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[6-K] VinFast Auto Ltd. Current Report (Foreign Issuer)

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Rhea-AI Filing Summary

Form 8-K – Item 8.01 Other Events

On 9 July 2025 the Santa Barbara County Superior Court denied Sable Offshore Corp.’s (NYSE: SOC) motion to stay the California Coastal Commission’s 10 April 2025 Cease-and-Desist Order that limits maintenance and repair work in the coastal zone. The company filed a Notice of Appeal against the court’s 28 May 2025 preliminary-injunction order and plans to pursue relief in the California Court of Appeal.

Operationally, Sable continues to produce from the Santa Ynez Unit, routing volumes to storage tanks at Las Flores Canyon. Management reiterates its plan to restart the Las Flores Pipeline System and targets first oil sales on 1 August 2025, subject to regulatory approval.

No financial statements, guidance, or earnings metrics accompanied this filing. The forward-looking statements emphasize litigation outcomes, restart timing, regulatory compliance, and other factors cited in prior SEC reports as key risks to future performance.

Modulo 8-K – Punto 8.01 Altri Eventi

Il 9 luglio 2025 la Corte Superiore della Contea di Santa Barbara ha respinto la richiesta di sospensione presentata da Sable Offshore Corp. (NYSE: SOC) riguardo all'Ordine di Cessazione e Astensione emesso dalla California Coastal Commission il 10 aprile 2025, che limita i lavori di manutenzione e riparazione nella zona costiera. La società ha presentato un ricorso in appello contro l'ordinanza preliminare del tribunale del 28 maggio 2025 e intende proseguire con la richiesta di intervento presso la Corte d'Appello della California.

Dal punto di vista operativo, Sable continua a produrre dall'Unità di Santa Ynez, indirizzando i volumi ai serbatoi di stoccaggio a Las Flores Canyon. La direzione ribadisce il piano di riavviare il Sistema di Pipeline di Las Flores e prevede le prime vendite di petrolio per il 1° agosto 2025, subordinatamente all'approvazione normativa.

In questa comunicazione non sono stati allegati bilanci, previsioni o indicatori economici. Le dichiarazioni previsionali sottolineano i risultati delle controversie legali, i tempi di riavvio, la conformità normativa e altri fattori già indicati nei precedenti rapporti SEC come rischi principali per le performance future.

Formulario 8-K – Punto 8.01 Otros Eventos

El 9 de julio de 2025, el Tribunal Superior del Condado de Santa Bárbara denegó la moción de Sable Offshore Corp. (NYSE: SOC) para suspender la Orden de Cese y Desistimiento emitida por la Comisión Costera de California el 10 de abril de 2025, que limita los trabajos de mantenimiento y reparación en la zona costera. La compañía presentó un aviso de apelación contra la orden de medida cautelar preliminar del tribunal del 28 de mayo de 2025 y planea buscar alivio en la Corte de Apelaciones de California.

Operativamente, Sable continúa produciendo en la Unidad Santa Ynez, dirigiendo los volúmenes a tanques de almacenamiento en Las Flores Canyon. La gerencia reitera su plan de reiniciar el Sistema de Oleoductos Las Flores y apunta a las primeras ventas de petróleo el 1 de agosto de 2025, sujeto a la aprobación regulatoria.

No se acompañaron estados financieros, orientaciones ni métricas de ganancias con esta presentación. Las declaraciones prospectivas enfatizan los resultados de litigios, el tiempo de reinicio, el cumplimiento regulatorio y otros factores mencionados en informes previos de la SEC como riesgos clave para el desempeño futuro.

서식 8-K – 항목 8.01 기타 사건

2025년 7월 9일, 산타바버라 카운티 고등법원은 캘리포니아 해안 위원회가 2025년 4월 10일에 발령한 해안 지역 내 유지보수 및 수리 작업을 제한하는 중지 명령에 대해 Sable Offshore Corp.(NYSE: SOC)의 집행 정지 신청을 기각했습니다. 회사는 2025년 5월 28일 법원의 예비 금지 명령에 대해 항소 통지를 제출했으며 캘리포니아 항소 법원에서 구제를 추구할 계획입니다.

