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VinFast Auto Ltd. reported the results of its extraordinary general meeting of shareholders held on May 27, 2026. Shareholders voted on a single resolution to approve the proposed transfer of the Company’s shares in VinFast Trading and Production Joint Stock Company, following a split of certain assets, operations and business undertakings.
As of the May 1, 2026 record date, 2,339,536,010 ordinary shares were outstanding and entitled to vote. At the meeting, 2,291,900,385 shares were represented in person or by proxy, establishing a quorum under the Company’s Constitution. The resolution was approved with 2,291,759,529 votes for, 107,196 votes against, and 33,660 abstained/withheld.
VinFast Auto Ltd. reported the results of its extraordinary general meeting of shareholders held on May 27, 2026. Shareholders voted on a single resolution to approve the proposed transfer of the Company’s shares in VinFast Trading and Production Joint Stock Company, following a split of certain assets, operations and business undertakings.
As of the May 1, 2026 record date, 2,339,536,010 ordinary shares were outstanding and entitled to vote. At the meeting, 2,291,900,385 shares were represented in person or by proxy, establishing a quorum under the Company’s Constitution. The resolution was approved with 2,291,759,529 votes for, 107,196 votes against, and 33,660 abstained/withheld.
VinFast Auto Ltd. reported a leadership transition on its Board of Directors. Effective May 23, 2026, Mr. Pham Nhat Quan Anh has been appointed Chairman of the Board, replacing Ms. Le Thi Thu Thuy, who is also stepping down as a board member.
Mr. Anh has held senior roles at VinFast since 2019 across vehicle development, manufacturing, global sales, marketing, and after-sales, and previously held executive positions at Vinpearl. Ms. Thuy will continue as Vice Chairwoman of Vingroup, VinFast’s major shareholder, focusing on broader strategic priorities.
Following this transition, VinFast’s Board has six members, including two independent directors. Mr. Anh and Ms. Nguyen Thi Lan Anh have joined the Nominating and Corporate Governance Committee, which Mr. Anh will chair.
VinFast Auto Ltd. reported a leadership transition on its Board of Directors. Effective May 23, 2026, Mr. Pham Nhat Quan Anh has been appointed Chairman of the Board, replacing Ms. Le Thi Thu Thuy, who is also stepping down as a board member.
Mr. Anh has held senior roles at VinFast since 2019 across vehicle development, manufacturing, global sales, marketing, and after-sales, and previously held executive positions at Vinpearl. Ms. Thuy will continue as Vice Chairwoman of Vingroup, VinFast’s major shareholder, focusing on broader strategic priorities.
Following this transition, VinFast’s Board has six members, including two independent directors. Mr. Anh and Ms. Nguyen Thi Lan Anh have joined the Nominating and Corporate Governance Committee, which Mr. Anh will chair.
VinFast Auto Ltd. plans a major restructuring of its Vietnam operations, splitting design, R&D, brand and sales into a new subsidiary (VFVN) and then selling all shares of its current Vietnamese manufacturing arm VFTP to a purchaser group for about VND13,309.6 billion (approximately US$530 million).
After the Split, VFTP will hold the Vietnam manufacturing business and related debt, while VFVN will own global R&D, IP, after-sales and sales entities. A new Manufacturing Agreement will make VFTP an independent contract manufacturer of VinFast-branded vehicles on a cost-plus basis targeting roughly a 5% margin. VinFast expects completion by the third quarter of 2026, subject to shareholder and creditor approvals and other closing conditions.
The company plans to use the Share Transfer proceeds mainly to repay and extinguish about VND10,162.3 billion (approximately US$404.8 million) of a P-Note, keeping the balance to fund core activities such as product research and development, technology, brand building and sales. An independent financial adviser valued VFTP’s equity between approximately VND901 billion and VND15,298 billion, with a midpoint of VND2,653 billion, and concluded the negotiated price is fair from a financial perspective. The Board’s recommending directors urge shareholders to approve the Share Transfer at an all-virtual extraordinary general meeting scheduled for May 27, 2026.
