VinFast
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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,...
EV maker VinFast's quarterly revenue rises on strong Southeast Asia demand
EV maker VinFast's quarterly revenue rises on strong Southeast Asia demand June 8 : Vietnam's VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, bolstered by strong demand for its electric vehicles from key markets in Southeast Asia. The company's quarterly revenue came in at 23.11 trillion dong ($877.24 million), compared with revenue of 16.31 trillion dong a year earlier. With EV sales sluggish in countries such as the United States, VinFast has shifted focus to...