운영 측면에서 Sable은 계속해서 산타 이네즈 유닛에서 생산하며, 생산량을 라스 플로레스 캐년의 저장 탱크로 보냅니다. 경영진은 라스 플로레스 파이프라인 시스템의 재가동 계획을 재확인했으며, 규제 승인에 따라 2025년 8월 1일 첫 원유 판매를 목표로 하고 있습니다.

이번 제출에는 재무제표, 가이던스 또는 수익 지표가 포함되지 않았습니다. 미래 예측 진술은 소송 결과, 재가동 시기, 규제 준수 및 이전 SEC 보고서에서 언급된 기타 요소들을 미래 성과의 주요 위험으로 강조하고 있습니다.

Formulaire 8-K – Point 8.01 Autres Événements

Le 9 juillet 2025, la Cour supérieure du comté de Santa Barbara a rejeté la demande de suspension de Sable Offshore Corp. (NYSE : SOC) concernant l'Ordre de cessation et d'abstention émis par la California Coastal Commission le 10 avril 2025, qui limite les travaux d'entretien et de réparation dans la zone côtière. La société a déposé un avis d'appel contre l'ordonnance d'injonction préliminaire du tribunal du 28 mai 2025 et prévoit de demander un recours auprès de la Cour d'appel de Californie.

Sur le plan opérationnel, Sable continue de produire à l'unité Santa Ynez, en acheminant les volumes vers les réservoirs de stockage de Las Flores Canyon. La direction réaffirme son projet de relancer le système de pipeline de Las Flores et vise les premières ventes de pétrole le 1er août 2025, sous réserve de l'approbation réglementaire.

Aucun état financier, prévisions ou indicateurs de résultats n'accompagnent ce dépôt. Les déclarations prospectives mettent en avant les résultats des litiges, le calendrier de redémarrage, la conformité réglementaire et d'autres facteurs mentionnés dans les rapports précédents de la SEC comme risques majeurs pour les performances futures.

Formular 8-K – Punkt 8.01 Sonstige Ereignisse

Am 9. Juli 2025 hat das Superior Court des Santa Barbara County den Antrag von Sable Offshore Corp. (NYSE: SOC) auf Aussetzung der am 10. April 2025 von der California Coastal Commission erlassenen Einstellungs- und Unterlassungsverfügung, die Wartungs- und Reparaturarbeiten in der Küstenzone einschränkt, abgelehnt. Das Unternehmen hat gegen die vorläufige Verfügung des Gerichts vom 28. Mai 2025 eine Berufung eingelegt und plant, vor dem Berufungsgericht von Kalifornien Rechtsschutz zu suchen.

Operativ produziert Sable weiterhin aus der Santa Ynez Einheit und leitet die Mengen zu den Lagertanks im Las Flores Canyon. Das Management bekräftigt seinen Plan, das Las Flores Pipeline System wieder in Betrieb zu nehmen und peilt den ersten Ölverkauf am 1. August 2025 an, vorbehaltlich der behördlichen Genehmigung.

Mit dieser Einreichung wurden keine Finanzberichte, Prognosen oder Gewinnkennzahlen vorgelegt. Die zukunftsgerichteten Aussagen heben die Ergebnisse der Rechtsstreitigkeiten, den Neustartzeitpunkt, die Einhaltung der Vorschriften und weitere in früheren SEC-Berichten genannte Faktoren als wesentliche Risiken für die zukünftige Entwicklung hervor.

Positive
  • Continued production from the Santa Ynez Unit despite regulatory challenges.
  • Management maintains a clear timeline for restarting the Las Flores Pipeline System with first oil sales targeted for 1 August 2025.
Negative
  • Court denied motion to stay the Coastal Commission’s cease-and-desist order, increasing legal and regulatory uncertainty.
  • Ongoing litigation and potential compliance costs could pressure cash flow and delay operational plans if the appeal fails.

