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VinFast reports $3.18b loss in 2024 as costs outpace revenue growth

VinFast reports $3.18b loss in 2024 as costs outpace revenue growth

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

Double-digit growth in vehicle sales and total revenues was not enough to narrow Nasdaq-listed Vietnamese EV maker VinFast’s net losses in 2024.

Edited by: Padma Priya

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