Anne Pham
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EV maker VinFast's revenue jumps on SE Asian demand, but loss widens
EV maker VinFast's revenue jumps on SE Asian demand, but loss widens June 8 : Vietnam's VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, driven by strong demand for its electric vehicles in key Southeast Asian markets, but posted a wider net loss. Quarterly revenue rose to 23.11 trillion dong ($877.24 million) from 16.31 trillion dong a year earlier, the company said in a statement. In recent years, VinFast has shifted focus to Southeast Asia and India,...