VinFast Auto Ltd. plans a major restructuring of its Vietnam operations, splitting design, R&D, brand and sales into a new subsidiary (VFVN) and then selling all shares of its current Vietnamese manufacturing arm VFTP to a purchaser group for about VND13,309.6 billion (approximately US$530 million).
After the Split, VFTP will hold the Vietnam manufacturing business and related debt, while VFVN will own global R&D, IP, after-sales and sales entities. A new Manufacturing Agreement will make VFTP an independent contract manufacturer of VinFast-branded vehicles on a cost-plus basis targeting roughly a 5% margin. VinFast expects completion by the third quarter of 2026, subject to shareholder and creditor approvals and other closing conditions.
The company plans to use the Share Transfer proceeds mainly to repay and extinguish about VND10,162.3 billion (approximately US$404.8 million) of a P-Note, keeping the balance to fund core activities such as product research and development, technology, brand building and sales. An independent financial adviser valued VFTP’s equity between approximately VND901 billion and VND15,298 billion, with a midpoint of VND2,653 billion, and concluded the negotiated price is fair from a financial perspective. The Board’s recommending directors urge shareholders to approve the Share Transfer at an all-virtual extraordinary general meeting scheduled for May 27, 2026.
VinFast Auto Ltd. reported preliminary deliveries of 24,774 electric vehicles in Vietnam for April 2026. These domestic deliveries brought year-to-date preliminary EV deliveries to 78,458, highlighting strong volume in its home market.
Limo Green was the best-selling model in April with 6,480 vehicles delivered, followed by the VF 3 with 5,273. The VF 5 and Herio Green together reached 4,732 April deliveries, while the VF 6, VF MPV 7, and VF 7 recorded 2,704, 2,526, and 1,148 deliveries, respectively. For the first four months of 2026, cumulative deliveries in Vietnam were led by Limo Green at 18,951 vehicles and VF 3 at 15,461, with additional contributions from VF 5 and Herio Green at 13,404, VF 6 at 9,383, VF MPV 7 at 6,212, and VF 7 at 4,662. VinFast emphasized these figures are preliminary and may differ from final vehicle sales revenue after audit.
VinFast Auto Ltd. reported preliminary deliveries of 24,774 electric vehicles in Vietnam for April 2026. These domestic deliveries brought year-to-date preliminary EV deliveries to 78,458, highlighting strong volume in its home market.
Limo Green was the best-selling model in April with 6,480 vehicles delivered, followed by the VF 3 with 5,273. The VF 5 and Herio Green together reached 4,732 April deliveries, while the VF 6, VF MPV 7, and VF 7 recorded 2,704, 2,526, and 1,148 deliveries, respectively. For the first four months of 2026, cumulative deliveries in Vietnam were led by Limo Green at 18,951 vehicles and VF 3 at 15,461, with additional contributions from VF 5 and Herio Green at 13,404, VF 6 at 9,383, VF MPV 7 at 6,212, and VF 7 at 4,662. VinFast emphasized these figures are preliminary and may differ from final vehicle sales revenue after audit.
VinFast Auto Ltd. reports in its Form 20-F large ongoing losses, tight liquidity and substantial business risks as it scales its global EV operations.
The company recorded a 2025 net loss of VND99,582.8 billion (about $3,964.1 million) and used VND44,461.2 billion ($1,769.9 million) in operating cash. Current liabilities exceeded current assets by VND79,319.2 billion ($3,157.5 million), and total debt reached VND82,164.2 billion ($3,270.7 million), with 2026 debt service obligations of VND34,615.9 billion ($1,378.0 million).
Auditors highlight substantial doubt about VinFast’s ability to continue as a going concern, with the plan relying on new financing, letters of support from Vingroup, and up to VND50,000.0 billion ($2.0 billion) of grants committed by founder Pham Nhat Vuong and associated companies through 2026. The filing also outlines extensive operational risks, including rapid global expansion, dependence on government EV incentives, supply-chain and manufacturing challenges, product recalls, technology and cybersecurity issues, and multiple material weaknesses in internal control over financial reporting.
