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VFS on Nasdaq

VinFast Auto Ltd.

VinFast Auto Ltd. is a motor vehicles and passenger car bodies company, listed on Nasdaq (VFS).1

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Last updated Oct 21, 2026.

Overview

$1.8BRevenue, fiscal 20242
-$3.2BNet income, fiscal 20242

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  • TickerVFS on Nasdaq1
  • IndustryMotor Vehicles & Passenger Car Bodies1
  • HeadquartersU01
  • Incorporated inSingapore3
  • Business address61 Robinson Road, #06-01, 61 Robinson, Singapore, U0 0688933
  • Filer categoryAccelerated filer3

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Our Company was incorporated in Singapore on January 19, 2015 as Fiscus Consultancy Pte. Ltd., a private limited company (Company Registration No. 201501874G) under the Companies Act 1967 of Singapore (the “Singapore Companies Act”). We commenced operations in June 2017 in Hanoi, Vietnam through VinFast Vietnam. In May 2018, VinFast Vietnam changed its name to “VinFast Trading and Production Limited Liability Company” and our head office was relocated to Hai Phong, Vietnam. The construction of our electric scooter manufacturing plant was completed in April 2018 and we started production of our first electric scooter model, branded Klara, in November 2018. We broke ground on our automobile manufacturing plant in September 2017 and officially launched the plant in June 2019.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-57.4%Gross margin2
-125.9%Operating margin2
-175.5%Net margin2
54.7%Revenue growth, 20242

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue87¢$2.8B
  • Research and development13¢$412.0M
  • Income tax0¢$1.2M

Out of $1.8B in revenue.2 The company lost money this year.

Financial statements

Revenue52$1.8B in 2024+55% since 2023
0$500.0M$1.0B$1.5B$2.0B2023: $1.2B$1.2B20232024: $1.8B$1.8B2024+55%
Gross profit52-$1.0B in 2024+86% since 2023
-$1.5B-$1.0B-$500.0M02023: -$558.5M-$558.5M20232024: -$1.0B-$1.0B2024+86%
Operating income52-$2.3B in 2024+34% since 2023
-$3.0B-$2.0B-$1.0B02023: -$1.7B-$1.7B20232024: -$2.3B-$2.3B2024+34%
Net income52-$3.2B in 2024+32% since 2023
-$4.0B-$3.0B-$2.0B-$1.0B02023: -$2.4B-$2.4B20232024: -$3.2B-$3.2B2024+32%
Fiscal year2021202220232024
Revenue$1.2B5$1.8B2
Cost of revenue$1.7B5$2.8B2
Gross profit-$558.5M5-$1.0B2
Research and development$608.3M5$412.0M2
Operating expenses$1.1B5
Operating income-$1.7B5-$2.3B2
Income before tax-$2.4B5-$3.2B2
Income tax$3.7M5-$1.2M2
Net income-$2.4B5-$3.2B2
Earnings per share-$1.045-$1.402
Earnings per share (diluted)-$1.045-$1.402
Shares (weighted, basic)1.6B shares52.3B shares22.3B shares22.3B shares2
Shares (weighted, diluted)1.6B shares52.3B shares22.3B shares22.3B shares2

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Corporate structure

VinFast Auto Ltd. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of VinFast Auto Ltd.

  • Pham Nhat Vuong Filed SC 13G on VinFast Auto Ltd., latest Feb 6, 2024
  • VinFast Auto Ltd. U0

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What VinFast Auto Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$4.5B2 Dec 31, 2024$3.5B5 Dec 31, 2023+26.3%
Accumulated depreciation$982.7M2 Dec 31, 2024$605.2M5 Dec 31, 2023+62.4%
Property and equipment, net$3.2B2 Dec 31, 2024$2.8B5 Dec 31, 2023+14.0%
Finance-lease assets$3.6M2 Dec 31, 2024
Operating-lease assets (leased space)$207.2M2 Dec 31, 2024$296.4M5 Dec 31, 2023−30.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$135.9M2 Dec 31, 2024$167.7M5 Dec 31, 2023−19.0%
Marketable securities, current$33.7M2 Dec 31, 2024$172.0K5 Dec 31, 2023+19466.2%
Stakes in other companies (equity method)$47.9M2 Dec 31, 2024