Insights

TL;DR – Court denial heightens legal risk, but appeal underway; immediate operations unaffected.

The Superior Court’s refusal to stay the Coastal Commission’s cease-and-desist order signals a tougher regulatory posture toward Sable’s coastal activities. While the company’s notice of appeal preserves legal options, appellate relief could take months, prolonging uncertainty and elevating legal expenses. Importantly, the order does not currently halt Santa Ynez production, yet any future enforcement could impede maintenance work critical to long-term asset integrity. Investors should monitor the appellate docket and potential settlement discussions for timetable clarity.

TL;DR – Ongoing production and 1 Aug pipeline restart target partially offset legal setback; overall impact neutral.

From an operational perspective, Sable’s ability to keep Santa Ynez barrels flowing to storage and its confidence in an August pipeline restart are encouraging, suggesting limited near-term volume disruption. Assuming restart approval, cash flow could normalize quickly. However, the hostile legal environment introduces headline risk and potential cost overruns that may weigh on valuation multiples. Net effect is balanced: operational continuity is a plus, but regulatory friction limits upside until resolved.

Modulo 8-K – Punto 8.01 Altri Eventi

Il 9 luglio 2025 la Corte Superiore della Contea di Santa Barbara ha respinto la richiesta di sospensione presentata da Sable Offshore Corp. (NYSE: SOC) riguardo all'Ordine di Cessazione e Astensione emesso dalla California Coastal Commission il 10 aprile 2025, che limita i lavori di manutenzione e riparazione nella zona costiera. La società ha presentato un ricorso in appello contro l'ordinanza preliminare del tribunale del 28 maggio 2025 e intende proseguire con la richiesta di intervento presso la Corte d'Appello della California.

Dal punto di vista operativo, Sable continua a produrre dall'Unità di Santa Ynez, indirizzando i volumi ai serbatoi di stoccaggio a Las Flores Canyon. La direzione ribadisce il piano di riavviare il Sistema di Pipeline di Las Flores e prevede le prime vendite di petrolio per il 1° agosto 2025, subordinatamente all'approvazione normativa.

In questa comunicazione non sono stati allegati bilanci, previsioni o indicatori economici. Le dichiarazioni previsionali sottolineano i risultati delle controversie legali, i tempi di riavvio, la conformità normativa e altri fattori già indicati nei precedenti rapporti SEC come rischi principali per le performance future.

Formulario 8-K – Punto 8.01 Otros Eventos

El 9 de julio de 2025, el Tribunal Superior del Condado de Santa Bárbara denegó la moción de Sable Offshore Corp. (NYSE: SOC) para suspender la Orden de Cese y Desistimiento emitida por la Comisión Costera de California el 10 de abril de 2025, que limita los trabajos de mantenimiento y reparación en la zona costera. La compañía presentó un aviso de apelación contra la orden de medida cautelar preliminar del tribunal del 28 de mayo de 2025 y planea buscar alivio en la Corte de Apelaciones de California.

Operativamente, Sable continúa produciendo en la Unidad Santa Ynez, dirigiendo los volúmenes a tanques de almacenamiento en Las Flores Canyon. La gerencia reitera su plan de reiniciar el Sistema de Oleoductos Las Flores y apunta a las primeras ventas de petróleo el 1 de agosto de 2025, sujeto a la aprobación regulatoria.

No se acompañaron estados financieros, orientaciones ni métricas de ganancias con esta presentación. Las declaraciones prospectivas enfatizan los resultados de litigios, el tiempo de reinicio, el cumplimiento regulatorio y otros factores mencionados en informes previos de la SEC como riesgos clave para el desempeño futuro.