VinFast Auto Ltd. reports in its Form 20-F large ongoing losses, tight liquidity and substantial business risks as it scales its global EV operations.
The company recorded a 2025 net loss of VND99,582.8 billion (about $3,964.1 million) and used VND44,461.2 billion ($1,769.9 million) in operating cash. Current liabilities exceeded current assets by VND79,319.2 billion ($3,157.5 million), and total debt reached VND82,164.2 billion ($3,270.7 million), with 2026 debt service obligations of VND34,615.9 billion ($1,378.0 million).
Auditors highlight substantial doubt about VinFast’s ability to continue as a going concern, with the plan relying on new financing, letters of support from Vingroup, and up to VND50,000.0 billion ($2.0 billion) of grants committed by founder Pham Nhat Vuong and associated companies through 2026. The filing also outlines extensive operational risks, including rapid global expansion, dependence on government EV incentives, supply-chain and manufacturing challenges, product recalls, technology and cybersecurity issues, and multiple material weaknesses in internal control over financial reporting.
VinFast Auto Ltd. reported strong preliminary delivery growth for the first quarter of 2026. The company delivered 58,577 electric vehicles globally in 1Q26, a 61% increase year-over-year. Its best-selling models were the Limo Green with 12,693 deliveries and the VF 3 with 11,088.
Other 1Q26 deliveries included 8,490 VF 5, 7,819 VF 6, 5,080 VF 7, 3,809 Minio Green, and 3,741 VF MPV 7 vehicles. VinFast also delivered 143,136 e-scooters and e-bikes, up 219% year-over-year, underscoring its growing presence in Vietnam’s motorbike market.
The company plans to release full 1Q26 financial results before market open on June 8, 2026, followed by a live webcast where management will discuss business performance and strategy. The delivery figures are preliminary and may change after audit.
VinFast Auto Ltd. reported strong preliminary delivery growth for the first quarter of 2026. The company delivered 58,577 electric vehicles globally in 1Q26, a 61% increase year-over-year. Its best-selling models were the Limo Green with 12,693 deliveries and the VF 3 with 11,088.
Other 1Q26 deliveries included 8,490 VF 5, 7,819 VF 6, 5,080 VF 7, 3,809 Minio Green, and 3,741 VF MPV 7 vehicles. VinFast also delivered 143,136 e-scooters and e-bikes, up 219% year-over-year, underscoring its growing presence in Vietnam’s motorbike market.
The company plans to release full 1Q26 financial results before market open on June 8, 2026, followed by a live webcast where management will discuss business performance and strategy. The delivery figures are preliminary and may change after audit.
VinFast Auto Ltd. reported preliminary domestic Vietnam deliveries of 27,609 electric vehicles in March 2026, a 127% year-over-year increase, highlighting rapid growth in its home market. For the first quarter of 2026, VinFast delivered a preliminary total of 53,684 EVs to Vietnamese customers.
The Limo Green led March results with 6,795 vehicles delivered, followed by the VF 3 with 4,729. Other March volumes included 4,218 VF 5 and Herio Green vehicles, 3,152 VF 6, 2,521 VF MPV 7, 1,969 Minio Green, 1,732 VF 7, and 1,136 EC Van vehicles. In the first quarter of 2026, best-sellers were Limo Green and VF 3 with 12,471 and 10,188 vehicles delivered, respectively.
VinFast Auto Ltd. reported preliminary domestic Vietnam deliveries of 27,609 electric vehicles in March 2026, a 127% year-over-year increase, highlighting rapid growth in its home market. For the first quarter of 2026, VinFast delivered a preliminary total of 53,684 EVs to Vietnamese customers.
The Limo Green led March results with 6,795 vehicles delivered, followed by the VF 3 with 4,729. Other March volumes included 4,218 VF 5 and Herio Green vehicles, 3,152 VF 6, 2,521 VF MPV 7, 1,969 Minio Green, 1,732 VF 7, and 1,136 EC Van vehicles. In the first quarter of 2026, best-sellers were Limo Green and VF 3 with 12,471 and 10,188 vehicles delivered, respectively.
