Despite losses totally more than US$2 billion in 2023, Vietnam’s homegrown automaker will break even in 2025, according VinFast President Le Thi Thu Thuy as reported by Zing News. This is a huge undertaking with sales overseas lacklustre at best–just a few thousand–and the vehicles sold in Vietnam mostly to its sister company Xanh GSM. Furthermore, VinFast has also announced new factory projects in the United States, India, and Indonesia totalling billions of dollars.
VinFast exec claims will break even in 2025
Vietnam News Today, August 06 2026, Business & Economy
In today’s Vietnam news: Foxconn expansion, No GMT for BOT projects proposed, Land prices falling, Cassava chip export restrictions proposed, Diamond trade as conditional
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In today’s Vietnam news: VAT cut extension proposal, FDI recorded Jan – July, Bamboo Airways adds flights, Carbon market stalls, HCMC data centre capacity,
Vietnam News Today, August 04 2026, Business & Economy
In today’s Vietnam news: PMI increases, Seafood export concerns US tariffs, SBV preferential loans for SMEs program, Credit growth reaches 8.38 percent, PM pushes
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