Hanoi, Nov 27, 2024 (AFP) - Vietnamese EV maker Vinfast reports $550 million Q3 loss

NAMPA / AFP

2024-11-27

Vietnamese electric vehicle manufacturer VinFast reported a net loss of $550 million for the third quarter, less than the same period last year as the firm recorded an uptick in sales. The communist state's first homegrown car manufacturer is aiming to compete with global EV giants such as Tesla. VinFast shares have fluctuated wildly since debuting on the Nasdaq in August 2023, at one point soaring to a market value bigger than Ford and General M......

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