VinFast's Q2 losses widen on impairment charge, higher expenses

VinFast's Q2 losses widen on impairment charge, higher expenses

FILE PHOTO: VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S., March 1, 2023. REUTERS/Lisa Baertlein/File Photo

Vietnamese electric vehicle maker VinFast‘s losses widened in the second quarter due to rising costs linked to its overseas expansion and impairment charges, although its revenue rose, it reported on Friday.