서식 8-K – 항목 8.01 기타 사건

2025년 7월 9일, 산타바버라 카운티 고등법원은 캘리포니아 해안 위원회가 2025년 4월 10일에 발령한 해안 지역 내 유지보수 및 수리 작업을 제한하는 중지 명령에 대해 Sable Offshore Corp.(NYSE: SOC)의 집행 정지 신청을 기각했습니다. 회사는 2025년 5월 28일 법원의 예비 금지 명령에 대해 항소 통지를 제출했으며 캘리포니아 항소 법원에서 구제를 추구할 계획입니다.

운영 측면에서 Sable은 계속해서 산타 이네즈 유닛에서 생산하며, 생산량을 라스 플로레스 캐년의 저장 탱크로 보냅니다. 경영진은 라스 플로레스 파이프라인 시스템의 재가동 계획을 재확인했으며, 규제 승인에 따라 2025년 8월 1일 첫 원유 판매를 목표로 하고 있습니다.

이번 제출에는 재무제표, 가이던스 또는 수익 지표가 포함되지 않았습니다. 미래 예측 진술은 소송 결과, 재가동 시기, 규제 준수 및 이전 SEC 보고서에서 언급된 기타 요소들을 미래 성과의 주요 위험으로 강조하고 있습니다.

Formulaire 8-K – Point 8.01 Autres Événements

Le 9 juillet 2025, la Cour supérieure du comté de Santa Barbara a rejeté la demande de suspension de Sable Offshore Corp. (NYSE : SOC) concernant l'Ordre de cessation et d'abstention émis par la California Coastal Commission le 10 avril 2025, qui limite les travaux d'entretien et de réparation dans la zone côtière. La société a déposé un avis d'appel contre l'ordonnance d'injonction préliminaire du tribunal du 28 mai 2025 et prévoit de demander un recours auprès de la Cour d'appel de Californie.

Sur le plan opérationnel, Sable continue de produire à l'unité Santa Ynez, en acheminant les volumes vers les réservoirs de stockage de Las Flores Canyon. La direction réaffirme son projet de relancer le système de pipeline de Las Flores et vise les premières ventes de pétrole le 1er août 2025, sous réserve de l'approbation réglementaire.

Aucun état financier, prévisions ou indicateurs de résultats n'accompagnent ce dépôt. Les déclarations prospectives mettent en avant les résultats des litiges, le calendrier de redémarrage, la conformité réglementaire et d'autres facteurs mentionnés dans les rapports précédents de la SEC comme risques majeurs pour les performances futures.

Formular 8-K – Punkt 8.01 Sonstige Ereignisse

Am 9. Juli 2025 hat das Superior Court des Santa Barbara County den Antrag von Sable Offshore Corp. (NYSE: SOC) auf Aussetzung der am 10. April 2025 von der California Coastal Commission erlassenen Einstellungs- und Unterlassungsverfügung, die Wartungs- und Reparaturarbeiten in der Küstenzone einschränkt, abgelehnt. Das Unternehmen hat gegen die vorläufige Verfügung des Gerichts vom 28. Mai 2025 eine Berufung eingelegt und plant, vor dem Berufungsgericht von Kalifornien Rechtsschutz zu suchen.

Operativ produziert Sable weiterhin aus der Santa Ynez Einheit und leitet die Mengen zu den Lagertanks im Las Flores Canyon. Das Management bekräftigt seinen Plan, das Las Flores Pipeline System wieder in Betrieb zu nehmen und peilt den ersten Ölverkauf am 1. August 2025 an, vorbehaltlich der behördlichen Genehmigung.

Mit dieser Einreichung wurden keine Finanzberichte, Prognosen oder Gewinnkennzahlen vorgelegt. Die zukunftsgerichteten Aussagen heben die Ergebnisse der Rechtsstreitigkeiten, den Neustartzeitpunkt, die Einhaltung der Vorschriften und weitere in früheren SEC-Berichten genannte Faktoren als wesentliche Risiken für die zukünftige Entwicklung hervor.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2025

 

Commission File Number: 001-41782

 

VinFast Auto Ltd.