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross6.1T VND2 Dec 31, 20245.9T VND2 Dec 31, 2023+3.4%
Accumulated amortization5.0T VND2 Dec 31, 20244.6T VND2 Dec 31, 2023+8.3%
Finite-lived intangibles, net$47.9M2 Dec 31, 2024$54.1M5 Dec 31, 2023−11.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.1B2 Dec 31, 2024$1.2B5 Dec 31, 2023−6.7%
Raw materials$496.3M2 Dec 31, 2024$610.0M5 Dec 31, 2023−18.6%
Work in process$137.2M2 Dec 31, 2024$143.3M5 Dec 31, 2023−4.3%
Finished goods$415.2M2 Dec 31, 2024$387.7M5 Dec 31, 2023+7.1%
Supplies$935.7K2 Dec 31, 2024$1.1M5 Dec 31, 2023−11.9%

Leadership

Who has led VinFast Auto Ltd., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (5)

Former names

  • VinFast Auto Pte. Ltd.May 12, 2023 to Jul 28, 20233
  • Vinfast Trading & Investment Pte. Ltd.Mar 31, 2022 to Mar 9, 20233

Calendar

Coming up

  1. Nov 20, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.41) a share, on Nov 21, 2025.11

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

240 filings to the SEC since October 2021: 5 annual reports, 14 insider forms, 1 large holders, 220 other. The latest 20:

  1. Oct 13, 20266-K EDGAR
  2. Oct 6, 20264 EDGAR
  3. Sep 28, 20266-K EDGAR
  4. Sep 28, 20264 EDGAR
  5. Sep 16, 20266-K EDGAR
  6. Sep 14, 20266-K EDGAR
  7. Sep 11, 20266-K EDGAR
  8. Aug 11, 20266-K EDGAR
  9. Jul 30, 20266-K EDGAR
  10. Jul 17, 20264 EDGAR
  11. Jul 10, 20266-K EDGAR
  12. Jul 1, 20264 EDGAR
  13. Jun 30, 20266-K EDGAR
  14. Jun 26, 20266-K EDGAR
  15. Jun 22, 20264 EDGAR
  16. Jun 10, 20266-K EDGAR
  17. Jun 10, 20266-K EDGAR
  18. Jun 8, 20266-K EDGAR
  19. Jun 1, 2026SD EDGAR
  20. May 27, 20266-K EDGAR

The 240 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Pham Nhat VuongSC 13G, 1 filing Feb 6, 202412

SEC filer profile

How VinFast Auto Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVinFast Auto Ltd.1
  • CIK0001913510
  • Filer statusAccelerated filer not an emerging growth company; not a shell company4
  • Incorporated inSingapore4
  • Fiscal year endsDecember 311
  • Industry code (SIC)3711 Motor Vehicles & Passenger Car Bodies1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address61 Robinson Road, #06-01, 61 Robinson, Singapore, U0 0688931
  • Phone65-966197091
  • Shares outstanding2,338,812,496 Common Stock shares; 3,321,002 Warrant shares as of Dec 31, 20254
  • AuditorErnst & Young Vietnam Limited, Ho Chi Minh City, Vietnam PCAOB ID 3080; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceMar 31, 20221
  • Filings240 in all: 6-K (83), 424B3 (57), CORRESP (13), EFFECT (12), 425 (11), UPLOAD (10), 3 (7), POS AM (7)1
    All 28 form types

    4 (6), F-4/A (5), 20-F (4), F-1 (4), DRS (3), F-1/A (3), DRS/A (2), 20-F/A (1), 3/A (1), 6-K/A (1), 8-A12B (1), CERT (1), DRSLTR (1), F-3 (1), F-3/A (1), F-4 (1), RW (1), S-8 (1), SC 13G (1), SD (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary shares, no par valueVFSNASDAQ
Warrants, each exercisable for one ordinary shareat an exercise price of $11.50 per ordinary shareVFSWWNASDAQ

From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

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