next year's estimated earnings. Oklo has surrendered 86% of its value from its all-time high, with a $5.2 billion market cap and revenue not expected to top $10 million next year. Intuitive Surgical is down 7% over the past year and nearly a quarter in 2026, as analysts see revenue growth slowing to 13% next quarter.
- Vistra Is Up 11% in a Month. Is Washington’s $4.2 Billion Nuclear Loan Really That Good?
Vistra (VST) shares are up 11% over the past month after a conditional commitment of up to $4.2 billion from the Energy Department for 433 MW of uprates at Beaver Valley, Davis-Besse and Perry, and a 20-year Constellation Energy deal with Google lifted power producers. The article sees the loan as a good deal for those three plants, but it comes with conditions and does nothing about the soft Texas power prices weighing on the 2027 outlook. Analysts expect normalized EPS to more than double from $4.76 in 2025 to $10.37 in 2027, yet the stock trades at about 15x forward earnings, in line with its five-year average. Vistra updates its 2027 guidance with third-quarter results on Nov. 6, and the author argues the stock is worth owning into that report. However, if the 2027 adjusted EBITDA midpoint falls well short of about $8.1 billion and management blames Texas prices, the loan will not help much.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.