VinFast Auto Ltd. reported record dealer activity for its electric scooters in March 2026. The company received more than 135,000 e-scooter orders from dealers and shipped over 93,000 e-scooters to dealers in Vietnam, highlighting strong demand for its two-wheel electric products.
Within VinFast’s lineup, the Evo and Feliz models led consumer demand, with dealers selling more than 52,000 Evo units and more than 24,000 Feliz units to end customers during the month. The company cautions that vehicle orders may not translate into completed sales and that deliveries are only one aspect of overall financial performance.
VinFast Auto Ltd. reported record dealer activity for its electric scooters in March 2026. The company received more than 135,000 e-scooter orders from dealers and shipped over 93,000 e-scooters to dealers in Vietnam, highlighting strong demand for its two-wheel electric products.
Within VinFast’s lineup, the Evo and Feliz models led consumer demand, with dealers selling more than 52,000 Evo units and more than 24,000 Feliz units to end customers during the month. The company cautions that vehicle orders may not translate into completed sales and that deliveries are only one aspect of overall financial performance.
VinFast Auto Ltd. CEO Vuong Pham Nhat reported an indirect restructuring-type transaction involving 1,000,000,000 VFTP Series 5 Preference Shares held through Vingroup. These preference shares are in VinFast Trading and Product Joint Stock Company, a Vietnamese subsidiary of VinFast.
The VFTP Series 5 Preference Shares are exchangeable into VinFast ordinary shares at a rate of 10.1 preference shares for 1 ordinary share, subject to obtaining necessary approvals and other conditions, and they have no expiration date. Following the transaction, 4,542,643,385 VFTP Series 5 Preference Shares are reported as indirectly owned. The filing classifies the move as an “other” derivative transaction related to restructuring, not a standard open-market buy or sell.
VinFast Auto Ltd. CEO Vuong Pham Nhat reported an indirect restructuring-type transaction involving 1,000,000,000 VFTP Series 5 Preference Shares held through Vingroup. These preference shares are in VinFast Trading and Product Joint Stock Company, a Vietnamese subsidiary of VinFast.
The VFTP Series 5 Preference Shares are exchangeable into VinFast ordinary shares at a rate of 10.1 preference shares for 1 ordinary share, subject to obtaining necessary approvals and other conditions, and they have no expiration date. Following the transaction, 4,542,643,385 VFTP Series 5 Preference Shares are reported as indirectly owned. The filing classifies the move as an “other” derivative transaction related to restructuring, not a standard open-market buy or sell.
VinFast Auto Ltd. director and CEO Vuong Pham Nhat filed an amended Form 3 showing only indirect ownership positions, not new trades. The filing attributes large blocks of VinFast ordinary shares to related entities: Vingroup holds 1,185,010,424 shares, Vietnam Investment Group (VIG) holds 769,584,044 shares, and Asian Star holds 334,041,555 shares. Vuong disclaims beneficial ownership of these shares except to the extent of any pecuniary interest.
The amendment also lists multiple series of VFTP and VFDI preference shares held by Vingroup that are exchangeable into VinFast ordinary shares at fixed ratios, with no expiration date and subject to necessary approvals and conditions. These entries describe existing indirect and derivative-style holdings rather than purchases or sales.
VinFast Auto Ltd. director and CEO Vuong Pham Nhat filed an amended Form 3 showing only indirect ownership positions, not new trades. The filing attributes large blocks of VinFast ordinary shares to related entities: Vingroup holds 1,185,010,424 shares, Vietnam Investment Group (VIG) holds 769,584,044 shares, and Asian Star holds 334,041,555 shares. Vuong disclaims beneficial ownership of these shares except to the extent of any pecuniary interest.
The amendment also lists multiple series of VFTP and VFDI preference shares held by Vingroup that are exchangeable into VinFast ordinary shares at fixed ratios, with no expiration date and subject to necessary approvals and conditions. These entries describe existing indirect and derivative-style holdings rather than purchases or sales.