 

Dinh Vu – Cat Hai Economic Zone

Cat Hai Islands, Cat Hai Town, Cat Hai District

Hai Phong City, Vietnam

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.    Form 20-F  x   Form 40-F  ¨

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

 

VINFAST DELIVERED 11,382 ELECTRIC VEHICLES IN VIETNAM IN JUNE 2025

 

Hanoi, July 11, 2025 – VinFast Auto Ltd. (the “Company” or “VinFast”) announced its preliminary domestic Vietnam deliveries of 11,382 electric vehicles (“EVs”)1 in June 2025. In total, the Company has delivered 67,5691 EVs to customers in Vietnam during the first half of 2025.

 

VinFast’s deliveries in June 2025 remained relatively steady month-over-month, enabling the company to maintain its position as the leading automaker in Vietnam2. Notably, 3,667 VF 3 vehicles1 were delivered in June 2025, making it VinFast’s best-selling model for the month. The VF 5 followed closely with 3,060 vehicles1 delivered. Excluding the Green series which is designed for commercial transportation, the VF 6 model ranked third with 1,245 vehicles1 delivered, followed by the VF 7 with 725 vehicles1 delivered. Two models from the Green series also contributed to the total deliveries in the month, with 1,415 Nerio Green and 916 Herio Green vehicles1 delivered.

 

In the first half of 2025, the VF 3 and VF 5 were the two best-selling models in Vietnam with cumulative deliveries of 23,083 and 21,812 vehicles1, respectively. The Company also delivered 8,552 VF 6 and 3,586 VF 7 vehicles1 during the period.

 

In June 2025, VinFast officially inaugurated its EV manufacturing plant located in the Vung Ang Economic Zone, Ha Tinh. The facility will focus on manufacturing compact urban EV models, including the VF 3, Minio Green, and EC Van. The plant is expected to produce vehicles for both the domestic Vietnam market and international exports.

 

This Form 6-K shall be deemed to be incorporated by reference into the Company’s registration statement on Form S-8 (File No. 333-278251) and registration statement on Form F-3 (File No. 333-275133) (including any prospectuses forming a part of such registration statements) and to be a part thereof from the date on which this report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.

 

Note 1: Preliminary delivery results are subject to change and may differ from the final number of deliveries that will be recognized as vehicle sales revenue for the period as a result of the year end audit.

 

Note 2: Market and industry statements in this document are based on data from the Vietnam Automobile Manufacturers' Association and Company internal data (for VinFast only).

 

About VinFast

 

VinFast (NASDAQ: VFS) – a subsidiary of Vingroup JSC – is Vietnam’s leading automotive manufacturer, committed to its mission of creating a green future for everyone. VinFast produces a range of electric SUVs, e-scooters, e-bikes, and e-buses in Vietnam and exports to key markets across Asia, North America, and Europe. Learn more at www.vinfastauto.us.

 

VinFast deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the average selling price and various cost components.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    VinFast Auto Ltd.
     
Date: July 11, 2025   By: /s/ Le Thi Thu Thuy
      Name: Le Thi Thu Thuy
      Title: Chairwoman and Director

 

 

 

FAQ

What did the court decide in Sable Offshore Corp. v. California Coastal Commission?

On 9 July 2025 the Santa Barbara County Superior Court denied Sable’s motion to stay the Coastal Commission’s 10 April 2025 Cease-and-Desist Order.

Has Sable Offshore (SOC) appealed the court’s decision?

Yes. On 9 July 2025 the company filed a Notice of Appeal of the 28 May 2025 preliminary-injunction order in the California Court of Appeal.

Is current oil production affected by the ruling?

No. Sable continues to produce from the Santa Ynez Unit and store crude at Las Flores Canyon while pursuing the appeal.

When does Sable expect to restart the Las Flores Pipeline System?

Management targets 1 August 2025 for first oil sales, contingent on receiving necessary approvals.

Does the Form 8-K include new financial results for SOC?

No. The filing is limited to legal and operational updates; no financial statements or earnings data were provided.
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