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.
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