Business
VinFast Reports Unaudited Third Quarter 2025 Financial Results
SINGAPORE, Nov. 21, 2025 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with
About this update from Vinfast Auto Ltd.
[{"type":"text","content":"SINGAPORE, Nov. 21, 2025 /PRNewswire/ -- VinFast Auto Ltd. (\"VinFast\" or the \"Company\") (Nasdaq: VFS), a pure-play electric vehicle (\"EV\") manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the third quarter ended September 30, 2025.\n \n \n \n \n \n \n \nDriven by Strong Top-line Focus, VinFast Reports USD 719 Million in Revenue, Up 47% Year-over-YearDriven by Strong Top-line Focus, VinFast Reports USD 719 Million in Revenue, Up 47% Year-over-YearEV deliveries were 38,195 in the third quarter of 2025, representing an increase of 74% year-over-year and 7% quarter-over-quarter. Cumulatively, in the first nine months of 2025, the Company delivered 110,362 EVs to customers globally, representing a 149% increase year-over-year.E-scooter and e-bike deliveries were 120,052 in the third quarter of 2025, representing an increase of 535% year-over-year and 73% quarter-over-quarter. Cumulatively, in the first nine months of 2025, the Company delivered 234,536 e-scooters and e-bikes, representing a 489% increase year-over-year.Total revenues were VND 18,100.2 billion (US$718.6 million) in the third quarter of 2025, representing an increase of 46.8% from the third quarter of 2024 and an increase of 9.0% from the second quarter of 2025.Madame Thuy Le, Chairwoman of VinFast, said: \"This quarter, VinFast became the first automobile brand to surpass 100,000 vehicles sold in Vietnam within the first three quarters of a single year, following thirteen consecutive months as the nation's best-selling carmaker. Our sustained market leadership at home, combined with continued progress across Asia, including being ranked among the top 8 for EV registrations in India in October 2025 and among the top 5 BEV brands in Indonesia for the first nine months of 2025, demonstrates the growing strength of our brand and the effectiveness of our regional expansion strategy.\"Ms. Lan Anh Nguyen, Chief Financial Officer of VinFast, added: \"Reaching 100,000 vehicles is a proud milestone for us and reflects our strategic investments. In the third quarter of 2025, VinFast continued to deliver solid revenue growth and operational momentum, driven by strong Green Series performance and healthy demand across our broader product portfolio. We enter the fourth quarter with a robust order backlog, ...